 | Why do they think they'll succeed this time, when they've failed each time they tried this in the past? |
THE World Bank and IMF are proposing global carbon taxes on aviation and ship fuels in developed economies to help reduce carbon dioxide emissions, according to a draft proposal seen by AFP today.
| These crooks? The ones who fly first class? Dine extravagantly? Stay in the five star resorts? Travel to Bali and Copenhagen for their conferences? Screw 'em. I don't want to hear one damned word from them about my carbon use. |
The proposal suggests an international charge on aviation and maritime bunker fuels of $US25 per ton of CO2, which it said would "reduce CO2 emissions from each sector by around five to 10 per cent".
| And plunge the world into poverty. We'll then need the World Bank and IMF to manage the austerity. They're good at that though they're not so good at, you know, creating prosperity. |
Such a charge, if implemented well, could also bring in $US250 billion ($256.86 billion) in taxes in 2020, according to the report, which focuses on how funds to fight climate change can be mobilised.
| Yes, 250 billion clams, all to be spent by the elites and their apparatchiks on all sorts of worthy causes. Ask them, they'll tell you how worthy they are. The causes. |
The report recommends the plan for the "Annex II Countries" of the UN Climate Change Convention, including most developed economies.
The report stressed the difficulty of coordinating such a global tax, especially for bunker fuel, which ship operators can easily source in countries that would not be covered by any such agreement.
| Which means we'd need an international carbon police, to be paid for by -- you guessed it! -- MORE carbon taxes! |
The same report also urged governments to remove subsidies for fossil fuels in the Annex II countries, which it said were worth about $US40 billion to $US60 billion a year in 2005-2010. |