Please Support FR
Click The Pic To Donate.
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 ...
They all believe in “Modern Monetary Theory” which says you can print as much money as you want with zero consequences.
“Big deal, chump change.“
You think it ends there? It’s not even the deposit. We will find out if we really have the House when the rats try to get this steaming pile through.
By whose friggin’ authority does Biden think he has authority to give away American taxpayers’ money as “reparations”? Hell no!
Reparations? How stupid is Biden. And why, again, exempt China?
China will use Russian oil and natural resources to make goods for America and the West.
WTH—Doesn’t this have to be approved by Congress??? The money laundering graft continues. Keep working hard to churn out the taxes people b/c Third World Dictators need their payoffs.
This is probably being done the way the Iran deal with Obama was done. In that case as I recall it was never submitted to the Senate as a treaty.
And with the Iran deal if I recall correctly a plane load of cash was sent to Iran. The plane was full of actual currency from various countries denominations. It was never fully explained where that money came from or who it was going to. Because it was Obama who did that our media have no interest at all in asking basic questions about what was going on.
I expect something similar will happen with this United Nations climate change fund.
FJB
Uhmmm....Congress pays. President asks.
What a decrepit old fool. Prices here are high. Winter’s coming. And he’s giving away our money.
President Trump will put an end to this crap.
Please Support FR
Click The Pic To Donate.
One billion to these yapping 3rd world dogs is cheap. Thanks Joe for negotiating us out of this mess.
(Reality is we will never actually pay; this will be lost in the shuffle. And the yapping dogs will be back for more and more via the UN)
Uncle Sugar gets taken to the cleaners AGAIN!
$1bn sounds so innocuous.
neither DM nor “climate” gate-keeper Megan Rowling at Reuters below mention the $100bn PER YEAR which is the starting point for such funding (I think undeveloped countries recently said that won’t be enough).
where will it come from?
20 Nov: Reuters: Analysis: Climate damage fund trumps 1.5C push as COP27 summit nears end
By Megan Rowling
The expected loss and damage agreement at COP27 makes clear a new fund would receive finance from a range of sources, such as development banks and innovative taxes, and would not be limited to contributions from wealthy industrialised countries.
https://www.reuters.com/business/cop/climate-damage-fund-trumps-15c-push-cop27-summit-nears-end-2022-11-19
It will never get funded or pass Congress.
What a decrepit old fool. Prices here are high. Winter’s coming. And he’s giving away our money.
/\
Well,
he’s not a fool
if %10 ( tax free ) comes back to
the “ big guy”
and his family cartel.
.
I really wish The House could cancel Billions Biden from giving away our Treasure like Obama tried.
Ummmm...you can’t do that without the approval of Congress, Brandon.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.