Saturday, October 30, 2010

The New Global Scam

With the wheels falling off the Global Warming bus the U.N. is busy developing a new scheme to part wealthy countries from their money.  While AGW (man caused global warming) appeared to encompass almost every activity and industry in the world it will be small change when compared to the new threat-BIODIVERSITY.
Here are a few sentences from the U.N.'s The Economics of Ecosystems and Biodiversity (TEEB) report:
"Nagoya, Japan, 20 October 2010 The economic importance of the world's natural assets is now firmly on the political radar as a result of an international assessment showcasing the enormous economic value of forests, freshwater, soils and coral reefs, as well as the social and economic costs of their loss, was the conclusion of The Economics of Ecosystems and Biodiversity (TEEB) report launched today by TEEB study leader, Pavan Sukhdev."

"TEEB has documented not only the multi-trillion dollar importance to the global economy of the natural world, but the kinds of policy-shifts and smart market mechanisms that can embed fresh thinking in a world beset by a rising raft of multiple challenges."

"The time for ignoring biodiversity and persisting with conventional thinking regarding wealth creation and development is over. We must get on to the path towards a green economy,"

For example, the Japanese city of Nagoya (host to the COP-10 meeting), has implemented a new system of tradeable development rights whereby developers wishing to exceed existing limits on high-rise buildings can offset their impacts by buying and conserving areas of Japan's traditional agricultural landscape...

It appears to me that this will become Carbon Cap and Trade on steroids.

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