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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.'"

2 of 410 comments (clear)

  1. Re: Sure, why not? by QuasiSteve · · Score: 5, Interesting

    (long list here)

    That's some terrible formatting - mixing billions and millions and straight dollar amounts.

    After some simple parsing: 33 companies total, 19 filed for bankruptcy, 14 did not.

    Of the 19 that filed for bankruptcy, Solyndra was easily the largest with $535M.

    Of the 14 that did not, Brightsource is easily the largest with $1600M.

    Brightsource alone constitutes more money involved than the total for those that filed for bankruptcy; $1598M.

    The total money involved for those that did not: $5837M

    Ultimately these numbers don't mean a whole lot without looking at the complete effects, but I thought I'd at least make that list a little easier to work with; numbers in millions.

    1600,Brightsource
    1460,First Solar
    1200,SunPower
    529,Fisker Automotive
    299,Johnson Controls
    178,Babcock and Brown
    151,LG ChemÃTM
    126.2,ECOtality
    100,Mascoma Corp.
    98.5,Nevada Geothermal
    50,Vestas
    39,Navistar
    5.9,Amonix
    0.5,GreenVolts

    535,* Solyndra
    400,* Abound Solar
    279,* A123 Systems
    118.5,* EnerDelÃ(TM
    80,* Range Fuels
    43,* Beacon Power
    33,* Raser Technologies
    25,* Evergreen Solar
    20,* Konarka Technologies Inc.
    16,* Nordic Windpower
    13.3,* Energy Conversion Devices
    10,* OlsenÃ(TM
    7,* Stirling Energy Systems
    6.5,* Thompson River Power
    5.4,* Azure Dynamics
    3,* Satcon
    2,* Mountain Plaza
    0.700981,* Willard and Kelsey Solar Group
    0.5,* SpectraWatt

  2. Re:Ha ha ha ha ha by WindBourne · · Score: 4, Interesting

    First, emissions per capita is a worthless measure. The fact is,that emissions are tied to GDP, not ppl. The only one that makes sense is CO2 per $GDP. And on that one, we are in the middle.
    Secondly, America's emissions are dropping in EVERY arena. In fact, for the last 5 years, we have dropped more than any other single nation OR ENTITY.
    Third, I always have to laugh when I see nutjobs like you screaming (anonomously) that America is the great evil on this, based on calculations of 50,75 years, while ignoring the fact that Europe, China have been emitting large amounts for millenniums. Heck, there is not virgin forest in either China OR Europe. And even now, Europe far outdid America in total emissions throughout most of the 1900s, until 1995. Then when Europe focused on taxing their fuel to stop future shock, did they lower their emissions. Regardless, America continues to drop our emissions.

    --
    I prefer the "u" in honour as it seems to be missing these days.