The fact that George Soros has now arrived in Copenhagen just further shows how little this meeting has to do with the environment:

The $10 billion a year proposed by rich nations to help the poor adapt to climate change is “not sufficient” and the gap between what’s offered and what’s needed could wreck the Copenhagen climate conference, American billionaire George Soros said Thursday.

The investor-philanthropist, one in a line of international notables visiting the 192-nation meeting, told reporters he had developed a partial solution. Soros suggested shifting some International Monetary Fund resources from providing liquidity to stressed global financial systems to a new mission of financing projects in developing countries for clean energy and adapting to climate change.

About $100 billion in a one-time infusion could be generated, said Soros, a major supporter of causes in the developing world.

But he acknowledged a major roadblock in Washington.

“It is possible to substantially increase the amount available to fight global warming in the developing world,” he said. “All that is lacking is the political will. Unfortunately the political will will be difficult to gather because of the mere fact that it requires congressional approval in the United States.”

Soros said he had “informal discussions” with Obama administration officials and they recognized the difficulty of getting congressional approval. But he said the issue was too important to sweep aside.

“I think it is already becoming apparent in the negotiations that there’s a gap between the developed and developing world on this issue which could actually wreck the conference,” he added.  [Associated Press]

Sending a $100 billion dollars to developing nations?  Does anyone have any faith that this money would actually be all used for its intended purpose considering all the aid sent to the developing world over the years that was wasted?  Why doesn’t Soros take $10 billion of his own money to send to Bangladesh and see how well that turns out?  He can afford it.

By the way I wonder how many private jets and limos George Soros used during his trip to Copenhagen?:

On a normal day, Majken Friss Jorgensen, managing director of Copenhagen’s biggest limousine company, says her firm has twelve vehicles on the road. During the “summit to save the world”, which opens here tomorrow, she will have 200.

“We thought they were not going to have many cars, due to it being a climate convention,” she says. “But it seems that somebody last week looked at the weather report.”

Ms Jorgensen reckons that between her and her rivals the total number of limos in Copenhagen next week has already broken the 1,200 barrier. The French alone rang up on Thursday and ordered another 42. “We haven’t got enough limos in the country to fulfil the demand,” she says. “We’re having to drive them in hundreds of miles from Germany and Sweden.”

And the total number of electric cars or hybrids among that number? “Five,” says Ms Jorgensen. “The government has some alternative fuel cars but the rest will be petrol or diesel. We don’t have any hybrids in Denmark, unfortunately, due to the extreme taxes on those cars. It makes no sense at all, but it’s very Danish.”

The airport says it is expecting up to 140 extra private jets during the peak period alone, so far over its capacity that the planes will have to fly off to regional airports – or to Sweden – to park, returning to Copenhagen to pick up their VIP passengers.  [The Telegraph]

Glenn Reynolds said it best when he said “I’ll believe it’s a crisis when the people who tell me it’s a crisis start acting like it’s a crisis.”