Global Warming: The Juggernaut Interpretation

Abstract

Sincere and profound pessimism about the prospects of implementation success for the COP21 project is warranted. The setting up of the Super Fund is a necessity for avoiding collective choice and decision paradoxes like PD games, sub-optimization and second best solutions. Without massive financial assistance, there will occur widespread reneging on the COP21 objectives (Goal I-III). The system of United Nations Climate Change Conferences, i.e., the yearly conferences held in the framework of the United Nations Framework Convention on Climate Change (UNFCCC), does not offer an organization that is up to the coordination tasks involved in halting climate change. Massive new management is required in each country to fulfill the COP21 objectives.