US Spending Bill Blocks Obama’s UN Climate Fund $Billions

‘Poor Nations Will Need Up To $1.5 Trillion Climate Funding Per Year By 2050’

An “omnibus” spending bill to fund the federal government through October 2015 throws up roadblocks for the Obama administration’s climate agenda, namely by blocking taxpayer dollars from going to the United Nations global warming fund. The House’s $1.1 trillion spending bill will prevent President Obama from fulfilling his pledge to give $3 billion to the UN’s Green Climate Fund. –Michael Bastasch, The Daily Caller, 10 December 2014

President Obama’s pledge to give unelected bureaucrats at the U.N. $3 billion for climate change initiatives is an unfortunate decision to not listen to voters in this most recent election cycle. His climate change spending priorities, estimated to be $120 billion since the beginning of his Administration, were on the ballot, and Americans spoke.  The President’s climate change agenda has only siphoned precious taxpayer dollars away from the real problems facing the American people. –Senator James Inhofe, The Daily Caller, 10 December 2014

India will not allow any outside body to review progress of its “intended” climate targets and measures as these will be “nationally determined” contributions. Making India’s stand amply clear on the issue of “progress review”, Indian environment and climate change minister Prakash Javadekar said, “We do not see any role for any ex-ante review in this process”. China and most of the developing countries have the same view on the issue. –Vishwa Mohan, Times of India, 11 December 2014

In his intervention on Green Climate Fund during the talks, Javadekar also pitched for bigger kitty of climate finance from the developed world. He said developing countries need for mitigation and adaptation was being estimated in the range of $600 billion to $1500 billion per year (by 2050). He also focused on the reluctance of the rich nations to contribute to the Green Climate Fund. –Vishwa Mohan, Times of India, 11 December 2014

rich_pay_debt[1]The gloves came off at the Lima climate change talks on Tuesday. Developed countries came together to demand that references to developing countries’ priority of eradicating poverty and achieving sustainable development be dropped from the talks. Several countries, including Brazil, China and others, countered these views of the developed countries. India, too, aligned with other developing countries in defending its developmental interests and demanded primacy of sustainable development, food security and poverty eradication in the preamble of Lima decision. –Nithin Sethi, Business Standard, 11 December 2014

The 20th annual “Conference of the Parties” to the UN’s 1992 climate treaty (“COP-20”) is in its second week in Lima, Peru and the news is the same as from pretty much every other one. You don’t need a calendar to know when these are coming up, as the media are flooded with global warming horror stories every November. During the first week of these two-day meetings, developing nations coalesce around the notion the developed world (read: United States) must pay them $100 billion per year in perpetuity. In the second week, the UN announces, dolefully, that the conference is deadlocked. As the deadlock continues, the UN will announce that the meeting is going to go overtime. Sometime on the weekend someone will announce a breakthrough, the meeting will adjourn, and everyone will go home to begin the cycle anew until next December’s COP-21 in Paris. –Patrick Michaels, Cato at Liberty, 9 December 2014

Second week COP ritual: Hopes for Lima climate conference unravel. As thousands of people took part in a colourful march through the centre of Lima demanding action to “save Mother Earth”, ministers and delegates from more than 190 countries were struggling to salvage the UN climate conference here. Earlier optimism about a successful conclusion this weekend is unravelling as the text being negotiated has “ballooned” out of control, with more and more amendments tabled by countries and blocs seeking to have their points of view reinforced. Miguel Arias Canete, the new European climate action and energy commissioner, conceded that “not a single paragraph has been agreed” in a text that had grown to 100 pages or more, making it “very difficult for ministers to reach agreement”. –Frank McDonald, The Irish Times, 11 December 2014

Second week COP ritual: For a sense of the frustrating tenor of climate negotiations underway here, which aim to agree on a clear outline of a new international climate-protecting agreement, consider this: One of the two draft documents being thrashed out had, by Wednesday morning, with just three days of a fortnight of talks remaining, ballooned into an unworkable 52-page opus. And not a single paragraph within the latest iteration of that 52-page draft had been agreed upon by the troop of international climate negotiators. The ballooning text is a manifestation of what has become normal practice during annual climate negotiations, with nations posturing for days before finding some middle ground just as the talks wrap up. –John Upton, Business Spectator, 11 December 2014

Greenpeace activists are facing criminal charges for damaging the Nazca Lines in Peru during a publicity stunt. The 20 activists are accused of leaving footprints in the desert while they unfurled a banner next to a figure of a hummingbird, which is part of a Unesco world heritage site. Luis Jaime Castillo, Peru’s deputy culture minister, said the government was seeking to prevent those responsible from leaving the country while it asked prosecutors to file charges of “attacking archaeological monuments”, a crime punishable by up to six years in prison. –Ben Webster, The Times, 11 December 2014

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December 11, 2014 1:30 pm

The gourmet “slops in the trough” seem to be dwindling. Good riddance to the idiocy.

