The Humble Libertarian

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Saturday, June 16, 2012

Report: UN To Consider $1,300 Climate Tax On US

Diplomats at the United Nations Conference on Sustainable Conference in Rio de Janeiro next week will consider proposals that would levy taxes on American families and energy industries in order to support international efforts to combat global warming, according to a draft agenda for the conference...."We call for the fulfilment of all official development assistance commitments, including the commitments by many developed countries to achieve the target of 0.7 per cent of gross national product for official development assistance to developing countries by 2015," the draft says. The proposal would provide "a target of .015 to .020 percent of gross national product for official development assistance to least developed countries." That plan would cost $1,325 for an American family of four, according to CFACT...This tax would help pay for the Green Climate Fund, "which will eventually gather and disburse finance amounting to $100bn (£64bn) per year to help poor countries develop cleanly and adapt to climate impacts," according to the BBC.

Read the rest here
The Global Warming Policy Foundation

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