Monday, August 31st, 2009
A government scientific board recommends an international climate bank – big surprise, the UN has already been pushing for this. By putting together a report tailored for Copenhagen, these clmate mandarins are doing nothing but staying on message and laying the foundations for an institution which would do little to curb real environmental problems. In fact, observers such as Energy Probe chief Lawrence Solomon have stated that the current carbon exchange system has done the exact opposite, creating intiatives for Western states to export pollution causing industry to the third world.
Flashback: G8 Summit: Rich nations to pay green tab | Ontario unveils cap-and-trade legislation | Economic stabilization may rely on carbon economy, economist says | Climate panel presses for federal cap-and-trade system | Obama, Gore, tied to Chicago carbon exchange | U.N. ‘Climate Change’ Plan Would Likely Shift Trillions to Form New World Economy | U.N. Environment Head Wants Global Warming Tax | Time to emulate Roosevelt’s New Deal and create green jobs | EU calls for global carbon trading system to fight climate change | Harper ready to harmonize with U.S. on climate change | Harper Govt. to push North American carbon market plan with Obama | B.C. carbon tax kicks in on Canada Day | Every adult in Britain should be forced to carry ‘carbon ration cards’, say MPs | CEOs call for ‘aggressive’ action on climate change
August 31, 2009
A new study by advisers to the German government has revealed that industrialized nations must radically reduce their CO2 emissions if they want to reach the internationally agreed target of limiting global warming to 2 degrees Celsius (3.6 degrees Fahrenheit) above pre-industrial levels. The climatologists are proposing setting up a “world climate bank” to allow countries to trade emission rights.
According to the German Advisory Council on Global Change (WBGU), Germany would have to halve its CO2 output compared to current levels by 2020 and cut emissions to zero by 2030 if it wants to remain on track. “These findings are as surprising as they are shocking,” WBGU executive Hans Joachim Schellnhuber said about the report, prepared ahead of December’s international climate summit in Copenhagen. The German government has up until now been planning much less ambitious cuts.