Copenhagen shakedown

IBD Editorial:

When an overblown environmental conference culminates with Zimbabwe's Robert Mugabe, Venezuela's Hugo Chavez and Iran's Mahmoud Ahmadinejad lecturing the West on virtue, color it another shakedown.

The United Nations' Copenhagen Climate Conference is going fast into meltdown. It may be because it's not about climate anymore, but fitting a noose on the world's productive economies and extracting wealth transfers.

Poor countries have gone from defending their right to economic development as a reason for exemptions to emissions cuts to claiming a "legitimate" right to vast wealth transfers from the West to prevent emissions. They call it "climate justice."

...

It is not enough that the liberal globo warmers want to ruin their own economies to comply with restrictions on energy production, but they want to also subsidize others in the enterprise.

This reminds me of the guy whose wife says she is leaving him and he ask "Is there someone else?" She responds "There has to be."

When it comes to dealing with a warmer climate, there has to be a better way.