Hey, Let’s Let the United Nations Ru(i)n our Economy!

by Stephan Tawney on March 27, 2009

Fox News has obtained UN documents regarding the Copenhagen Accord, an international global warming agreement the Obama Administration has signaled support for. One particularly alarming vision from the document is the placement of industries, taxes, and other items under the control of the United Nations.

A United Nations document on “climate change” that will be distributed to a major environmental conclave next week envisions a huge reordering of the world economy, likely involving trillions of dollars in wealth transfer, millions of job losses and gains, new taxes, industrial relocations, new tariffs and subsidies, and complicated payments for greenhouse gas abatement schemes and carbon taxes — all under the supervision of the world body. …

Among the tools that are considered are the cap-and-trade system for controlling carbon emissions that has been espoused by the Obama administration; “carbon taxes” on imported fuels and energy-intensive goods and industries, including airline transportation; and lower subsidies for those same goods, as well as new or higher subsidies for goods that are considered “environmentally sound.”

Other tools are referred to only vaguely, including “energy policy reform,” which the report indicates could affect “large-scale transportation infrastructure such as roads, rail and airports.” When it comes to the results of such reform, the note says only that it could have “positive consequences for alternative transportation providers and producers of alternative fuels.”

In the same bland manner, the note informs negotiators without going into details that cap-and-trade schemes “may induce some industrial relocation” to “less regulated host countries.” Cap-and-trade functions by creating decreasing numbers of pollution-emission permits to be traded by industrial users, and thus pay more for each unit of carbon-based pollution, a market-driven system that aims to drive manufacturers toward less polluting technologies.

The note adds only that industrial relocation “would involve negative consequences for the implementing country, which loses employment and investment.” But at the same time it “would involve indeterminate consequences for the countries that would host the relocated industries.”

There are also entirely new kinds of tariffs and trade protectionist barriers such as those termed in the note as “border carbon adjustment”— which, the note says, can impose “a levy on imported goods equal to that which would have been imposed had they been produced domestically” under more strict environmental regimes.

I want to see Obama even try to agree to this garbage. Let’s find out how Americans react to the President of the United States handing over our sovereignty to the United Nations.

The shipment of industries and destruction of jobs? President Obama ran on protecting American jobs from being shipped overseas. The UN wants to establish trade barriers in the middle of a massive global recession? They’re insane. It’s like Smoot-Hawley gone global. Speaking of the UN, we should allow it to control our economy and taxes? Not only are we supposed to be a sovereign nation, but the United Nations can’t manage its way out of a paper bag.

The Founding Fathers would slap us 7 ways to Sunday. This move, which the Obama Administration has been giving the green light, would destroy our sovereignty and hand over control of our economy to people who are, believe it or not, more incompetent than Congress. It’s a disaster waiting to happen.

Via Hot Air.



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