What is the ‘Tobin Tax’?
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About the video: ‘What is the ‘Tobin Tax’?’
Tony Colman describes how a tax on currency trading could generate a global fund to help mitigate climate change. Named after James Tobin, a very small tax on worldwide currency transactions could be easily administered by a global body such as the United Nations. The United Kingdom, France and Canada have all expressed interest in a Tobin Tax. However, more work needs to be done to convince these nations further and bring in other key players.
Total views: 1,617
Filmed: Geneva, Switzerland on 20 May 2006
Credits: Interviewer - Marcus Morrell ,Camera and Editor - Marcus Morrell
Copyright © 2006 Big Picture TV
About Tony Colman
Tony Colman is a former Labour Member of Parliament for Putney, England, and is Director of the African Venture Capital Association. He was a member of the Parliamentary International Development Select Committee and is a frequent contributor to debates on trade and industry, finance, the environment and foreign affairs.
Since 2006 he is a founding member of the World Future Council.
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