« Ted Kennedy Memorial Revealed | Main | Make Money, Bury It »

Cash for Carbon

Tens of billions of pounds will have to be raised through flight taxes to compensate developing countries for the damage air travel does to the environment, according to the Government’s advisory body on climate change...the revenue generated should be given to developing countries to help them to adapt to climate change — for example, by building flood defences to cope with rising sea levels.
In a letter to the Government published today, the committee says that an increase in global temperatures is inevitable and that developed countries must pay for the consequences.

Seems a bit arse about face to me, they are suggesting we mulct billions and pour it into Africa because we know we are causing damage to other people's property. Fair enough, if we are damaging some one else's property we should pay up. But I don't go thrusting tenners under window wipers in carparks in case I crash into the cars later, I require them to make a claim and prove I caused the damage. Same for this I suggest.


Who is on this committee? Lord Robert May, Lord Adair Turner, (look what he did for pensions), Sir Brian Hoskins, IPCC and Grantham Institute, Grubb from the Carbon Trust, Fankhauser, Grantham Institute. (Also on the sub committee to advise the government on mitigation measures, along with Martin Parry, IPCC and Grantham Institute)

Grantham Institute set up with £12M by US billionaire Jeremy Grantham, chairman Lord Stern.

Lots of Lords involved with all these things don't ya think...

Post a comment