Obama to spend three billion dollar taxpayer funded US contribution to the world climate change fund
The two announcements, both unveiled at prominent global meetings with world leaders, highlight Mr. Obama’s intention to use the last two years of his administration to push forward on climate change policy, which he sees as a cornerstone of his legacy.
Mr. Obama aims to be the lead broker of an international climate change accord, to be signed in Paris next year, that would commit all the world’s major economies to significantly cutting their emissions of planet-warming carbon pollution from burning coal and oil.
The pledge is directed to the Green Climate Fund, a financial institution created last year by the United Nations with headquarters in Seoul, South Korea. It comes ahead of a Nov. 20 climate meeting in Berlin, at which countries have been asked to make formal commitments to the fund.
Wild Thing’s comment……….
Gurly man Obama loves to spend other people’s money.