Perhaps more accurately, since I don't think Congress has weighed in on the matter, the resident and his administration, in the name of the American people support reparations talks but that's a bit wordy even for a Daily Mail headline, much less one from Bloomberg.
From Bloomberg, October 20:
Negotiations over compensation payments for climate damage in developing countries will become a key test at next month’s COP27 gathering
The US has decided to support formal UN negotiations over possible compensation and assistance to countries that suffer devastation from storms, floods and droughts made far worse by climate change, senior administration officials said on Wednesday.
The decision adds to a growing focus on what diplomats term “loss and damage,” a mechanism by which wealthy nations responsible for most planet-warming emissions might address the climate damage suffered by developing countries.But while the US is supporting dialogue on the issue, the officials said US negotiators at next month’s UN climate summit in Egypt are discouraging any explicit push for new aid or funding in an agenda item framing the talks. That would put the US at odds with a large group of vulnerable nations which will be led at the talks by Pakistan, where floods have left more than 1,700 dead and caused some $30 billion in losses.
Pakistan’s plight has given the politics of loss and damage a new urgency. Unprecedented monsoon flooding over the summer vividly illustrated the toll wrought by centuries of unchecked greenhouse gas emissions. Pakistan is responsible for little of the pollution that’s caused global temperatures to rise, and it’s gained little from the economic growth enjoyed by wealthier nations, such as the US, which have consumed most of the fossil fuel over the past 200 years.
Yet Pakistan and other developing countries are left to bear the brunt of the impact on the climate — and pay the steep cost.
Long-simmering fights over how, or even if, wealthy nations should pay for the devastation will likely dominate at COP27, as the climate summit is known. Members of the largest negotiating bloc, known as G-77+China, have been insisting on a formal discussion of loss and damage. And the emerging US position would make good on promises of a “dialogue” made as part of last year’s climate negotiations in Glasgow. The US favors language on addressing financial arrangements for averting, minimizing and addressing loss and damage, according to senior administration officials, with a chance to hash out possible options....
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If interested see also yesterday's "The Upcoming Climate Talks Are All About The Money"
