The information comes from the Committee for a Constructive Tomorrow (CFACT), a group known to be skeptical of the UN position on global warming which has been observing the goings on at the latest UN meeting.
Negotiators at the conference are considering "a new tax on every foreign currency transaction in the world. Every time you travel abroad, you'll have to pay a climate tax," explains CFACT, the group that released the "Climategate" emails. "More importantly, every time we import goods, every time we export our fine products (think jobs) we will do so with a climate tax skimming off the top."Conveniently European countries would escape much of the tax burden, as "transactions within the Eurozone won't have to pay this new tax."
Obama is disposed to implementing this kind of tax in lieu of a full climate treaty, which would require congressional approval.
"We have learned that while many have discounted this conference, knowing that a full climate treaty is difficult to achieve especially with a U.S. Senate that will not vote to ratify. Obama and his fellow climate travelers are working around the Senate and planning to stick America with the bill."Perfect.