The tab for U.N.'s Rio summit: Trillions per year in Taxes, transfers and price hikes
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--More than $2.1 trillion a year in wealth transfers from rich countries to poorer ones, in the name of fostering "green infrastructure, "  "climate adaptation" and other "green economy" measures.  

--New carbon taxes for industrialized countries that could cost about $250 billion a year, or 0.6 percent of Gross Domestic Product, by 2020. Other environmental taxes are mentioned, but not specified.

--Further unspecified price hikes that extend beyond fossil fuels to anything derived from agriculture, fisheries, forestry, or other kinds of land and water use, all of which would be radically reorganized. These cost changes would "contribute to a more level playing field between established, 'brown' technologies and newer, greener ones."  

-- Major global social spending programs, including a "social protection floor" and "social safety nets" for the world's most vulnerable social groups  for reasons of "equity."


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