One thing for sure. If this does not work, it wont be long before they come up with something new.
Sure, there are many guilt ridden Lefties that will jump at the opportunity to redistribute wealth.
I find it hard to believe that they are going through all the motions and at the end they will not benefit from it.
BTW The IPCC branch of the UN that dealt with AGW was founded by Maurice Strong, a Canadian communist. Figuring who's behind the latest will be interesting.