Wednesday, November 05, 2008

Global Warming Campaign Could Melt Support For Monaco Prince
But there is a danger that by championing the environmental cause that Prince Albert could turn off his people before he turns off the warming of the planet.

'Monaco is home to the world's wealthy', say the travel guide, 'And it's a place of fun. The Monaco Grand Prix, the casino and the fact that it's the most sought after tax haven in Europe might not sit comfortably with heavy politics. Happily the environment is an issue that has moved from the fringe to mainstream, and is something that nearly everyone is concerned about. Luckily for Prince Albert he has identified himself with an issue that is just as important to the tax exiles and business people who bring their money to Monaco as it is to everyone else. In the past Prince Charles has been slightly ridiculed with his views on the environment and organic farming, but now with hindsight a lot of people think he was ahead of his time.'

Referring to Monaco's tax haven status YourMonaco.com add 'Prince Albert needs to be careful not to kill the goose that lays the golden egg. Monaco is to start asking businesses in strict confidentiality for finance figures so Monaco can do more at the United Nations and on environmental issues. If he looks down from his palace and sees the wealth surrounding him he might be tempted to tap into it for environmental causes as he believes in it in such a genuine and sincere way. There have been press reports of some of his staff leaving, and if true it can only be hoped that it wasn't over fiscal matters. From the European royal families on environment issues we would view Charles as the king, and hopefully Albert will be the prince!'.

1 comment:

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