Quote:
BALI, Indonesia – A global tax on carbon dioxide emissions was urged to help save the Earth from catastrophic man-made global warming at the United Nations climate conference. A panel of UN participants on Thursday urged the adoption of a tax that would represent “a global burden sharing system, fair, with solidarity, and legally binding to all nations.”
“Finally someone will pay for these [climate related] costs,” Othmar Schwank, a global tax advocate, told Inhofe EPW Press Blog following the panel discussion titled “A Global CO2 Tax.” Schwank is a consultant with the Switzerland based Mauch Consulting firm
Schwank said at least “$10-$40 billion dollars per year” could be generated by the tax, and wealthy nations like the U.S. would bear the biggest burden based on the “polluters pay principle.”
The U.S. and other wealthy nations need to “contribute significantly more to this global fund,” Schwank explained. He also added, “It is very essential to tax coal.”
|
http://epw.senate.gov/public/index.c...48a6&Issue_id=
And we get to the meat of the issue, and what all the hot air is really about. Extorting money from 'wealthy' nations, under UN control.
Does anyone really trust the UN with say 40 billion US dollars to 'distribute'?