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Obama to propose billion-dollar Climate Resilience Fund; Icy blast heats up coal debate
Politico ^ | 02/14/14 10:08 AM EDT | Alex Guillen

Posted on 02/14/2014 11:12:44 AM PST by Olog-hai

President Barack Obama will ask Congress to set up a $1 billion “Climate Resilience Fund” in his proposed budget next month. Obama travels to Fresno, Calif., today to discuss the drought plaguing most of California and the Western U.S. and to announce new administration actions, including the proposed billion-dollar fund. According to the White House, the fund would go to research on the projected impacts of climate change, help communities prepare for climate change’s effects and fund “breakthrough technologies and resilient infrastructure.” […]

As another snowstorm socks the East Coast, the coal industry has a message for the nation’s electricity customers: We told you so. Signs of growing pains have abounded in the past few weeks of frigid weather, which struck a U.S. electrical grid that’s in the early stages of a long-term shift away from coal-fired power to natural gas: wholesale electricity prices have spiked in regions such as New England, natural gas costs have surged with demand in Boston and Chicago, and power companies in Texas and Eastern states have had to urge residents to cut back. Some utilities have even been shifting, yes, back to coal. …

(Excerpt) Read more at politico.com ...


TOPICS: Business/Economy; Editorial; News/Current Events; US: District of Columbia
KEYWORDS: boondoggle; climatechangehoax; coal; cooling; democrats; energy; epa; fraud; necessarilyskyrocket; obama; warming; waste

1 posted on 02/14/2014 11:12:45 AM PST by Olog-hai
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To: Olog-hai

Why is everything with these libs “growing pains”?! And why do lib voters keep agreeing?!


2 posted on 02/14/2014 11:16:09 AM PST by albie
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To: Olog-hai

Liberalism’s bad boy on another idiotic spending spree.

Guess it didn’t get cold enough for the bastard this winter.


3 posted on 02/14/2014 11:18:59 AM PST by ZULU (Magua is sitting in the Oval Office. Ted Cruz/Phil Robertson in 2016.)
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To: Olog-hai

Too bad we can’t shut off the power to Rat nests until and unless they stop the war on energy.


4 posted on 02/14/2014 11:19:38 AM PST by Truth29
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To: Olog-hai

Apparently tax money can stop Climate Change.

I have a similar idea, a Solar Depletion Fund that will protect us if the Sun goes out or has lowered output.

I’ll develop curricula, give lectures, run classes, and invest in or investigate technologies to mitigate solar output issues.

I’ll be the fund manager. I think .01% of all energy spending should be sufficient.


5 posted on 02/14/2014 11:20:16 AM PST by DBrow
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To: Olog-hai

I live in southern Rhode Island...two miles from the coast. I pray for a warming trend every day. This winter has been all too cold and snowy/wet. If, in fact, global warming occurs, and it will sooner or later; I for one, will welcome it. I wouldn’t mind seeing palm trees on my beaches and along the coast. Preparing for climate change for me is a matter of a change of clothing.

Obama is a true radical Marxist. In true to form community organizer fashion, he rings the global climate change alarm bell better than most. They are all full of it.


6 posted on 02/14/2014 11:23:23 AM PST by ThomasMore (Islam is the Whore of Babylon!)
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To: Olog-hai
A lot of other programs have no money, we are deep in debt but we can afford that!
What a waste.

7 posted on 02/14/2014 11:25:44 AM PST by BitWielder1 (Corporate Profits are better than Government Waste)
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To: ThomasMore

We entered a solar minimum in 2007. We won’t see warming again in our lifetime.


8 posted on 02/14/2014 11:33:23 AM PST by Mamzelle
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To: Olog-hai

another way to spend money? throw $$$ into the sky to seed the rain clouds? or exactly what is this latest Billion of our dineros supposed to actually DO for us? (answer: more gifts to his communist and islamonazi political supporters and contributors?) or?

spending like the last $6 or $7 Trillion in new public debt we will have to pay off for him...... supposedly tons of money for “shovel ready public works projects” but after 4 years of spending and no projects he lamely admits there weren’t any (but all our money is gone)


9 posted on 02/14/2014 11:34:12 AM PST by faithhopecharity
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To: Olog-hai
Make-work projects to pump money into failing blue states...


10 posted on 02/14/2014 11:36:37 AM PST by indthkr
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To: albie

They keep agreeing because growing pains mean slush funds which are distributed to them.


11 posted on 02/14/2014 11:49:06 AM PST by Dahoser (Separation of church and state? No, we need separation of media and state.)
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To: albie

They can’t tell the difference between growing pains and death pangs.


12 posted on 02/14/2014 12:03:38 PM PST by Olog-hai
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To: Olog-hai

A lot of slush for a warming planet.


13 posted on 02/14/2014 12:06:00 PM PST by Vince Ferrer
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To: Olog-hai

He is spending this country into oblivion. It won’t survive. Last year the gop gave him a blank check. This year they’ve given him a blank checkbook. He will use it to destroy us. Just like he’s planned all along.


14 posted on 02/14/2014 12:38:15 PM PST by VerySadAmerican (".....Barrack, and the horse Mohammed rode in on.")
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To: Olog-hai
Climate Change is non falsifiable. There is nothing you can say to the true believers of the Hoax to dissuade them from swallowing the scam -hook, line, and sinker..
15 posted on 02/14/2014 1:03:54 PM PST by PATRIOT1876
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To: Olog-hai

We’re broke, Mr. Obama.


16 posted on 02/14/2014 2:37:12 PM PST by SumProVita (Cogito, ergo....Sum Pro Vita - Modified Descartes)
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