| EU Proposes Global Wealth Redistribution | | Print | |
| Written by James Heiser | ||||||||||||
| Thursday, 10 September 2009 18:30 | ||||||||||||
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The UN estimates that poor nations will need about $100bn (£60bn) per year for climate adaptation, with much of that coming from levies on carbon trading. The [European] commission hopes its proposal will stimulate negotiations leading up to December's UN summit in Copenhagen. Campaign groups say the sums are less than the EU ought to be spending. "With less than 90 days before Copenhagen, we need to make serious progress in these negotiations," said commission president Jose Manuel Barroso. "I am determined that Europe will continue to provide a lead, but developed and economically advanced developing countries must also make a contribution." The commission is proposing that the EU’s “share” of the $100 billion would be somewhere between $2 and $15 billion. Given the usual natural expansion of all governmental programs, one can easily imagine how such a figure will be adjusted upward time and again in the coming years if the precedent of making such transfers is established. Environmental groups have been pressing the EU to come up with a strong proposal, and were not impressed with the final figure. "The EU is trying to get away with leaving a tip, rather than paying its share of the bill to protect the planet's climate," said Joris den Blanken, climate and energy policy director of Greenpeace-EU. Environmental groups argue that western nations are historically responsible for causing man-made climate change, and so must bear the brunt of any "compensation money" for the developing world - a position that is shared by governments of many poorer countries. Recently the African Union suggested that African countries alone should receive $67bn per year. If $2 to $15 billion a year may be considered merely a “tip,” one may question what “bill” organizations such as Greenpeace-EU would like to see thrown at the European Union — and, in time, the United States. The bidding up of the price of imposing the environmentalist ideology on the entire world has only begun; one can scarcely imagine where it will be by the time of December’s conference in Copenhagen. Photo of Jose Manuel Barroso: AP Images
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Bonnie
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Vladimir Ilyich Lenin said: "The Capitalists will sell us the rope with which we will hang them." "The surest way to destroy a nation is to debauch its currency." "The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation." "Only an armed people can be the real bulwark of popular liberty." "While the State exists, there can be no freedom. When there is freedom there will be no State." |
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rp
said:
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"The Capitalists will sell us the rope with which we will hang them." Wrong! Rope is now made in China! |
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The Warner
said:
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... Filtch for a person and he/she will leech for the day. Show a leech how to filtch and he/she will become a compassionate do-gooder - forever. God save us from governmentalist Do-Gooders. Thou shalt know them by their gripes |
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Member states of the European Union may soon find that the joys of environmental self-righteousness quickly fade when the bill comes due. 