Reply to  cnxtim
December 14, 2014 11:23 pm

No, spending 7 trillion on two unjust wars that are blowing up in our face isn’t the problem, nor sinking billions into NSA, which has so far uncovered NOTHING. Not one terrorist plot. Spending money on understanding vital components of our life support-system and trying to mitigate whatever turbulence we’ve caused is where the real ire lies…..HA ha ha. The whole framework of this discussion is so skewed, it would be laughable if the stakes weren’t so high.

Reply to  MontanaVeteran
December 15, 2014 1:32 pm

According to the CBO, the cost of 10 years of war was only $1.29 trillion. And it has not gone up by $6 trillion in the past 3 years.

December 11, 2014 1:36 pm

Great coverage Anthony!
Here’s an image related to the Greenpeace vandalism.

george e. smith
Reply to  John
December 11, 2014 5:15 pm

Is that a real photograph; or is it photo-shopped ??
If that is real, I can’t believe that all those people aren’t in Jail. What they won’t vandalize in the pursuit of their insanity.

Reply to  george e. smith
December 11, 2014 5:19 pm

It’s real George. They used some kind of fabric and held it down with some kind of heavy objects.

Reply to  george e. smith
December 11, 2014 8:27 pm

So Greenpeace moved the archeological invaluable rocks in Peru around holding down vast areas of waste plastic sheets made from oil, eh?

Gary Plyler
Reply to  John
December 14, 2014 3:04 pm

Let’s face it. These yahoos wanted their free trip to Peru, paid by Greenpeace, airfare, hotel, meals, rental cars, the works. No thought was given to defacing a 1500 to 2000 year old archeological wonder. These people believe in the “consensus” view and therefore they think their actions are protected. Well, I hope they get some prison time in a place where only Spanish is spoken.

Peter Miller
December 11, 2014 1:40 pm

Economic illiteracy and bad science have created today’s incredible situation, where Republican majorities in the House and a Senate may be the only thing currently standing between us and global economic suicide.
The Paris climate meeting next year must be a repeat of Copenhagen or the economic cost to all the people of the world will be incalculable and irreversible.

Reply to  Peter Miller
December 11, 2014 6:00 pm

COP 21 must clear the way for the full implementation of Agenda 21, the real disaster.
I hope and pray it fails completely, like Copenhagen, otherwise we’re really doomed.
The signs are encouraging though, even Germany is pulling back.

Reply to  Scarface
December 11, 2014 7:00 pm

If it doesn’t, I may have to move to one of the countries that will benefit from the trillions of $$$ that will be paid out.
It’s ironic that I may be able to move to a foreign country and get more from the U.S. Gov than if I stayed here in my own country.

Reply to  Scarface
December 11, 2014 11:00 pm

It’s ironic that you could come to the U.S. from a foreign country and get more from the US government than if you were born here.

Reply to  Scarface
December 12, 2014 1:01 pm

ijmmaine and eyesonu, +1 and +1

December 11, 2014 1:44 pm

There are a few golden nuggets in the bill – this is one of them.

Reply to  philjourdan
December 12, 2014 3:28 am

it is, BUT the section removing the dodd franks halting banks n derivatives seems to have been passed if theyve agreed..
thats a BAD Bad thing. taxpayers get to bail the banks again if so.
might end up costing you all more than the climate scammers:-(

Steve from Rockwood
December 11, 2014 1:47 pm

And all is right with the world…

Ryan S.
December 11, 2014 1:48 pm

The US has much bigger problems than climate change. 3 Billion is what you yanks burn through in 6 hours of running the federal government. Maybe your president should look into that?

Reply to  Ryan S.
December 11, 2014 2:01 pm

He has. His statement was that he is aiming to become more efficient and burn through 3 thousand million in only 3 hours in the near future.

James the Elder
Reply to  ShrNfr
December 11, 2014 3:22 pm

Such old news. The latest bill being debated spends 5.5B per HOUR.

