British taxpayers to pay £1 billion a year to

[chemical-licker]

British taxpayers to pay £1 billion a year to help poor countries fight global warming in new deal backed by Brown

British taxpayers will have to fork out at least £1 billion a year to help poor countries cope with global warming, under an international deal being backed by Gordon Brown.

The cash – raised from a slew of new taxes and higher fuel bills – will also help developing countries in Asia, South America and Africa build wind farms and solar power plants.

The fund is a key part of this week’s climate talks in Copenhagen and is seen by developing nations as a deal maker.

Read more: http://www.dailymail.co.uk/news/article-1234598/British-taxpayers-pay-1-billion-year-help-poor-countries-fight-global-warming-new-deal-backed-Brown.html#ixzz0ZEW88eTP

Is this some sort of sick joke?

[Admiral Danger]

well... there goes the government's plans to try save money to pay off the debt...

[Bill Hill]

Is this some sort of sick joke?

nah it's about creating a level playing field... strokes beard

level playing field...

Our only saving grace is the human race is ****ed anyway...

[Admiral Danger]

Our only saving grace is the human race is ****ed anyway...

moral of the story is, dont have children

[MARAB0D]

But the same time the taxpayers would get cheaper petrol...

[The Silver Thong]

But the same time the taxpayers would get cheaper petrol...

You mean if prices stay the same for 20 yrs and the oil companies don't artificially raise the prices over and over again. Petrol will never get cheaper imo. Even when the price per barrel comes down the reflection at the pump is minimal to none in some cases.

[questionmark]

You mean if prices stay the same for 20 yrs and the oil companies don't artificially raise the prices over and over again. Petrol will never get cheaper imo. Even when the price per barrel comes down the reflection at the pump is minimal to none in some cases.

If the oi price goes down today it is for February delivery. That is the soonest you would notice it at the pump.

[Admiral Danger]

But the same time the taxpayers would get cheaper petrol...

if the price of petrol fell like the stock market did, there would be barrels of it outside everyone's house

[+DieChecker]

The cash – raised from a slew of new taxes and higher fuel bills – will also help developing countries in Asia, South America and Africa build wind farms and solar power plants.

The British Political Elite probably believe this is very Robin Hood, take from the rich and give to the poor.

Apparently they can not give money away fast enough so they are handing it out to poor, corrupt countries that will spend it on villas for their Dictators. Seriously what is the percentage of poor countries that create a global warming problem?

[MARAB0D]

if the price of petrol fell like the stock market did, there would be barrels of it outside everyone's house

Oil is only linked to stock market when it is traded for speculative purposes. The real price is determined by supply and demand, as well as the reserve the countries have. The buyers of it cannot stop buying - but the sellers cannot stop selling, as otherwise they would have to shut down the wells, and then it costs a fortune to restart them again.

If the carbon emission restrictions are introduced, the demand must fall, same as the price - so OPEC is already negotiating the compensation! In longer term with the oil coming to an end, the Copenhagen plan would maintain the price at approximately the same level despite the reduction in production of it. Without this Copenhagen the price would grow at least in reverse proportion to the reduction. As soon as we live in the club of the countries which are wealthier and stronger than others, it makes sense for us to try helping them with alternative technologies and pay for this, then suffer uncertainty on the oil market.

[Professor Buzzkill]

If the carbon emission restrictions are introduced, the demand must fall, same as the price - so OPEC is already negotiating the compensation! In longer term with the oil coming to an end, the Copenhagen plan would maintain the price at approximately the same level despite the reduction in production of it. Without this Copenhagen the price would grow at least in reverse proportion to the reduction. As soon as we live in the club of the countries which are wealthier and stronger than others, it makes sense for us to try helping them with alternative technologies and pay for this, then suffer uncertainty on the oil market.

