Observing the summit on climate change and global warming in France brings out three things.

Leaders of the developed economies are cynic about initiating the process of reversing the global warming trends and also world patrimonial capitalism in form of powerful business that control world financial oligarchy. This is monkey-wrenching and arm-twisting the genuine efforts towards climate change and global warming management.

Most saddening is the intellectual bankruptcy of the leaders from poor nations in relation to the climate change expenditure. Some of these leaders have only taken their families and kin there in a categorical fit of a tour to Paris.

At most they only make platitudes in attempt to make their countries look clean before the West. The world thus has to accept the position of the Copenhagen Consensus leader, Dr Bjorn Lomborg, who has argued  in his blog that political promises and stark in-action will not save the world from adverse climate change and global warming.