Anarchy, Environmental and Financial

By turning its back on international law on climate change, Canada has raised the risk of anarchy among the nations on greenhouse gas emissions. How great that risk might become remains for the future to reveal. But we can all feel it in our bones that such an environmental risk has been sharpened by the Harper government.

 Now let's turn to things financial. In this extended interview, economist Jeffrey Sachs describes how there is no easy solution to the global financial crisis:

http://www.aljazeera.com/programmes/talktojazeera/2011/12/2011121074125944352.html

 The one simple solution Jeffrey Sachs promotes is a financial transaction tax. That's exactly the solution that was promoted by the Financial Stability Board to the G20 nations after the 2008 financial crisis. It was to be discussed by the G20 in its 2010 meeting. But the Harper government pulled out all the stops in order to blow that proposal off the agenda of the Toronto G20 summit. And so the financial crisis plays on and on.

 Will history see this government as the key global author of both financial and climate disaster??