Climate Change Alarm Is A U.N. Extortion Racket

Climate Change Alarm Is A U.N. Extortion Racket

Posted 11/21/13 INVESTOR'S BUSINESS DAILY

Shakedown: Reports out of Warsaw, Poland, say that 132 nations walked out of the United Nations climate conference Wednesday. Are they upset over global warming? No, they just want more money from rich countries.

As the U.N. Conference of the Parties droned on toward the end of its two-week meeting, "representatives of most of the world's poor countries" staged a walkout, the British Guardian said, over a "compensation row."

More specifically, they quit because they felt the rich countries weren't pouring enough money into their treasuries — from where it typically ends up in the hands of a kleptocratic ruling class.

That, of course, is almost entirely what the global warming scare is about: wealth transfer.

The U.N.'s Intergovernmental Panel on Climate Change does not exist to save the planet, foster environmental sustainability or protect man from himself.

The IPCC exists to move wealth from rich countries that earned it through free or almost-free markets to poor nations that can't reach prosperity because their governments are run by socialists, statists and assorted tyrants.

Of course the IPCC exists in part to provide top-dollar jobs, and positions of influence and power for political functionaries and the well-connected who aid them.

But such a group needs a "mission" to justify its being.

The poor countries "served" by the IPCC want the rich nations' dollars purely out of greed. They are abetted by Western officials and political activists who see the global-warming charade as a way to punish prosperous nations for the crime of being wealthy.

Angry that capitalism has brought prosperity, these Westerners want to ensure that the U.S. is no longer an exceptional nation — just one among many stagnant countries that merely get by. They seek an equality among countries through an elaborate scheme fueled by junk science, shrieking alarms and outright fraud.

But one wealthy nation's government actually gets it.

Australia's representatives have treated the U.N. meeting with the irreverence and contempt that it so richly deserves. We wish others, including our own, would act as rationally.