Wednesday, July 28, 2010

Tiny Tax on Wall Street Trades to Pay for Climate [Hoax]? |
In addition to climate change adaptation, the money raised also would fund investments in global health and an effort to make U.S. child care affordable. [What does US child care affordability have to do with carbon dioxide?] Friends of the Earth is among the advocacy organizations supporting what Stark is calling the Investing In Our Future Act. Other groups on board include ActionAid, Africa Action, RESULTS, Health GAP (Global Access Project) and the Sustainable Energy and Economy Network at the Institute for Policy Studies.
The United Nations Department of Economic and Social Affairs has estimated that non-industrialized countries will need somewhere in the neighborhood of $500 billion annually to mitigate the long-term effects of global warming.

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