Friday, November 7, 2008

Tax polluters for global warming funds: U.N. official

BEIJING (Reuters) - Nov 6, 2008 - The global financial gloom will make citizens of rich nations reluctant to use their taxes to fight global warming and any plan to help poor nations should make the polluters pay, a top U.N. climate official said.

His warning cast doubt on a Chinese proposal to ask the world's rich nations to devote up to 1 percent of their total economic worth to pay for cleaner expansion in the poor world.
"It is undeniable that the financial crisis will have an impact on the climate change negotiations," said Yvo de Boer, who heads the U.N. Climate Change Secretariat. More >>>