Saturday, September 4, 2010

U.N. Panel: Need Climate Fund Tax

Not disgraced enough after all of the scandals that have rocked the U.N.'s IPCC , the U.N. is ready to get back to socialism to cure capitalism's evils. Fortunately, most people are moving on and ignoring this scam.

BONN, Germany – 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.

[From UN panel: New taxes needed for a climate fund - Yahoo! News]