Leaked G20 Documents Shed Light on Global Carbon Tax

James Corbett
The Corbett Report
November 15, 2009

G20 finance ministers pose for mug shots.

As The Corbett Reportreported yesterday, veteran Bilderberg researcher Daniel Estulin has obtained documents from inside last week’s G20 Finance Minister’s meeting in St. Andrews, Scotland. The documents—including attendee lists, drafts of the conference’s communique and handwritten notes with deatils about who said what during deliberations—were snuck out of the conference by Estulin’s sources despite security measures which were high “even by Bilderberg standards.” The documents can be viewed atBilderbergBook.com and have been  mirrored here in PDF format.

Listen to The Corbett Report’s exclusive interview with Estulin about these documents by downloading the mp3 or listen in the player below:

In addition to the expansion of the African Union and the population reduction goals that Estulin has identified as key G20 talking points, the documents also shed light on how the financial oligarchs hope to establish a global fund of “predictable public finance” to fight the phoney global warming problem. Startlingly, the draft document admits that the fund could be administered by “an existing international financial institution.” Although this potentially explosive language was removed from the bland, politically palatable final version of the G20 communique, attendee notes indicate the nature and operation of this fund was a key discussion point during the conference.

Although the paragraph on climate change in the final version of the document seems like an afterthought, inserted as the last point before the summation, the draft communique indicates it was in fact one of the highest priorities, originally coming right after the opening preamble. The final version has also exorcised all but the most mealy-mouthed political language.

Compare this sentence in the final version: “Public finance can leverage significant private investment” to the original: “Substantial additional and predictable public finance from developed countries is essential, and should serve as a foundation for private finance, carbon markets and domestic public resources of developing countries to contribute to climate action. Public finance can also leverage significant private investment.”

Perhaps the most egregious language in the draft document comes from the final sentences of the climate change paragraph, also replaced by bland platitudes in the final communique:The draft text opens the kimono on the financier’s plan to establish a process for systematic wealth transfer from developed countries not to aid developing countries (who will also contributing “domestic public resources” to fight the non-existent carbon dioxide scare) but to help prop up private financiers and carbon markets. This “public finance” will of course be raised by the developed nations through taxation, thus amounting to an indirect carbon tax on the population of the developed world.

“…serious consideration should be given to the creation of a new fund, as a complement to existing mechanisms, to support projects, programmes and policies, possibly with multiple windows, to support adaptation and mitigation, technology cooperation and capacity building in developing countries. It should have balanced representation and operate under the policy guidance of, and be accountable to, the Conference of the Parties, with its operation possibly entrusted to an existing international financial institution.”

In other words, the carbon tax revenue deposited in this new wealth transfer fund will be given directly to the very institutions that have been shown as a tool of Anglo-American imperialist hegemony againand again and again.

Ultimately, the G20 defers the decision on what type of carbon tax/wealth transfer mechanism to set up to the UNFCCC, the similarly unelected and unaccountable United Nations Framework Convention on Climate Change that will be meeting in Copenhagen next month. Although it is clear the UNFCCC is fully on board with the global carbon tax scheme, the controlled corporate media is now reporting that the Copenhagen summit is unlikely to finalize a broad international treaty. Once again, however, the smuggled G20 documents again say otherwise.

One attendee’s handwritten note under the heading “US-Geithner” reads: “President optimistic have basic elements in place in US in next year.” Another, under the heading “Address issues ahead of Copenhagen – Wayne Swan” reads: “More agreement than think. Need find public way of communicating.” Perhaps such self-consciousness about the deep unpopularity of the proposed bankster carbon tax explains why the more controversial elements of the draft communique were removed.