By Pepe Escobar
Asia Times
"As developing countries accuse the industrialized North of trying to side-step cuts in carbon emissions, the real winners of the Copenhagen climate summit are emerging: Wall Street and Big Oil. While Wall Street banks will probably turn climate change into a new commodities market, marketing it as an investment product, Big Oil is likely to make a killing from a global carbon tax.....
It's hard to be astonished by the sight of Wall Street and Big Oil profiting handsomely from everything post-Copenhagen. Their proposed global carbon tax will hit everyone on the planet; but the beauty is that Wall Street and Big Oil won't have to pay for it. But, one might argue, why not, if the world's 1.5 billion cows will be taxed as well. According to the UN's Food and Agriculture Organization, cow "emissions" rank as a key cause of global warming. So despite all the white man's burden shenanigans, it seems that mammals may be finishing off the Mother Earth that humans had already practically destroyed - evolution theorist Charles Darwin would have loved it. "
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