What Came out of the Cancun Climate Meeting? The First World will Subsidize Trees

It seems that the Climate Poo-Bas are trying something other than muzzling first world economies or trying to keep the poor of developing countries from becoming middle class. Now they are subsidizing trees.

How rich countries envision finding that $100 billion is suggested by a little-noticed provision concerning deforestation. Many participants have cited the Cancún Agreements concerning REDD (Reductions in Emissions from Deforestation and Forest Degradation) as another cause for optimism. After all, deforestation causes roughly as many emissions globally as transportation does, and the Agreements pledge to give developing countries financial incentives to leave forests standing.

In other words we will be giving Third and Forth world countries billions so that they don't cut down their trees. I'm not sure if we get to own the trees or if a country can double count trees so that they can get more money. I just came up with another headline from the future:

"Green Climate Fund Rife With Corruption and Abuse; Billions Unaccounted For"

I will be willing to bet even-money that this will turn out to be a $100 billion a year "Oil For Food" where hordes of UN diplomats siphon millions per year from it to fund their degenerate lifestyles/pay for villas in Gstaad. Everyone is going to get fat off of the so called Green Climate Fund. The Green won't stand for the environment I can tell you that.