Reply to  Ryan S.
December 12, 2014 6:41 am

The President look into it? He would try to figure out how to INCREASE it!

December 11, 2014 1:51 pm

Maybe they can often some Donkeys in sacrifice to atone for climate change…

Tom J
Reply to  roachstaugustine
December 11, 2014 4:01 pm

Obama is a Democrat. The elephant is a symbol for a Republican. And the symbol for a Democrat is a … donkey! I cannot possibly agree with you more, sir!

December 11, 2014 1:57 pm

Here is a draft document for them to agree on:
“CO2 has very little, if any, damaging effect on the climate of the earth, so we are all going home now.”
Some hope ….. .

December 11, 2014 1:57 pm

Humm, this raises the possibility of the climate giveaway threat being nothing more than a bargaining chip alongside other, more important chips in the budget game.

December 11, 2014 1:57 pm

“The President’s climate change agenda has only siphoned precious taxpayer dollars away from the real problems facing the American people. –Senator James Inhofe”
When you’re 18 trillion dollars in debt, and your view of the future doesn’t extend past the next election cycle, well what do you do ?
Yep, buy more votes.

Rud Istvan
December 11, 2014 2:08 pm

Foreshadowed by the Bonn meeting. Foreshadowed by the Small Island nations stance (essay Carribean Water in Blowing Smoke). Paris will be a debacle greater than Copenhagen after Climategate. Thanks to the pause, increasing ice at both poles, and the looming electricity crunch in renewable leaders UK, Germany, and California.
No way is this lame duck session or the next Congress handing billions to UN bureaucrats acting as bag men for developing world ‘green’ extortion. And the $10 billion goal was a down payment. The Green Climate fund was supposed to be $100 billion per year through at least 2020, which the UN’s Christine Figueroa considered insignificant. She should have her UN expense account taken away as a dose of reality.

Mike McMillan
Reply to  Rud Istvan
December 11, 2014 2:27 pm

Never underestimate the compassionate generosity of our elected representatives. There’s probably some green money tucked into the latest thousand page bill.
But on a cheerier note, as Peru hosts the latest green confab, they are also demonstrating their lack of a sense of humor with Greenpeace’s latest stunt.

george e. smith
Reply to  Mike McMillan
December 11, 2014 2:34 pm

Greenpeace now fully meets the definition of “Eco-Terrorist.”

Reply to  Mike McMillan
December 11, 2014 2:59 pm

Anything is acceptable, so long as it’s done in the name of the Noble Cause.

Reply to  Mike McMillan
December 11, 2014 3:50 pm

At some point, they’ll run into a police or military force that will just start gunning them down. While millions will be wailing and crying, I’ll be happy. ALL terrorists, once they start on the terror path, need to be put down like the animals they are. If you let them get away, they don’t rehabilitate… they just become democrats.

Bubba Cow
December 11, 2014 2:10 pm

“troop of international climate negotiators” – got that right

jon sutton
Reply to  Bubba Cow
December 11, 2014 4:37 pm

Troupe, I think

December 11, 2014 2:11 pm

Looking at that picture of the protesters with the actionaid banner I wonder who paid for those jackets and hats? And banners and signs and….Lots of bucks from somewhere. All very professionally done.

Alan Robertson
Reply to  Colin
December 12, 2014 4:20 am

There’s a reason that they’re wearing Red…

Reply to  Colin
December 12, 2014 11:30 am

Sorry to be a pedant, but shouldn’t there be a comma after ‘countries’? Otherwise it just reads like a statement of fact.

December 11, 2014 2:13 pm

I’d like to dedicate a song to the House Republicans, with my thanks…
When something goes wrong
I’m the first to admit it
I’m the first to admit it
But the last one to know
When something goes right
Oh, it’s likely to lose me
It’s apt to confuse me
Because it’s such an unusual sight
I swear, I can’t get used to something so right
Something so right
Something so right

Ralph Kramden
December 11, 2014 2:15 pm

blocking taxpayer dollars from going to the United Nations global warming fund
You ain’t seen nothin’ yet, the new congress takes office in January.

December 11, 2014 2:23 pm

The conservative media has really been doing a poor job in reporting on this bill. It is not “Boehner’s” or even the House Republicans’ bill. This is the bill that implements the Ryan / Murray budget compromise that was reached a year ago. Senate Democrats have had as much of a hand in crafting this as House Republicans have. It has been coming for a year, it wasn’t a secret. It is the manifestation of this:
It ALSO defunds DHS in February forcing a new appropriation for that agency once the Republicans are seated in the Senate. That was a response to executive action on immigration which is done via the DHS. Boehner has managed to defund DHS with this bill.

