Posted on 11/19/2022 3:55:34 PM PST by TigerClaws
The United States will take part in the creation of and contribute to a fund that will pay developing nations to tackle climate change.
The fund, negotiated at the United Nations' COP27 Summit, was originally known as a 'loss and damage' fund and had been blocked by previous American administrations.
With a final climate accord already more than a day overdue, representatives of nearly 200 nations were anxious for an agreement they could bill as a step forward in the fight against climate change. ADVERTISEMENT
The nations involved are largely from Asia, Africa, Latin America, the Caribbean and the south pacific, who see the matter as payback for a crisis that they did not contribute to but nonetheless could, in their view, destroy them.
Biden was granted $1 billion to help developing countries tackle climate change, although it's unclear if that cash will go into this fund.
The president also faces having his plans stymied by the GOP-majority house, which would have to approve any funding.
And gas-guzzling China wouldn't have to contribute to any global fund, because it is still considered a developing nation. The United States will take part in the creation of and contribute to a fund that will pay developing nations to tackle climate change
The United States will take part in the creation of and contribute to a fund that will pay developing nations to tackle climate change
(Excerpt) Read more at dailymail.co.uk ...
Never forget that the whole "CO2 global warming" scam was invented by the neo-malthusian Club of Rome as a tool to force a drastic die-off of human populations. This is only the beginning. Ultimately, YOU are the carbon they want to reduce.
Meanwhile, trust the climate oligarchs to find private profit in public policy.
My stars what a load of BS.
I have posted often, NOTHING will change till the money runs out.
We have observed a major world power go bankrupt in our lifetime. It will happen again.
The world did not end when this happened nor will it the next.
Big deal, chump change. The DC Junta pi$$es that much away in the Uke quagmire every two days.
Yet another slush fund that will make its way to the corrupt leaders of both foreign countries and our own.
U.N formula = more contraception and abortion......
It has ALWAYS about money. Never about anything else.
Environmentalists talking about China’s pollution is like “gun grabbers” talking about the black crime rate.
Just as long as American tax dollars don’t go to Americans, it’s all good 👍!!
This should work forever!!
A wave of the presidential hand.
I remember a time when international treaties were harder to come by. You had to go through congress, and stuff. Things are so much easier now, with Dear Leader in charge.
All these years after the Reformation, and Catholics still like paying for indulgences ...
Well ok, its his money he can spend it foolishly if he wants.
US will pay up to $1BN....
Wait a minute, why are we paying for something that stupid?
The money will end up in China’s pocket
He’s a Reverse Whore!
More like laundered money!
It’s good to be KING!
Wouldn’t this require a treaty and Senate approval?
All by himself? No congress?
“till the money runs out”
They all believe in “Modern Monetary Theory” which says you can print as much money as you want with zero consequences.
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