The COP18 climate change negotiations have now concluded in Doha. According to the BBC:
UN climate talks in Doha have closed with a historic shift in principle but few genuine cuts in greenhouse gases.
The summit established for the first time that rich nations should move towards compensating poor nations for losses due to climate change.
More on Climate Change Urgency in Short Supply in Doha
As the G20 leaders start their deliberations in Cannes today some more famous names have been putting their weight behind the campaign to introduce some kind of financial transaction tax. On Tuesday the Anglican Archbishop of Canterbury, Rowan Williams, joined Pope Benedict XVI in calling for the introduction of what he referred to in an article in the Financial Times as
More on United Nations and Rowan Williams Join the "Robin Hood Tax" Campaign
As we reported last week, the leaders of the G20 nations (plus a few others) are on a jaunt to the Mediterranean seaside in Cannes this week. Amongst other things they are scheduled to discuss the global financial crisis. As luck would have it another item will have added itself to their agenda this morning. According to Yahoo!
More on G20 Meet as Obama's Favourite Corzine Flushes a Few More Billion Down the Pan
The next summit meeting of the leaders of the G20 nations takes place next week in Cannes, and the global financial crisis is top of the agenda. A variety of people from around the world are pressuring the G20 leaders to introduce a "tax on bankers". Such a tax has been discussed over the years under a variety of aliases, including "Tobin Tax" and "Financial Transaction Tax". However here in the UK currently the most popular euphemism for the idea is "Robin Hood Tax". Here's a video in which the team of Richard Curtis and Bill Nighy (of Love Actually fame) present their interpretation of the concept:
More on Pope Benedict and Bill Gates play Robin Hood for the G20