Soros: Climate talks 'removed from reality'

Billionaire investor and philanthropist George Soros said global warming talks have achieved little and that the world is falling behind in taking steps to prevent climate change.

“The gap between what needs to be done and what’s actually happening is getting wider,” Soros said in New York City on Monday, Bloomberg reports.

Soros spoke at the opening of Climate Week NYC.

Soros makes it clear he isn’t impressed with the state of global climate initiatives. Talks deadlocked in Copenhagen, Denmark, last year.

“Soros, 80, has said he will invest $1 billion in clean-energy technology and donate $100 million to an environmental policy group to aid new regulations. Soros said he was motivated after observing international climate-treaty negotiations in Denmark," Bloomberg adds.

“The talks didn’t accomplish anything ‘except to keep the negotiations open,’ Soros said. The meetings for a new global treaty to reduce greenhouse-gas pollution take place ‘far removed from reality,’ he said," according to the news service.