Obama gives $500 million to climate fund over GOP objections

by
January 18, 2017

Obama gives 500M

WASHINGTON – With just three days left in office, the Obama administration has doubled an initial $500 million commitment to a fund that helps developing nations fight climate change and adapt to its consequences.

The incoming Trump administration and some Republicans oppose the program.

The State Department’s announcement Tuesday brings U.S. contributions to the Green Climate Fund to $1 billion since 2016. The fund helps poor countries reduce carbon emissions by promoting clean energy and spurring private investment in the field.

“This administration has committed to this fund, in fact helped stand it up, establish it,” State Department spokesman John Kirby said. “And it is entirely in keeping with the work that we’ve been doing across the interagency to try to look for ways to stem the effects of climate change, and this fund helps other economies, other countries develop their own initiatives and help them deal with this.”

Obama promised a total of $3 billion to the fund in 2014 as part of the Paris climate change accord, but it is far from certain that full amount will be pledged.

President-elect Donald Trump and a number of GOP lawmakers have complained that support for the fund wasn’t specifically approved by Congress. The administration argues the current fiscal year’s budget allows it to take the money from an unobligated portion of a total of $4.3 billion in economic support fund assistance. The previous $500 million installment was made in the same way.

  • CHRISTOPHER BOWEN

    One day and we are rid of this traitor.

  • texexpatriate

    Trump and the Congress can stop this.

  • Ramon1710 .

    With an insane amount of national debt, largely thanks to Bathhouse Barry, this asshole wants to give away more of our money to foreign countries to help fund a credulous UN hoax. Good riddance to bad moron.

  • USNavyPatriot

    How about paying back the Social Security funds?! We haven’t had a damn raise in our return on investment in over 4 years. I’m tired of government giving away our tax dollars to stupid foreign endeavors!

    Help Americans President-Elect Trump!

  • justinwachin

    If the payment isn’t processed before Monday President Trump should halt the payment. This is a good example of why we are $20,000,000,000,000 in debt. President Obama has spent the last eight years borrowing money we don’t have to waste on things which will not help our country. Noon Friday can’t arrive soon enough.

  • Stikit

    President Trump must renege on any and all acts and promises, which did not have congressional approval. Furthermore, go after anarchists, which are plotting our overthrow from within and have been funded by our corrupt government. Confiscate their assets and bring criminal charges.

  • Rodney Steward

    The clown just keeps feeding the worlds largest PONZI SCHEME, but it’s not his money and country!!

  • Warren

    There is no way a President should be able to gjve away our Tax dollars without the approval of Congress

  • David Hummel

    The obamas need put in Guantanamo, and all their personal assets need to be confiscated and put back in the treasury.

  • Tiger
    • the whistler

      Tiger notice how they changed the data from 1934 to 2000 …went from being lower to higher 2000!!!!

      • Tiger

        Wow Lord help us

  • Tiger
  • Tiger
  • Tiger
  • Tiger
  • Tiger

    Neue Zürcher Zeitung, 14 November 2010

    Climate policy has almost nothing to do anymore with
    environmental protection, says the German economist and IPCC official
    Ottmar Edenhofer. The next world climate summit in Cancun is
    actually an economy summit during which the distribution of the world’s
    resources will be negotiated. – Ottmar Edenhofer

    He should not have been given the money.

  • GoldenGirl2u

    Seniors have gotten barely a thing in the last 8 years, some have even have had on the last , supposed increase, money taken away, all but small, the point is he has spent obnoxious amounts of monies to all these other countries and has done nothing for seniors. His lavish and reckless spending could have helped a lot of U.S. Citizens who are in need, remember Solyndra and others? He is a traitor to the U.S. Congress has the power of the purse and should stop this nonsense, this could be their last chance to get it right.

  • Luke

    How much of that money has made it back into the obuma’s and clinton’s swiss bank accounts

  • Rock

    The only thing those “developing” nations have developed is a DEPENDENCY on the U.S. cashflow !

  • Rock

    “To help developing nations”…. SCREW them, keep the U.S. taxpayers money IN the U.S. It isn’t that A s s holes money to give away !

  • texexpatriate

    Can Trump turn this around? Can the Congress? If I was President, I would stop payment one way or another.

  • Climax

    The House should just not make the payment.

    • Tiger

      Neue Zürcher Zeitung, 14 November 2010

      Climate policy has almost nothing to do anymore with
      environmental protection, says the German economist and IPCC official
      Ottmar Edenhofer. The next world climate summit in Cancun is
      actually an economy summit during which the distribution of the world’s
      resources will be negotiated. – Ottmar Edenhofer

      • The Redhawk

        The Departing POST TURTLE iS just FOOKING UP to the END!!! Time for Congress to DROP a pair and REFUSE to make that Payment!!!! Come on RYAN STOP this FOOLISH waste or our TAX MOney!

        • Tiger

          Amen never been a debate never just the left saying it is so.

    • Glendajisom

      Google is paying 97$ per hour! Work for few hours and have longer with friends & family! !ud110c:
      On tuesday I got a great new Land Rover Range Rover from having earned $8752 this last four weeks.. Its the most-financialy rewarding I’ve had.. It sounds unbelievable but you wont forgive yourself if you don’t check it
      !ud110c:
      ➽➽
      ➽➽;➽➽ http://GoogleFinancialJobsCash410WebPlanetGetPay$97Hour ★★✫★★✫★★✫★★✫★★✫★★✫★★✫★★✫★★✫★★✫★★✫★★✫★★✫★★✫★★✫★★✫★★✫★★::::::!ud110c:….,……

  • Libya21

    Stop funding it. We have a treasurer don’t we? Get him off his backside and stop this nonsense! Americans decide how to spend our money! Not that damned traitor Obama!

    • Tiger

      If Trump doesn’t sign out of this he will surely hear from us. A hoax and proven as such and even Bush Sr. saw through these scams to rape America of money for redistribution of wealth.

      Neue Zürcher Zeitung, 14 November 2010

      Climate policy has almost nothing to do anymore with
      environmental protection, says the German economist and IPCC official
      Ottmar Edenhofer. The next world climate summit in Cancun is
      actually an economy summit during which the distribution of the world’s
      resources will be negotiated. – Ottmar Edenhofer

    • The Redhawk

      Not so fast JACK LEW IS OBAMA Treasury FUBAR LEMMING for ONE MORE DAY!!!

  • Jean Langford M.

    THAT CAN BE RECINDED…DEFUNDED…SCREW THAT TRAITOR IN CHIEF…

    • Jo Ann Kowalski

      Obummer is probably funneling money to himself. I lol when his thing michele aka michael says she is a sex symbol. Yeah if she/he stands next to hitlery

      • Jean Langford M.

        AGREED…

    • The Redhawk

      BULLS EYE

  • Timothy Thompson

    Defund him it’s congresses responsibility to stop this giveaway. He should be indicted for his last few weeks in office. He’s proven to be so anti American in all these instances of misuse of power. Hopefully he’ll regret these actions and brought to justice when a new AG is the head of a Trump DOJ.

  • Janthony132

    Cantr congressd stop it?

  • Stephen Howe

    Once more, RINOs roll over for Onegro.

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