UN’s $100 Billion Climate-Change [Hoax] Initiative Seen to Need Private Funding - Bloomberg

A fund to help channel $100 billion in climate-change aid annually to developing nations should encourage private financing instead of counting mostly on money from cash-strapped industrialized countries, Bloomberg New Energy Finance said.

An international panel is working to create an endowment depending primarily on donations from governments, which is “a recipe for failure,” Michael Liebreich chief executive officer of New Energy Finance, said in a report today. The committee is scheduled to finish before a meeting of UN climate negotiators set for November in Durban, South Africa.
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Last year, a UN panel with members such as billionaire George Soros, chairman and founder of Soros Fund Management LLC in New York, and and Larry Summers, former director of U.S. President Barack Obama’s National Economic Council, said it would be “challenging but feasible” to raise at least $65 billion by taxing foreign-exchange transactions and auctioning pollution permits.

Nations won’t participate in such proposals, Liebreich said in the report. “There is simply no point in advocating global taxes on shipping, aviation and financial transactions, and/or a global carbon price, where there is zero chance of these being adopted in the current political cycle -- possibly ever,” he said.

William S. Becker: Can We Handle Nature's New Norm? Part 1

As I'll explain in Parts 2 and 3, reducing our climate risks will require some profound changes in the way we think and do business. The willingness to lead and facilitate those changes ought to be a perquisite for public office today. Indeed, the 2012 election season should go down in history as the Great Climate Campaign. Anything less will literally invite disaster.

Labor MP Anthony Albanese attacked by anti-carbon tax protesters | Herald Sun

FEDERALl Transport Minister Anthony Albanese has been grabbed and abused by anti-carbon tax protesters who marched to his inner Sydney electorate office calling him a "loser" and a "maggot".

Hundreds marched through Marrickville in Mr Albanese's electorate, riled by his jibe in August that the Convoy of No Confidence, the anti-carbon tax protest by truck drivers outside Parliament House in Canberra, was really a "convoy of no consequence".

Protest organiser Jacques Laxale said about 500 people had gathered to demand to know why they were of no consequence.

"Basically the carbon tax has nothing to do with the climate. The tax is not going to change the climate," Mr Laxale said.

"If they want extra money, come out and say, 'We need more money' and don't put it under the umbrella of a carbon tax."