Guess who would be paying the lion's share of this "tax"? George Soros has no elected position to be recommending anything. But it seems that Obaama' boy Larry Summers is in the nest.

See the second article from the UN.


Bank Tax, CO2 Auctions Recommended by Soros Panel to Help Climate Efforts

By Alex Morales and Jim Efstathiou Jr. - Nov 5, 2010 11:58 AM Business


At least $65 billion might be raised by taxing foreign-exchange transactions and auctioning pollution permits, a United Nations panel said today in a report recommending ways to finance aid for fighting global warming.

The panel, which includes billionaire investor George Soros and Larry Summers, director of President Barack Obama’s National Economic Council, said selling carbon-emissions permits would generate $38 billion and a financial transactions tax an additional $27 billion, according to the report released today.

The findings are intended to guide envoys at UN climate talks that start this month in Mexico as they seek ways to pay for $100 billion in climate aid that was pledged by 2020 to poor nations at last year’s summit in Copenhagen. The report found that the goal is “challenging but feasibleâ€