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Obama To Ask For $1 Billion Climate Change Fund

An anonymous reader writes "President Obama will ask Congress for a $1 billion 'Climate Resilience Fund' in his proposed budget next month. From the article: 'Obama is expected to release his proposed 2015 budget in early March. The prospects for the climate fund are uncertain in a Republican-controlled House. But Obama, who made preparation for climate change one of the major themes of the climate action plan he released in June, will continue to press for the need to adapt, according to the White House.'"

7 of 410 comments (clear)

  1. Re:Unconstitutional by The+Cat · · Score: 5, Informative

    The difference between our government and others is that we have a Constitution which restrains corruption. The further we drift from the law, the more lawless we become.

    We are fortunate that Madison was prescient in this thinking and chose to include a mechanism for recovering control in the face of a thoroughly corrupt federal government.

    The states will do their duty, and it will be a signal to the world that the American People are both resilient and well equipped to handle any challenge.

  2. Re:There are no comments by BasilBrush · · Score: 4, Informative

    In my wee opinion, this is prima facie evidence that there is money in shouting the AGW 'gospel' and pushing the panic button.

    Using your logic:

    There's been massive flooding in the UK in recent weeks. So if the government allocate a significant budget to deal with the problem, that means that there wasn't really any flooding, it's just that there's money available for people to shout "Flood!"

  3. Re:Sure, why not? by The+Grim+Reefer · · Score: 5, Informative

    Given that Solyndra is the only failure that the Obama critics can ever come up with, and given that a subsidy program for renewable energy obviously has high risks (but also high gains), Obama has a very impressive track record in this area.)

    I'm all for solar and renewal energy development. But let's not kid ourselves over President Obama's track record. Here's a list of the ten largest loans to solar panel companies that went bankrupt:

    • Abound Solar: $790 million in tax payer funding
    • A123 Systems: $377 million
    • Ener1: $182 million
    • Range Fuels: $162 million
    • Azure Dynamics: $119 million
    • Energy Conversion Devices: $110 million
    • Evergreen Solar, Inc.: $85 million
    • Beacon Power: $77 million
    • Raser Technologies: $33 million

    If we add in Solyndra at $570 million he's managed to piss away about $2.5 billion on those ten companies. If that's what you consider an impressive track record, I'd hate to see what you consider mediocre, or poor.

  4. Re:No Problem by Mashiki · · Score: 4, Informative

    Yep looks like it did.
    http://www.almanacnews.com/squ...
    http://dailycaller.com/2011/09...

    Take it as you want.

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    Om, nomnomnom...
  5. Re:There are no comments by quantaman · · Score: 4, Informative

    Using your logic:

    There's been massive flooding in the UK in recent weeks. So if the government allocate a significant budget to deal with the problem, that means that there wasn't really any flooding, it's just that there's money available for people to shout "Flood!"

    1) Nobody is claiming that climate doesn't change - the debate is over the source(s) of that change.

    I still see lots of people claiming that it's mostly due to the urban heat island.

    2) Flooding is a present problem that causes damage, and is quite demonstrable as to its immediacy and even its sources. AGW theory on the other hand promises problems later down the road... maybe, well, if their models are proven to be correct.

    Try again?

    Well AGW theory promises problems like flooding, and preparing for AGW can help us mitigate or even reduce those problems.

    As for your skepticism over the theories, the only way to truly prove the models correct is to wait for the consequences to happen, and at that point it might be too late to act.

    For a country the size of the US $1 billion is minuscule, even if the skeptics were right and the science was shoddy group think and the models were wildly inaccurate, the potential size of the problem is so big that this would still be a good investment.

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    I stole this Sig
  6. Re:There are no comments by quantaman · · Score: 4, Informative

    Cite? I've generally heard 2020s or 2030s but that might be true and they might have been right. For all we know we're already past the tipping point and are going to get hit no matter what.

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    I stole this Sig
  7. Re:Ha ha ha ha ha by WindBourne · · Score: 4, Informative

    BTW, Here is a decent article about the situation.
    As it reports, America is dropping our emissions a great deal. We have been for 6 years, which is why the stats like to use 2005, rather than the more accurate 2011 or 2012.

    In addition, it points out that 60% of the emissions come from '3rd world' nations, which for all intents and purposes, means the BRIC nations. The developed world emits less than 40%, with just China emitting more than EUROPE AND AMERICA COMBINED.

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