UN Panel: New Taxes Needed for Climate Change

BONN, Germany – Carbon taxes, add-ons to international air fares and a levy on cross-border money movements are among ways being considered by a panel of the world's leading economists to raise a staggering $100 billion a year to fight climate change.

British economist Nicholas Stern told international climate negotiators Thursday that government regulation and public money also will be needed to create incentives for private investment in industries that emit fewer greenhouse gases.

In short, a new industrial revolution is needed to move the world away from fossil fuels to low carbon growth, he said.

"It will be extremely exciting, dynamic and productive," said Stern, one of 18 experts in public finance on an advisory panel appointed by U.N. Secretary-General Ban Ki-moon.

Potential revenue sources include auctioning the right to pollute, taxes on carbon production, an international travel tax, and a tax on international financial transactions, as well as government grants and loans. Each could produce tens of billions of dollars a year, Stern said.

The advisory panel is chaired by the prime ministers of Norway and Ethiopia and the president of Guyana. Its members include French Finance Minister Christine Lagarde, White House economic adviser Lawrence Summers, billionaire financier George Soros and public planners from China, India, Singapore and several international banks.

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Yea, extremely exciting b.c you figured out how to rob the world and fold us into a NWO, you eco-fascist scum. The only problem is the people are waking up to your CO2 Ponzi-scheme. Notice not 1 environmental person referenced in the article, only financial and economic snake oil salesmen hell bent on getting a monopoly on global resource control and life itself by taxing the very air and that plants use for photosynthesis, which oxygen is a byproduct of we therefore breathe b/c they say its gonna kill us, when the AGW Global Warming is a hoax and a fraud.

If you care about the environment, nature, your Bill of Rights, your job, your family, your neighborhood, anything good, yet you have been conned by Al Gore and the NWO media machine, which is scientifically programmed to brainwash and pluck at the heartstrings of human emotion, there is still time to wake up the the New World Order. From the top of the pyramid down, these f@ckers want to kill us, plus there's so many useful idiots, compartmentalized and ignorant, who are given power and wealth that push forward the creeping death of tyranny, not knowing that their kids will be slaves too, which makes it very difficult to break free from the matrix. Not to mention the chemical, biological and genetically modified attack on the public with soft-kill weapons through the air, food, water and pharmaceuticals.

Enjoy your tax bitches...I'm gonna be on some 1776 shit.