December 15, 2007
THE EU MUST HAVE LEARNED FROM HARRY REID:
Bali deal 'omits specific cuts' (BBC, 12/15/07)
Negotiators at the climate change conference in Bali have secured provisional agreement on a document on cutting greenhouse gas emissions.Posted by Orrin Judd at December 15, 2007 12:00 AMThe document launches talks that will end in 2009, but - as demanded by the United States - it lacks specific mention of targets for emission cuts.
It's being reported that the Bush administration made the u-turn and changed course.
Posted by: GCR at December 15, 2007 9:52 AMThe "u-turn" was on a discrete amendment by our Indian allies that renders the whole process a nullity by absolving them from any limits.
Posted by: oj at December 15, 2007 12:34 PMIt is counter-productive to cap emissions if they wanted to tax carbon emissions.
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.” (Note: the US has the biggest coal reserves in the world. If petroleum is the biggest source of pollution, don't you think it is at least as "essential" to tax Arab oil?)
The tens of billions of dollars per year generated by a global tax would “flow into a global Multilateral Adaptation Fund” to help nations cope with global warming, according to the report. (Note: and grease some UN bureaucrats' hands since Saddam's Oil-for-Fraud spigot has been turned off by evil Bush. In their last incarnation, UN wanted to impose a world wide tax on foreign exchanges.)
“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. (LINK)
Vice President Al Gore, who arrived Thursday at the Bali conference, reiterated this week his call to place a price on carbon dioxide emissions. (LINK)
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)
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." (LINK)
(Note: Thank God and our lucky stars that Bush, instead of Gore, is in the White House.)