“Starting in 2014, the U.N.’s Green Climate Fund, a plan to divert an additional $100 billion per year from the treasuries of developed countries to those of developing nations to help them ‘take action on climate change,’ will commence operation. The heads of the World Bank and the International Monetary Fund are scheduled to take part in a launch ceremony for the GCF headquarters in South Korea on Wednesday. A new international treaty in 2015 will force developed countries to spend untold billions more to reduce carbon-dioxide emissions. The fine print in the negotiating text includes an escape clause for developing nations.”
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