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Giving away our money

Posted by Richard Friday, October 30, 2009

Gordon Brown declared a "breakthrough" in climate change talks as EU "leaders" named the price of tackling carbon emissions. Subject to formal endorsement in presidency conclusions being prepared in Brussels, "Europe" has agreed to make a conditional offer to the rest of the world at global environment negotiations in Copenhagen in December.

This is according to The Independent which tells us that Merkel wanted to keep the exact cost out of the package, but the final text puts the cost at €100 billion a year (£89.6bn). The EU's combined share would be between €7-10bn (£6.2bn - £8.96bn) a year by 2020. The UK share works out at about £1bn a year by 2020.

So there you are ... Mr Brown goes to Brussels and gets the "colleagues" to agree to lifting £1 billion a year out of our pockets, to give to "impoverished" countries like India, presumably so that it can maintain its standing army of 1.4 million, keep funding its space programme (including its £1.6bn manned spaceflight programme) and buy its next aircraft carrier.

No doubt there will be enough change left over to buy a new fleet of Mercedes for African despots, and a batch of Kalashnikovs for the peace-loving Palestinians. We now await a climate change policy from the Taliban.

No wonder Brown is looking so pleased with himself.

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