- Infowars - http://www.infowars.com -
Bank to suggest CO2 levy on jet, shipping fuel
Posted By Matt Ryan On June 5, 2011 @ 2:33 pm In Economic Crisis,Old Infowars Posts Style | Comments Disabled
June 5, 2011
BONN, Germany, June 5 (Reuters) – The World Bank will suggest a global levy on jet and shipping fuel in recommendations to G20 governments later this year on raising climate finance, a senior official said on Sunday.
Developed countries have already written off chances of agreement on a new binding deal at a U.N. conference in Durban this year, placing a new focus on piecemeal efforts including fund-raising.
Binding targets under the Kyoto Protocol cap the greenhouse gas emissions of nearly 40 industrialised countries but expire in 2012 and now look unlikely to be extended in time.
Article printed from Infowars: http://www.infowars.com
URL to article: http://www.infowars.com/bank-to-suggest-co2-levy-on-jet-shipping-fuel/
Copyright © 2015 Infowars. All rights reserved.