They didn’t get the memo from last time with their global shipping fee.

Fossil fuel companies could be forced to pay some of the price of their damage to the climate, and the ultra-rich subjected to a global wealth tax, if new tax rules are agreed under the UN.

Negotiations on a planned global tax treaty will resume at the UN headquarters in New York on Monday, with dozens of countries supporting stronger rules that would make polluters pay for the impact of their activities.

But developing countries are worried the current draft of the proposals is too weak, and want more robust backing from the rich world. Clear proposals on taxing the profits of fossil fuel companies have been watered down in their language, and proposals for a global asset registry that would help in taxing wealthy individuals have been removed from the text.

Those loathsome fossil fuel companies. How dare they produce products that enable developing nations, like those in Africa and Asia, to develop by producing affordable energy! Overall, this is another way to destroy the global fossil fuel industry that will undermine the West. Hopefully, Trump and other world leaders will prevent this new boondoggle from going through.

PHOTO CREDIT: Pixabay