Framework Convention on Climate Change (UNFCCC) meeting in Copenhagen ended last December with a whimper, these new proposals in Bonn unabashedly call for the U.N. to be the main revenue raiser to fight climate change.
As important as Export-Import Bank credits, government investment guarantees and other U.S. subsidies potentially provided for by this accord might be, by conveying to Tokyo, Bonn and other Western capitals a sort of U.S. "Good Housekeeping" seal of approval, Washington also encourages others who may have still "deeper pockets" to move aggressively to assist the Soviet economy with taxpayer funds.
The Center for Security Policy has long documented Germany's self-serving and dangerous policies toward the former Soviet Union and repeatedly urged the U.S. government not to abdicate leadership on East-West relations to Bonn.