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The complete realisation of the climate change agenda is contingent on the implementation of international carbon levies on the entire global population, Mohammed Al-Jadaan, finance minister of Saudi Arabia, stated at this week’s World Economic Forum meeting.
Al-Jadaan argued on Friday during a panel discussion on the “Global Economic Outlook” at the annual WEF meeting in the Swiss ski resort town of Davos that a global carbon tax will be necessary to resolve the alleged climate crisis.
The Saudi politician stated, “There is no feasible approach to addressing the climate transition that does not entail a globally coordinated framework of carbon taxes.”
Contrary to the belief that such a system would disproportionately affect developing and impoverished nations by impeding industrial development and inciting inflation, Al-Jadaan argued that in the absence of international intervention to avert climate change, these countries will be confronted with even more dire consequences.
“It is perceived as unjust and unfair, and it is anticipated that this will result in inflation.” Quite the contrary, in fact. In the absence of this action, developing nations will inevitably bear the brunt of the consequences. “They will be the most severely impacted by climate change,” he predicted.
“In order to enable the developing world to continue expanding, we require a system of carbon taxes in conjunction with subsidies for developing households and a steady flow of funds that will permit them to engage in investments, adaptation, and mitigation measures.” “That indeed is a tremendous opportunity,” Al-Jadaan continued.
He concluded, “It is the only realistic and fair solution, and we cannot continue to avoid it.”
In circles of globalism, the concept of imposing an international tax on emissions has been gathering traction. For instance, during the COP28 climate summit of the United Nations in Dubai last month, the presidents of France and Kenya, Emmanuel Macron and William Ruto, respectively, advocated for the implementation of a worldwide carbon tax system within the following two years.
Such a system, according to the two leaders, would initially target international financial transactions before expanding to include air and sea transport. Developing nations, including those in Africa, would receive the tax revenue in an effort to alleviate the purported consequences of climate change.
Macron stated, “If we want a tangible outcome, it is essential that we raise additional funds to finance our fight against inequality and for the environment.”
European Commission President Ursula von der Leyen supported Macron’s proposal, stating in her COP28 address that “More is required… to achieve the objectives of the globalist green agenda.” The amount must increase from billions to trillions.”
The EU president additionally advocated for the amplification of carbon pricing, a fundamental element of the European Green Deal that imposes duties on emissions in order to compel organisations to reduce their carbon imprint. According to the German politician, the European Union has collected 175 billion euros in taxes from private corporations over the last two decades in order to fund ecological policies.
This year’s WEF meeting in Davos witnessed demands for the International Criminal Court to recognise “ecocide” as a crime and punish those allegedly culpable of environmental damage—possibly including fishermen and farmers—alongside war criminals at The Hague, in addition to calls for an international carbon tax system.