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Senior Advisor

Obama, the UN and climate change tax.

Can these guys think of any more ways to transfere the wealth? Is this suppose to lower the ocean levels?




President Obama's team of negotiators at the United Nations Climate Change Conference may agree to a tax on foreign currency transactions, designed to pay for a "Green Climate Fund," that would fall disproportionately on American travellers and businesses, according to a group attending the conference that is skeptical of the UN position on global warming.

Negotiators at the conference are considering "a new tax on every foreign currency transaction in the world," according to the Committee for a Constructive Tomorrow (CFACT). "Every time you travel abroad, you'll have to pay a climate tax," explains CFACT, the group that released the "Climategate" emails. "More importantly, every time we import goods, every time we export our fine products (think jobs) we will do so with a climate tax skimming off the top."

European countries would evade much of the tax burden, however, because "transactions within the Eurozone won't have to pay this new tax."

CFACT suggests that Obama is open to implementing this tax and similar policies in the absence of a full climate treaty, which would require congressional approval.  "We have learned that while many have discounted this conference, knowing that a full climate treaty is difficult to achieve especially with a U.S. Senate that will not vote to ratify," CFACT says. "Obama and his fellow climate travelers are working around the Senate and planning to stick America with the bill."

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Veteran Advisor

Re: Obama, the UN and climate change tax.

If one were to cross the ocean in a rowboat, and thus use no fossil fuels, would they be exempt from the taxes?


If one flies on a jet, that uses much more fuel per trip than a ship, do they pay more tax, than the guy on the ship?


It seems to me, to be just another way to grub money out of people, than it is to actually cut carbon emissions.


I wonder how they are going to collect from China, or will they just exempt the world's biggest polluter?