Divisions between the advanced countries and the Third World developing countries at the Copenhagen Climate Summit are revealing an underlying agenda to redistribute wealth globally that gives impetus for the United Nations goal to impose a cap-and-trade tax on the United States and Europe, for the benefit of China, India and the rest of the developed world.
“Save the planet, scrap capitalism,” a protester in Copenhagen at a socialist and communist protest, highlighted by red communist flags displaying the hammer and sickle of the former Soviet Union, told a reporter from the Committee for a Constructive Tomorrow, or CFACT.
The U.N. Climate Summit in Copenhagen this week increasingly appeared to be on the verge of collapsing as the United States engaged in increasingly bitter exchanges with China and India, while the African Nations walked out.
The crux of the issue is that the developing world, led by China and India, want the developed world, led by the United States and Europe, to pay to developing nations hundreds of billions of dollars in what amount to reparations for emitting carbon.
Meanwhile, China has overtaken the United States as the world’s largest producer of carbon dioxide, while China’s foreign-exchange reserves grew to $2.27 trillion at the end of September, a dramatic 700 percent increase in the last five years, largely as a result of the U.S. large and growing negative balance of trade with China.
To fully comprehend the extent of disregard China, in its push to produce cheap goods, has for the environment, view a series of shocking photographs of Chinese pollution taken by Lu Guang from the People’s Republic of China, the winner of the 2009 W. Eugene Smith Grant in Humanistic Photography for his documentary project “Pollution in China.”
Basically, the United Nations and leftist-oriented climate alarmists want to produce a two-tier global carbon-tax system in which manufacturing will be punished for remaining in the United States and the European Union and rewarded for relocating to an emerging economy such as China or India.
Jerome Corsi’s latest blockbuster reveals globalists’ plan to put U.S. on the chopping block — “America for Sale: Fighting the New World Order, Surviving a Global Depression, and Preserving USA Sovereignty”
Christopher Booker, the author of “The Real Global Warming Disaster,” estimates that carbon permits traded in global exchanges such as the European Union Greenhouse Gas Emission Trading System, or EU-ETS, now worth an estimated $126 billion, will soon be valued in the trillions, “making carbon the most valuable traded commodity in the world,” outpacing even oil.
“Forget Big Oil: The new world power is Big Carbon,” writes Booker. “Truly it has been a miracle of our time that they have managed to transform carbon dioxide, a gas upon which all life on earth depends, into a ‘pollutant,’ worth more than diamonds, let alone oil.”
WND has reported that Corus Redcar, a steelmaker owned by India’s multinational conglomerate TATA Group and located in Great Britain, engaged in what amounted to an extortion scheme perpetrated in conjunction with its trade group associate Eurofer, when EU-ETS awarded Corus Redcar hundreds of millions of dollars of carbon permits at no cost simply because the company had threatened to move to India.
Subsequently, Corus Redcar decided to close down operations in Great Britain, with the loss of 1,700 British jobs, to relocate in India, where the company planned to gain additional hundreds of millions of dollars from the U.N.’s Clean Development Mechanism.
In the process, the TATA Group could plan to significantly reduce labor and resource costs.
The scheme works as long as China and India keep out of any legally binding governmental commitments to the U.N. that would require either nation to impose a U.N. cap-and-trade scheme over their own economies.
India has played the game by advancing multi-millionaire industrial engineer Rajendra Pachauri to be chair of the U.N. Intergovernmental Panel on Climate Change, or IPCC, the international group most responsible for pushing global-warming hysteria, despite the questionable nature of the underlying science, as revealed by the Climategate e-mails obtained from the Climate Research Unit at the University of East Anglia.
Yet, the Financial Times reported in July that “India rejected key scientific findings on global warming,” quoting Jairam Ramesh, the Indian environment minister, who accused the developed world of needlessly raising alarm over melting Himalayan glaciers.
“We have to get out of the preconceived notion, which is based on Western media, and invest our scientific research and other capacities to study Himalayan atmosphere,” Ramesh said, dismissing scientists’ predictions that the Himalayan glaciers might disappear within 40 years as a result of global warming.
Ramesh made clear that New Delhi was formally rejecting imposing any target cuts upon India, ruling out both the absolute increase of carbon emissions as well as curbs in the rate of growth.
How convenient this positioning is for India.
WND has documented how Pachauri has used the U.N. position to enrich himself.
Meanwhile, the Indian government is free to dispute global-warming science, a strategic positioning that permits India to appear supportive of the green agenda on one hand, while refusing to impose any U.N. cap-and-trade tax on the Indian economy on the other hand.
Finally, India invites refugee manufacturers to leave the onerous cap-and-trade scheme of the EU to pick up U.N. carbon credits by relocating to India.
In the United States, the Obama administration continues to support the passage of cap-and-trade, a result that would place the U.S. economy under the same tax burden the ETS creates for the EU.
If Obama is unsuccessful at committing the U.S. to a political goal of reducing U.S. carbon emissions, there is always the back door.
The Environmental Protection Agency has already declared carbon dioxide an endangerment chemical under the definitions of the 1990 Clean Air Act, giving the Obama administration the ability to regulate carbon dioxide emissions even if the Senate fails to pass the administration’s proposed cap-and trade legislation.
Anyone having doubts that the carbon agenda is merely the international component of President Obama’s redistribution-of-wealth plan is invited to review the CFACT video of the communist flags seen this week in the Copenhagen protests.
If health-care reform ends up transferring wealth within the U.S. from the “haves” to the “have-nots,” the Obama administration carbon emissions schemes will end up transferring U.S. wealth internationally to the Third World.
In the final analysis, the call to save the planet from global warming is nothing more than a newly calculated ruse by the political left to use questionable science and climate hysteria to move the world toward socialism, a goal communism was never able to accomplish by revolution.