Bank Tax, CO2 Auctions Recommended by Soros Panel to Help Climate Efforts

Alex Morales and Jim Efstathiou, Jr. Bloomberg 11/5/2010

At least $65 billion might be raised by taxing foreign-exchange transactions and auctioning pollution permits, a United Nations panel said today in a report recommending ways to finance aid for fighting global warming.

The panel, which includes billionaire investor George Soros and Larry Summers, director of President […]