LouLDo you have a reference for the 10% of any money raised...

LouL
Do you have a reference for the 10% of any money raised going to the UN.?
And when did Combet sign that over?
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Sorry tinnitus, here is a clip and link to complete text..

February 28, 2011, 2:35 am

"Billions of dollars raised by Australia's carbon tax will end up overseas, helping poor countries battle climate change.

Prime Minister Julia Gillard's new tax will be used to allow Australia to meet its share of a $100 billion-a-year United Nations fund to transfer wealth from rich countries to help undeveloped nations adapt to global warming.

The Gillard Government is party to a UN agreement which Climate Change Minister Greg Combet entered into in December at a meeting in Cancun, Mexico, under which about 10 per cent of carbon taxes in developed nations will go into a Green Climate Fund.

Even when Ms Gillard was denying there would be a carbon tax last August, her government had committed to spend $599 million on climate change handouts over the current three-year Budget period, mainly in the Pacific and South-East Asia. About $470 million has already been allocated.

The scale of the potential overseas carbon tax payments dwarfs the $500 million in educational foreign aid to Indonesia which provoked recent bickering between the Government and the Opposition....."

http://au.news.yahoo.com/thewest/a/-/latest/8916664/carbon-tax-billions-to-help-poor-nations/