News Item: Copenhagen Pork
(Category: Misc)
Posted by Admin
Friday 18 December 2009 - 22:11:46

There isn't much teeth in the agreement to lower CO2 levels that came out of the Copenhagen summit, that's a good thing. So what's all the fuss about? Follow the money.
No Longer Supported

Obama called Copenhagen an “Unprecedented Breakthrough”. Hardly. The accord, thankfully, sets no limits on CO2 emissions and really doesn't require any countries to do anything (other than look bad for not meeting self imposed goals). Except to pay poor 3rd world countries.

"The pact calls on developed nations to provide $30 billion to help developing nations deal with the effects of climate change from 2010 to 2012. By 2020, the text says rich nations "set a goal of mobilizing jointly $100 billion a year" for poor nations." - The Wall Street Journal

$100 Billion per year! Who do you think will end up paying most of that? The U.S. of course.

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