Climate and Its Uses

Climate and Its Uses

From Steven Hayward, an American Enterprise Institute fellow, at PowerLine:

The German newspaper Neue Zurcher Zeitung observed shortly before the Cancun summit last year: “The next world climate summit in Cancun is actually an economy summit during which the distribution of the world’s resources will be negotiated.” What prompted this conclusion was a candid admission from a UN official closely involved with the climate negotiations, German economist Ottmar Edenhoffer: “But one must say clearly that we redistribute de facto the world’s wealth by climate policy. Obviously, the owners of coal and oil will not be enthusiastic about this. One has to free oneself from the illusion that international climate policy is environmental policy. This has almost nothing to do with environmental policy anymore.”
Mr. Hayward was quoting from his lengthier testimony to Congress here.

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