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 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.
If you don't think that global warming affects you, just wait. These nutcases will continue trying to make YOU pay for their crazy ideas, despite the fact that they don't follow their own advice. Pay attention to this issue - it shoots straight for the heart of your checkbook!
There's my two cents.
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