Carbon taxes, add-ons to international air fares and a levy on cross-border money movements are among ways being considered by a panel of the world’s leading economists to raise a staggering $100 billion a year to fight climate change. British economist Nicholas Stern told international climate negotiators Thursday that government regulation and public money also will be needed to create incentives for private investment in industries that emit fewer greenhouse gases. In short, a new industrial revolution is needed to move the world away from fossil fuels to low carbon growth, he said. “It will be extremely exciting, dynamic and productive,” said Stern, one of 18 experts in public finance on an advisory panel appointed by U.N. Secretary-General Ban Ki-moon. A climate summit held in Copenhagen in December was determined to mobilize $100 billion a year by 2020 to help poor countries adapt to climate change and reduce emissions of carbon dioxide trapping the sun’s heat. But the 120 world leaders who met in the Danish capital offered no ideas on how to raise that sum — $1 trillion every decade — prompting Ban to appoint his high-level advisory group. …The advisory panel is chaired by the prime ministers of Norway and Ethiopia and the president of Guyana. Its members include French Finance Minister Christine Lagarde, White House economic adviser Lawrence Summers, billionaire financier George Soros and public planners from China, India, Singapore and several international banks.
U.N. Global Taxes on You and Me Being Decided by Statists such as George Soros and France’s Finance Minister
August 7, 2010 by Dan Mitchell
Here’s one of those “not just no, but Hell No” issues. The United Nations has put together a group of global collectivists to concoct a plan of global taxes. These new levies, on things such as airfares and energy use, would be used to finance bribes (oops, I mean foreign aid) to lure developing nations into a global warming (oops, I mean climate change) regime.