The UN has proposed a global insurance plan to cover poor people against damages due to global heating effects.

A system like this could reduce the harm done by global heating effects for some period of time — perhaps ten years. But if we fail to curb the emissions, this will be like compensating people on the sinking Titanic for their inconvenience during the sinking process.

Of course, the wealthy countries ought to pay for this. They ought to pay the costs of ending fossil fuel use, too.