The fund, negotiated at the UN's COP27 Summit, was originally known
as a 'loss and damage' fund and had been blocked by previous administrations. The deal is already more than a day late, as nearly 200 nations were anxious for an accord they could bill as a step forward in the fight against climate change. The nations involved are largely from Asia , Africa, Latin America, the Caribbean and the south pacific. Biden was granted $1 billion to help developing countries tackle climate change, although it's unclear if that cash will go into this fund. The president also faces having his plans stymied by the GOP-majority house, which would have to approve any funding. China does not have to pay into it.
Who here thinks it will be more than 1$B next time?
ReplyDeleteSo long as it is coming out of HIS pocket, and not mine. I seriously doubt he should be allowed the authority to commit the country to this kind of nonsense. Impeach the old dementia patient and get him the hell out of the White House.
ReplyDeleteSince they have extra monies printed up to throw at governments across the world then they do not need my measly 60K per year anymore. Once they decide to return to a republic form of representation by the civil and moral we can discuss if I owe anything ever again.
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