Reply to  crosspatch
December 11, 2014 2:42 pm

This being the case, I’ll reserve judgment until May 15. :=)

Reply to  crosspatch
December 12, 2014 3:34 am

wow defunding DHS?
now thats excellent.
cant believe the power n abuse theyre in control of.
bit of a curate egg some good some bad.

Reply to  ozspeaksup
December 12, 2014 8:16 am

Not a bad start.
Now, how about cut backs in the IRS and EPA and Dept of Energy and Dept of Ed.
Time to renegotiate some spending.

Patrick Bols
December 11, 2014 2:32 pm

my big hope is that the new congress will take the right measures to bury this climate nonsense for ever.

DD More
Reply to  Patrick Bols
December 11, 2014 2:59 pm

Looks like the big funding bill will bury the climate nonsense, but not in the way you want.
8. EPA For all the talk about Republicans holding up the agreement to fight EPA regulations, none of the riders defunding Obama’s climate rules were included in the bill. The bill provides $8.14 billion in funding for the EPA, $250 million more than the president’s request. – See more at:
They seem to be burying it in cash.

Reply to  DD More
December 11, 2014 11:18 pm

It appears the Republican leadership was Grubering you guys. Like I said they would.

Reply to  DD More
December 12, 2014 4:41 pm

Care to refresh my memory of what “leadership” means, while gloating ?

December 11, 2014 2:32 pm

There are no rich nations, there are only rich people. And I define “rich” as any person in that group who has the time and money to buy matching red suits and black hats for sole purpose of wearing it to a protest about global warming when the globe is warming at an average rate of 0.01 degrees C per year. So lets start by handing all of them a bill for $1000 a piece, if they can afford to buy those suits and hats and miss work to travel to a protest like that then they can afford a G-note to help their own cause.

Reply to  Steve
December 11, 2014 7:04 pm

I disagree. “Rich nations” are those that manage to maximize the amount of money they can withhold from their citizens. Debt means nothing to them…and has nothing to do with the definition, because we’ve allowed that to transpire.

December 11, 2014 2:39 pm

“As the deadlock continues, the UN will announce that the meeting is going to go overtime.”
I expect the overtime will go something like this one:

December 11, 2014 2:41 pm

I say it’s high time you meanies printed some real Green money to dole out to these people. Howzabout printing ‘Greenfronts’ with Obama’s smiling face on them and blank on the back representing their colourless, odourless gas. That way Green people get the trillions they want to spend among themselves and everyone goes home happy.
You just have to think outside the rectangle locally and transact globally and no nickels and dimes, stingy, Bitcoin thinking will cut it here.

December 11, 2014 2:50 pm

The climate conference in Lima may not be doing well in meeting its money goals, but you can be assured the top shelf restaurants, bars, and hookers are doing very well.

Reply to  TomE
December 11, 2014 3:03 pm

Not sure about the local hookers as my sources tell me their union is considering pulling them out on strike due to the massive influx of overseas scabs and pimps.

Reply to  observa
December 11, 2014 6:11 pm

The overseas scabs and pimps would be pleased if the locals went on strike. More money for them.

Tom J
Reply to  TomE
December 11, 2014 5:01 pm

You mean the U.S. Secret Service is attending the Lima climate trade show and sales meeting?

December 11, 2014 3:16 pm

How sweet! Now the USA stands in great company with Australia!.
Six years in a Peruvian prison will do the greedpiece pirates a world of good.

December 11, 2014 3:34 pm

Control Debt or Climate?
US National Debt is now $18 trillion or $153,726/taxpayer.
Gross debt has reached $59 trillion or $729,260/family.
See US Debt Clock
So why should we try to control climate?
Especially when the world sees that priority as dead last 16/16?

old construction worker
December 11, 2014 3:53 pm

Another attempt for UN funded welfare system.

Alan the Brit
Reply to  old construction worker
December 12, 2014 7:02 am

I agree in part, however you have left out that the UN has NO money, it is what wealthy Nations contribute to it that keeps it going! Just like Governments have NO money, it’s taxpayer money not the governments!!!! 😉

William Astley
December 11, 2014 4:18 pm

The Obama administration ignores the can that is kicked down the road($127 trillion unfunded future liabilities). La! La! La! I can’t hear you. It is easy to be magnanimous borrowing more money to spend on the scam of the day. I am a hero, I just promised to borrow more money to spend on ….
(P.S. Perhaps the true believers can send their hard earned cash direct to the UN. Just kidding, spending borrowed money is so much less painful. Do the young people understand what it will be like to live a Greek economy?)
As the baby boom ages the situation will change from sever, to currency crisis, to Greek default.