But the drop in oil prices (if there isn't a stockpiling and manipulation of the market by reducing supply, much like we do with milk powder and butter here in nz) will be negated by the increase of taxes

[MARAB0D]

But the drop in oil prices (if there isn't a stockpiling and manipulation of the market by reducing supply, much like we do with milk powder and butter here in nz) will be negated by the increase of taxes

This remains to be seen yet! This is a Consumer society! This means this Consumer MUST have money to do the shopping, otherwise the industries would die, the taxes would die and the government would die. There is no such government which can take ALL money the people earn - because this first of all would kill this government, leaving it without a cent in the next year. And then what? We pay taxes only as soon as we have the wages. Would you yourself work for free? Maybe you personally would, but this does not work statistically.

[MARAB0D]

On the other note - how many taxpayers UK has? 40 millions? This makes it 25 pounds a year of new tax, 50 new pence per week! I bet sending a couple of cigarette packets a year to the poor won't set anyone broke. Of course there can be an uprising in Scotland

[Black Red Devil]

British taxpayers to pay £1 billion a year to help poor countries fight global warming in new deal backed by Brown

British taxpayers will have to fork out at least £1 billion a year to help poor countries cope with global warming, under an international deal being backed by Gordon Brown.

The cash – raised from a slew of new taxes and higher fuel bills – will also help developing countries in Asia, South America and Africa build wind farms and solar power plants.

The fund is a key part of this week's climate talks in Copenhagen and is seen by developing nations as a deal maker.

Read more: http://www.dailymail...l#ixzz0ZEW88eTP

Is this some sort of sick joke?

If its done with an intent to assist poorer countries from hypothesized catastrophic events caused by GW, i.e. improve irrigation, combat rising sea levels and develop their economy without causing pollution and excessive CO2 levels , then its a valuable cause. From what I gather most taxes will be forced upon power companies anyway. As Marabod said, once you break up the billion its probably less than charity contributions.

Edited December 10, 2009 by BlackRedLittleDevil

[Bill Hill]

As a british taxpayer I don't mind paying a little extra, so some third world dictators can exploit their people more..

Where's the downside? Is there one?

We're a global community now... group hug......

[Admiral Danger]

As a british taxpayer I don't mind paying a little extra, so some third world dictators can exploit their people more..

Where's the downside? Is there one?

We're a global community now... group hug......

im gonna be sick

[Bill Hill]

im gonna be sick

Yes... got him..

[Admiral Danger]

Yes... got him..

if there were more children reading your posts, i would swear that your a paedo

[chemical-licker]

if there were more children reading your posts, i would swear that your a paedo

yeah bill hill a paedo in speedo's

[Admiral Danger]

yeah bill hill a paedo in speedo's

and that's not all we know about you bill

we all know about your night job as manager of mcdonalds and we know that by day you sell mcflurry's in your ice cream van parked outside mcdonalds, in the car park

[chemical-licker]

and that's not all we know about you bill

we all know about your night job as manager of mcdonalds and we know that by day you sell mcflurry's in your ice cream van parked outside mcdonalds, in the car park

I think I might of got a mcflurry from bill hill the guy was just wearing pants serving them. was it the bill hill?

[Bill Hill]

if there were more children reading your posts, i would swear that your a paedo

well technically that would make me a GAY paedo..

lol, on this board that's dangerous territory...

Look everybody, Dr Alien comparing Gays with peados... oh no...

yeah bill hill a paedo in speedo's

I told you, the 'S' fell off....

[Caesar]

I'm so happy that the British taxpayers don't mind paying into this nonsense. I guess so much has changed from a year ago when the IMF was ready to help out Britain Source

[Black Red Devil]

As a british taxpayer I don't mind paying a little extra, so some third world dictators can exploit their people more..

Where's the downside? Is there one?

We're a global community now... group hug......

Like it or not, we're all living on the same rock but you are correct, what if your hard earned money ended up in the hands of a dictator rather than developing the country?

Nah, its better your money goes to your Queen which is costing British taxpayers something like £150 million a year and for what?, or even better, £1 billion a year in British taxpayers money to subsidise the deployment of British troops in Iraq.

Very wise!

[chemical-licker]

I told you, the 'S' fell off....

revealing a peedo, must happen alot^_^

Edited December 10, 2009 by chemical-licker