How will the $100 Billion for the Green Climate Fund be Financed?

Categories: Energy & Environment, News - Tags: climate change

Developed countries have promised to commit $100 billion a year to the new Green Climate Fund starting in 2020, first at the COP 15 (15th Conference of the Parties) in Copenhagen, and then at the COP 16 in Cancun. However, there is still no answer to a critical question: How will these commitments be financed? Although there are some recycled ideas, like a Financial Transaction Tax, revenues from CO2 emission trading, or airline taxes, these ideas still require a redistribution of existing funds or expected cash flows. Every dollar obtained for the new Green Climate Fund must be withdrawn from the banking system, the CO2-related industry, or a public budget. It is likely that the resistance and lobbying against such a redistribution will be strong enough to block the implementation of the original pledges. Thus, what we need is a new and global financial source able to generate at least $100 billion a year, without the imperative of redistributing existing funds.

Free Energy 400 Billion Dollar Secret

Categories: Energy & Environment, News - Tags: videos

Not a cost effective solution here,Search Jean pain composting” to learn how you can do this in your own back yard. Stanley Meyers easy to build Tubes also abiotic oil and Fischer–Tropsch process.

It cost the United States 400 billion dollars to import oil “last year”, seems a well rounded number given the barrels of oil imported and the 2007 price of oil.
It has consistently, for many years, been the stated goal of the United States to reduce or eliminate its dependence on foreign oil, therefore, if any alternative energy source seems capable of achieving that goal, it should be pursued with the utmost vigor. We have here in the United States the only method known to man which can take any non-nuclear material containing carbon,and using this process, deliver a diesel quality fuel oil in two short hours! Despite the promise inherent in this system to not only alleviate our dependence on foreign oil, but to do so while contributing to a major degree in cleaning the environment