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World Bank to suggest CO2 levy on jet, shipping fuel
Reuters ^
| Gerard Wynn
Posted on 06/05/2011 3:05:29 PM PDT by kik5150
The World Bank will suggest a global levy on jet and shipping fuel in recommendations to G20 governments later this year on raising climate finance, a senior official said on Sunday.
Developed countries have already written off chances of agreement on a new binding deal at a U.N. conference in Durban this year, placing a new focus on piecemeal efforts including fund-raising.
Binding targets under the Kyoto Protocol cap the greenhouse gas emissions of nearly 40 industrialised countries but expire in 2012 and now look unlikely to be extended in time.
The World Bank is focusing on a levy on shipping and jet fuels in a report to G20 finance minister in October, among other efforts to keep climate action on track.
"We are looking at carbon emissions-based sources ... including bunker (shipping) fuels and aviation fuels, that would be internationally coordinated albeit nationally collected," said Andrew Steer, World Bank special envoy for climate change.
The Bank estimates the extra cost to help the developing world prepare for more droughts, floods and rising seas at $100 billion annually. Various sources put the extra cost of cutting carbon emissions at $200 billion or more annually.
(Excerpt) Read more at af.reuters.com ...
TOPICS: Foreign Affairs
KEYWORDS: dnchoax; fanniemae; globalwarming; globalwarminghoax; patent6904336
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Taxation without representation. Didn't we fight a revolution over that? Just another attempt at global wealth redistribution.
1
posted on
06/05/2011 3:05:39 PM PDT
by
kik5150
To: kik5150
Expletive deleted. That is all.
2
posted on
06/05/2011 3:07:29 PM PDT
by
joelt
To: kik5150
3
posted on
06/05/2011 3:07:48 PM PDT
by
Jim Robinson
(Rebellion is brewing!! Impeach the corrupt Marxist bastard!!)
To: Jim Robinson
More like money grabbers.
4
posted on
06/05/2011 3:09:05 PM PDT
by
Pikachu_Dad
(Impeach Sen Quinn)
To: kik5150
A levy... to be paid to whom?
At least we can be sure these funds wouldn’t be mis-spent... there would be a lockbox for them. /s
To: kik5150
Thieves,plain and simple.
6
posted on
06/05/2011 3:10:27 PM PDT
by
Farmer Dean
(stop worrying about what they want to do to you,start thinking about what you want to do to them)
To: Farmer Dean
Thieves,plain and simple. like all governments
To: kik5150
When the "globe" is no longer warming it will be the (insert calamity here) that will excuse the theft of wealth and the destruction of civilization as we know it.
If we are dumb enough to give our wealth up, along with faith in a (real god), and our freedoms without a fight then we are deserving of what we get.
8
posted on
06/05/2011 3:17:34 PM PDT
by
EGPWS
(Trust in God, question everyone else)
To: kik5150
...World Bank special envoy for climate change.Sounds like a heck of gig if you can it!
9
posted on
06/05/2011 3:22:47 PM PDT
by
LRS
("This is silly! It can't be! It can't be!!" "Oh yes it is! I said you wouldn't know the joint.")
To: kik5150
No worries!
I just used my self appointed authority to dissolve the World Bank......
10
posted on
06/05/2011 3:23:48 PM PDT
by
G Larry
(I dream of a day when a man is judged by the content of his character)
To: LRS
Sounds like a heck of gig if you can GET it!
11
posted on
06/05/2011 3:23:55 PM PDT
by
LRS
("This is silly! It can't be! It can't be!!" "Oh yes it is! I said you wouldn't know the joint.")
To: kik5150
The Bank estimates the extra cost to help the developing world prepare for more droughts, floods and rising seas at $100 billion annually.
12
posted on
06/05/2011 3:24:22 PM PDT
by
EGPWS
(Trust in God, question everyone else)
To: kik5150
Has NOTHING to do with banking.
More like rape. Their MO.
13
posted on
06/05/2011 3:30:09 PM PDT
by
Diogenesis
( Vi veri veniversum vivus vici)
To: kik5150
Relevance!!! How will this help the World bank? Oh, I get it, they get the money.
As long as we have stupid liberals this stuff will continue.
14
posted on
06/05/2011 3:37:43 PM PDT
by
w1andsodidwe
(Barrak has now won the contest. He is even worse than Jimmah.)
To: G Larry
GOP candidate for 2012 should state, no more money ever for World Bank,IMF,UN, etc.
15
posted on
06/05/2011 3:54:43 PM PDT
by
joelt
To: joelt
They should also pledge to clean up the state department and define what their Pro-American mission and purpose is.
16
posted on
06/05/2011 4:05:42 PM PDT
by
opentalk
To: kik5150
Here’s a money saver - stop all US contributions to the World Bank and demand repayment for current “loans” to this crew.
17
posted on
06/05/2011 4:19:37 PM PDT
by
RightGeek
(FUBO and the donkey you rode in on)
To: kik5150
Who are these people. I am becoming more and more convinced that bankers are our real enemy.
18
posted on
06/05/2011 4:25:57 PM PDT
by
Nuc 1.1
(Nuc 1 Liberals aren't Patriots. Remember 1789!)
To: kik5150
“The World Bank will suggest a global levy...”
Hey! I suggest they go pound sand.
19
posted on
06/05/2011 4:28:15 PM PDT
by
Captain7seas
(FIRE JANE LUBCHENCO FROM NOAA)
To: kik5150
We US taxpayers suggest the USA pull out of the World Bank.
20
posted on
06/05/2011 6:49:46 PM PDT
by
RicocheT
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