The UN Frame-Up Convention on Climate Confabbery in Cancun concluded last week, with an agreement to talk more in South Africa next year about how hopeless it is to write a sequel to the Kyoto Protocol, but at least the food will be good again. Meanwhile delegates in Mexico at least were able to create an unfunded Global Climate Fund, which set up another framework for wealth transfers from developed countries to underdeveloped. Clearly the problem is they have too many frameworkers and no drywallers.
Anyway, over at the National Legal and Policy Center blog, I discuss how big corporations like PepsiCo, Nike and eBay put pressure on the Obama administration to get U.S. taxpayer dollars into the fund. Might happen with the omnibus, as Chris Horner noted here yesterday.
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David W| 12.16.10 @ 2:58PM
Good grief, it seems that these corporations are like the billionaires who want everyone to pay more. How about these big corporations announcing that they will cut their executives salaries in half, cancel all dividends, and donate the saved money and all subsequent profits to this global fund. That way only those who buy their products will be supporting the global redistribution of wealth instead of taxpayers being forced to. But I bet they won't do that (just like the billionaires won't be giving away all of their money before they die or place it in tax exempt trust funds).
Lullabys, Legends and Lies| 12.16.10 @ 5:43PM
So it's going to be in South Africa next year, huh? So after the blizzard last year, and then the lowest recorded temperature in a 100 years (56 degrees) in Cancun this year, why don't we go to a place where absolutely nothing can go wrong next year?
You wanna bet thieves? You see, wherever Al Gore's Global Warming scammers go, God follows them, and then rains on their parade!!