Posted on 01/17/2017 3:23:21 PM PST by BenLurkin
Thats on top of another $500 million transferred last March, meaning the United States has now sent $1 billion to the fund, or a third of the presidents pledge.
The Green Climate Fund is a critical tool that helps catalyze billions of dollars in public and private investment in countries dealing not only with the challenges of climate change, but the immense economic opportunities that are embedded in the transition to a lower carbon economy, said Department spokesman John Kirby at a press briefing Tuesday.
...
Kirby said in a statement that the funds came from a 2016 appropriation for the agencys Economic Support Fund. This $4.3 billion fund contains some dollars earmarked for specific programs and other dollars that are not officially allocated the current monies came from the latter.
By the year 2020, under the 2009 Copenhagen accord, developed nations are supposed to be allocating $100 billion annually on climate-change aid to poorer, developing nations, money to be used for clean energy projects and climate change adaptation measures, among other expenditures. Much, but not all of this money is intended to be distributed through the Green Climate Fund, which has already raised $10 billion so far.
The broader idea of wealthier nations helping poorer ones adapt to a changing planet, and to transition their energy systems, was a fundamental component of bringing all nations on board to the agreement, and environmental groups hailed the move Tuesday.
...
At the State Department press briefing, when asked about the timing of the release of the funds, Kirby said that this is an investment that had been long-planned. I dont I dont believe there was any nefarious desire or intent to do it just two days before [the inauguration].
(Excerpt) Read more at washingtonpost.com ...
Redistribution of wealth. Of course, it does not even wind up helping the poor. Just more global oligarchs lining their pockets.
Drain the swamp!
US out of UN! UN out of US!
Now, that would be great!
Hope....you are right.
Obasturd
Trump will recover this. He will START with “I’m cutting you off completely” and then demand as a price to even talk about NOT cutting them off the return of all this taxpayer money paid to the Climate Fraudsters!
They cannot spend US funds unless appropriated by Congress.
Appropriating funds is the job of the Congress and Senate, both controlled by Republican majorities Why did they set up a situation that presumably gave Obama discretionary authority to throw away $500 million? How about they pass legislation forbidding any such payment, for Trump’s signature on the afternoon of Jan 20?
AND just where did the money come from, MR. Ryan?
Slinging our hard earned money around. Shameful.
The State Dept should not have any amount of money to just send to anyone for any reason. What BS.
Those who did should be held accountable
The main reason that there are no consequences to ignoring the laws is the following imo.
With all due respect to mom & pop, for many generations parents have not been making sure that their children are being taught the federal governments constitutionally limited powers as the Founding State had intended for those powers to be understood.
So sadly, citizens dont even know that the corrupt feds are breaking the law and the corrupt Washington cartel probably knows this and is exploiting the situation.
Preach on, brother. I am with you 100% on that.
I want my money back!
Infuriating. The cockroach rat is trying to do as much damage as he can before he is forced out the door.
“Swiss bank accounts and luxuries (e.g. $4K suits).”
For a second, I thought you typed, $4K SLUTS! But it would probably be spent on them too! /s;)
How much of this gets siphoned off and end up in Zero’s bank account?
I echo that statement!
Let the next President say that’s it for the year.
I wish we could put this on Mister Obama’s tab as he leaves office Friday.
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