Clinton Urged to Support ‘Robin Hood’ Tax to Fund Climate

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Friends of the Earth and Greenpeace joined 61 other charities, unions and campaign groups to urge U.S. Secretary of State Hillary Clinton to support a financial transaction tax to help fund the fight against climate change.

A transaction levy, or “Robin Hood Tax,” could help fund $100 billion of climate change aid that developed countries have pledged by 2020, and extend to health care and education as well, the 63 groups said in a letter yesterday to Clinton that was e-mailed today by Friends of the Earth.