mike cummings
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.: U.S. Senate Committee on Environment and Public Works :: Minority Page :.Global Carbon Tax Urged at UN Climate Conference
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.”
Does anyone really think that a carbon "tax" will do any good? And it seems more realistic to call this a penalty rather than a tax. Where do the revenues from this penalty, I mean tax go? read on:
The environmental group Friends of the Earth, in attendance in Bali, also advocated the transfer of money from rich to poor nations on Wednesday.
“A climate change response must have at its heart a redistribution of wealth and resources,” said Emma Brindal, a climate justice campaigner coordinator for Friends of the Earth.
If they are going to call it a tax, they should at least refer to it as the Robin Hood tax since it is taking from the rich and giving to the poor.
Who is going to administer this new found wealth? The u.n? Please, the up oil for food program they administered was so rife with corruption and graft does anyone think the projected $10 to $20 billion will be any different?
There are some voices of reason to this madness
MIT climate scientist Dr. Richard Lindzen warned about these types of carbon regulations earlier this year. "Controlling carbon is a bureaucrat's dream. If you control carbon, you control life," Lindzen said in March 2007. (LINK)
In addition, many critics have often charged that proposed tax and regulatory “solutions” were more important to the promoters of man-made climate fears than the accuracy of their science.
Former Colorado Senator Tim Wirth reportedly said in 1990, "We've got to ride the global warming issue. Even if the theory of global warming is wrong, we will be doing the right thing — in terms of economic policy and environmental policy."
The last paragraph pretty much sums it all up. Even if global warming doesn't exist, we need to do something, anything to punish the prosperous nations of the world.