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COP28 Craziness: EU Chief Demands ‘Trillions’ for Green Agenda at U.N. Climate Summit

 

The European Union appears undeterred by years of calamitous climate policies, with EU Commission Chief Ursula von der Leyen demanding new taxes and other schemes to take green agenda investment into the “trillions”.

 

Leaders from around the world descended (many of whom on private jets) upon the oil-rich Arabian nation of Dubai for the 28th instalment of the United Nation’s top annual climate summit, in which politicians demand that ordinary citizens bankroll their lofty visions of a so-called green future.

 

Despite people suffering across Europe under an energy crisis as a result of the war in Ukraine and the years of dumping money into dubious ‘renewable’ energy sources, EU Chief Ursula von der Leyen’s takeaway was to double down on the very same policies that precipitated Europe’s precarious energy situation.

 

“More is needed,” the German politician urged, proclaiming: “We have to move from billions to trillions.”

 

The EU leader admitted that to accomplish such a goal, Brussels will need to “find new sources of revenue”. To do so, von der Leyen said that she “fully supports” the plan proposed by Kenyan President William Ruto and French President Emmanuel Macron to impose a global green tax targeting financial transactions to “raise more money for climate action.”

 

In addition, von der Leyen called for increased efforts to expand “green bonds” to “facilitate the flow of private capital in green projects,” particularly for developing nations. She said that last year, the European Union contributed nearly 30 billion dollars in climate finance to developing countries.

 

The EU chief also said that there needs to be an expansion of carbon pricing, a central feature of the European Green Deal that imposes taxes on emissions to incentivise businesses to lower their so-called carbon footprint. She said that in the two decades of carbon pricing, the EU has taken in 175 billion euros in revenues from companies, which was then directed to climate change projects.

 

 

 

Read More Here:    Breitbart

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