This editorial explains how the United Nations expects to obtain the funds to "stop global warming". If this isn't the biggest con-job in all history, I don't know what is. If people think the ENRON scandal was bad, or the current mortgage problems in the U.S. are serious, this plan to basically tax everyone enormously and then use that money to stop global warming is a hundred, or a thousand times worse.
Tax And Wane
By INVESTOR'S BUSINESS DAILY Posted Friday, December 14, 2007 4:20 PM PT
Environment: Big news from the United Nations global warming conference was the last-second agreement on a pact for cutting greenhouse gas emissions. But a more ominous development went largely unnoticed.
The media obsession has been on the efforts of delegates at the U.N.'s Intergovernmental Panel on Climate Change conference to craft an agreement for a climate treaty that would take effect after the Kyoto Treaty expires in 2011.
Though it appeared the meeting would end with no deal, the delegates looked to be near a compromise late Friday.
That treaty is likely to be as effective as the useless, symbolic Kyoto protocol with which no nation has yet complied.
A day earlier, however, a panel at the IPCC conference titled "A Global CO2 Tax" took a step that will have a more lasting impact than an empty agreement. It urged the U.N. to adopt taxes on carbon dioxide emissions that would be "legally binding to all nations."
And guess who would be hit the hardest? That's right, the tax, if levied, would put an especially high burden on the U.S.
"Finally, someone will pay for these costs" related to global warming, Othmar Schwank, a global warming busybody from Switzerland, told Sen. James Inhofe's office. We imagine Schwank, a panel participant, took great glee in saying the U.S. and other developed nations should "contribute significantly more to this global fund."
Schwank estimates the CO2 tax would generate "at least" $10 billion to $40 billion a year in revenues; but anyone who believes that has not paid attention. Even in nations that have a legitimate and more-or-less-limited government, such as ours, bureaucratic programs and taxes always grow bigger than first expected.
It's a good bet that Schwank's low estimate was done intentionally. If the public found out what he and others like him really want, the backlash would put the alarmists out of business.
The driving force of the environmental movement is not a cleaner planet — or a world that doesn't get too hot, in the case of the global warming issue — but a leftist, egalitarian urge to redistribute wealth. A CO2 tax does this and more, choking economic growth in the U.S. and punishing Americans for being the voracious consumers that we are.
Eco-activists have been so successful in distracting the public from their real intentions that they're becoming less guarded in discussing their ultimate goal.
"A climate change response must have at its heart a redistribution of wealth and resources," Emma Brindal, a "climate justice campaign coordinator" for Friends of the Earth Australia, wrote Wednesday on the Climate Action Network's blog.
In this case, redistribution would be handled by the Multilateral Adaptation Fund, an agency that would use the carbon tax receipts to help countries that are having to deal with climate change.
Since the "complete list of things caused by global warming" now exceeds 600 (see our "Chilled By The Heat" editorial, Dec. 13), there would be few if any limits on the U.N.'s ability to move riches from countries that have created and earned them to those that have done neither.
Still think this is all about halting climate change? We would go as far as to say that anyone who does is either naive or a dupe. Both the rhetoric and the behavior of the eco-activists back us up.