Written by Farmer Steve

 

I have changed my mind about participating in the carbon credit program. And have resolved to give the money I received to St Jude’s Children’s Hospital.

Here is why.

Recently I sat in the fire hall with a few dozen farmers. We had been invited to hear how we can get paid for carbon credits.

The speaker explained how their satellites can measure the carbon in our land individually and how much money we could get. Then asked for questions.

I asked “what is the source of this money”?

Carbon caps or levies will throttle taxpayers

Last summer, China and the developing world announced the price for their cooperation on a global-warming treaty: up to 1% of the developed world's gross domestic product. For the U.S., this would mean sending $140 billion a year to China, Iran, North Korea and Cuba, among other countries. This is in addition to the $28 billion we already distribute each year in foreign aid.

For a U.S. family of four, China's demand comes to nearly $1,900 in yearly taxes. And that's just the beginning.

The tenor of international climate negotiations has emboldened the Indian government to claim in a February filing with the United Nations that the West owes it billions of dollars in compensation for climate change. These payments, it said, should be mandatory and not "subject to decisions of developed country governments and legislatures."