Global Warming Fund a Slush Fund for World’s Dictators

un climate paris cc

The “climate initiative” thing or whatever that Obama came back from Paris with and the Republican congressional leadership made sure was funded has “scheme” written all over it. (And “scheme” is the nice word.) The cronies in many poor countries saw an opportunity to line their pockets with the adoption of the initiative and so supported it in the UN.

So enjoy watching billions of your money going to crony despots of all kinds all around the world in the name of fighting “climate change.” Because that’s what your tax money should be going to.

(From Reason)

Wherever you stand on the subject of global warming, pay close attention to one under-reported aspect of the 2015 United Nations Climate Change Conference or Paris Agreement. I am referring to the Green Climate Fund (GCF), which is a financial mechanism intended “to assist developing countries in adaptation and mitigation practices to counter climate change.” According to the current estimates, developed countries will be obliged to contribute up to $450 billion a year by 2020 to the GCF, which will then “redistribute” the money to developing countries allegedly suffering from the effects of global warming.

Lo and behold, Zimbabwe’s government-run daily “newspaper” The Herald repored that “Southern Africa is already counting the costs of climate change-linked catastrophes… In Zimbabwe, which has seen a succession of droughts since 2012, a fifth of the population is facing hunger… feeding them will cost $1.5 billion or 11 percent of… the Gross Domestic Product.”

Click here for the article.