At COP29, Officials Want To ‘Trump-Proof’ Their Green Funding With Global Climate Tax
By Marc Morano
November 24, 2024
8:08 am
By Nick Pope
Foreign government officials attending the ongoing U.N. climate change summit are advocating for de facto global climate taxes to fund green energy development in poor countries ahead of President-elect Donald Trump’s return to the White House, according to Financial Times. [emphasis, links added]
Officials from countries including France, Spain, and Kenya are pushing to plan so-called “solidarity levies” on various industries at this year’s conference so that a more developed version of the scheme can be presented at next year’s get-together in Brazil, FT reported.
The idea is to settle on a plan that would raise $100 billion or more annually to fund climate-related efforts in developing countries by imposing de facto taxes on the shipping and aviation industries, and possibly other sectors as well.
https://www.climatedepot.com/2024/11/24/at-cop29-officials-want-to-trump-proof-their-green-funding-with-global-climate-tax/
