UN climate negotiations costing $150 million annually

Yet another climate conference?

These people seem to have become addicted to their own process, which invariably just leads to the next meeting, ad infinitum. Hotels and airlines aren’t complaining though.
H/T The GWPF

The cost of United Nations climate summits have ballooned in tandem with the carbon dioxide emissions officials are trying to restrain, according to estimates put together by environmental economist Richard Tol.

Tol estimates that the costs U.N. Framework Convention on Climate Change’s (UNFCCC) annual negotiations exceed $150 million in the last three years.

The U.N. is also convening an increasing number of climate meetings compared with the late 1990s, according to Tol. However, the costliest negotiations are the annual summits known as the Conference of the Parties (COP).

“If anything, this is an underestimate,” Tol told The Daily Caller News Foundation.

To estimate the annual costs of U.N. climate talks, Tol multiplied the number of meetings by the length of each meeting, the number of participants and travels costs and salaries for government workers.

For example, Tol estimated U.N. climate talks cost about $200 million in 2015, the same year delegates met to hash out the Paris climate accord. Climate negotiations the following year cost slightly more, according to Tol, a professor at the University of Sussex.

Continued here.