Omnibus Bill Undercuts President Biden’s Promise of Overseas Climate Funding – Are You Happy?
Essays by Eric Worrall
The $1.7 trillion Omnibus government funding bill which Congress just passed omitted at least one luxury.
The United States does not provide money promised to developing countries to reduce climate impacts
Senate-passed spending bill includes less than $1 billion in climate support for poorer nations despite Biden’s promise of $11.4 billion
Oliver Milman @oliemilman
Saturday, December 24, 2022 04:40 AEDT…
Biden has promised $11.4 billion a year to developing countries to reduce climate impacts and help them transition to renewable energy but Huge spending bill of $1.7 trillion to keep the US government runningpassed by the Senate on Thursday, including less than $1 billion in climate assistance for these countries.
The bill, expected to be passed by the House of Representatives and signed by the president, includes $270 million for adaptation programs, largely for countries in Asia and the Pacific islands, along with $260 million clean energy investment, aimed at Africa. Another $185 million will go toward “sustainable landscaping programs.”
Failure to meet Biden’s pledge so far risks undermining the White House’s insistence that the United States is committed to helping address the aftermath of the climate crisis of which it is a leading mastermind. , through historic and ongoing massive greenhouse gas emissions. Developing countries will need anything from 340 billion dollars arrive 2 trillion dollars a year by 2030, according to various studies, to cope with the cascade effects of global warming.
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Administration officials said the goal is to provide assistance by 2024, and that money could come from sources other than direct appropriations from Congress. But the possibility of doing this became far more remote when Republicans, who have largely rejected the idea of providing more aid for climate damage, took control of the House in January. .
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It’s nice to see that at least some leftists have been frustrated by the government’s latest borrowing and spending bill.