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World Bank Commissar Paul Wolfowitz, formerly deputy secretary of defense in the Bush administration, has announced plans to underwrite--with U.S. tax dollars, of course--various Global initiatives to combat the mythical menace of "Global warming." Paul Wolfowitz, appointed by President Bush to head the World Bank, "indicated he was prepared to let the bank take a broader role in efforts to tackle climate change," reported Reuters on July 8. In remarks to the press during the G-8 summit in Scotland, Wolfowitz said (as paraphrased by Reuters) that he wants "to help foster discussion among industrialized nations and emerging market countries such as China and India on tackling global warming," as well as to create "a framework for mobilizing investment in clean air technologies by November."
"[The World Bank] can hopefully be a mechanism for developing a more fruitful dialogue between Europe and ...