The federal unfunded liabilities are catastrophic for future taxpayers and economic growth. At, federal unfunded liabilities are estimated at near $127 trillion, which is roughly $1.1 million per taxpayer and nearly double 2012’s total world output.

Reply to  William Astley
December 11, 2014 10:21 pm

We (the US) can never be like Greece. Greece gave up its sovereign currency when it joined the EU and adopted the Euro. Greece is like the US state of Georgia in that it cannot create it’s own currency out of thin air. It has to earn income, just like every US state & local govt, business, and household. (Same with Spain, Italy, Portugal, and every other country that uses the Euro…why do you think they are all broke now, except for Germany, which carried the highest debt before the Euro was adopted? Because all the other EU countries are paying for Germany’s success. Perhaps the better word is ‘sacrificing’.)
The US can, however, become like Japan.

Reply to  William Astley
December 11, 2014 10:44 pm

The federal unfunded liabilities are catastrophic for future taxpayers and economic growth.

Complete poppycock. Taxpayers do not pay for unfunded liabilities, and economic growth is contingent upon fiscal policy–the distinct constitutional job and duty of congress to enact–and not tax revenue. If the common-sense-challenged Congress spent as much time informing themselves of how real macroeconomics and the federal monetary system works as it does passing laws for Israel, and for and against Iran, Russia, and the Ukraine, we might have come out of the recovery by now. But we keep voting in idiots.

Reply to  policycritic
December 12, 2014 3:44 am

Let me be clearer: complete poppycock on the part of Forbes Magazine. “Federal unfunded liabilities” are an accounting artifact. For those who understand double-entry accounting this will make sense. The right side of the ledger are liabilities (and equity/capital). When the US federal government issues–creates–currency, or “spends,” it is recorded on the right side of the ledger as a liability, or an I.O.U. It is, in fact, interest-free money that never has to be paid back. (The asset, or left-sde of the US federal government ledger, records whatever that money bought, by “congressional appropriation.” This is how all the large public works and infrastructure have been correctly recorded since 1791; during gold-standard years, however, the asset on the left side was gold; hence, the need for a “debt limit” [1917] and the congressional requirement that the Federal Reserve issue treasury securities to rebalance the money supply.)
Yaas, yaas, money, real money, is called “debt” at the federal level. But that’s because it’s an accounting term. At the federal level, there is no “debt” the way state and local govts, businesses, and households recognize debt. This latter debt must be paid back, requires collateral, and there is a strict repayment schedule, just like our loans from a bank, or friends, or mortgages.
The two sides use the same term–because they are using accounting nomenclature–but they mean completely different things.
Federal debt is money, equity.

Reply to  policycritic
December 12, 2014 3:54 am

Forgot to add: the “debt limit” is a meaningless restriction that should have been removed by congress, but congress became otherwise occupied by WWII. Ditto the treasury securities part, except that after we went off the gold-standard in 1933 and the FDIC with a commercial limit was introduced, treasury securities was a way for rich individuals, pension funds, university funds, corporations, banks, foreign investors and govts, to park their $USD in safely secured savings, sort of like a government CD. At the beginning of 2008, the FDIC limit for commercial banks was $100,000. After October 2008, the FDIC limit was $250,000.

Tom J
December 11, 2014 4:45 pm

I have to admit, I couldn’t agree more with those protestors in the photo above, wearing red and holding a banner reading, ‘Rich countries pay your climate debt.’ But, in a true spirit of solidarity, I believe that elemental logic requires that their demand should be refined to the demand that the ‘rich’ of the rich countries should be the first to cough up the moola. Thus, James Hansen can be one of the first to reach into his wallet and pull out that wad of bills totaling a quarter mil (that ‘present’ from Theresa Heinz Kerry) and slide it on over. Speaking of Kerrys, he can convert a few of his (and mostly wifey’s) mansions into section 8 housing and send the rents as part of his debt. And, I consider his yacht as part of his debt, he can convert it and donate it as a fishing boat. Speaking of boats, Leonardo DiCaprio can take an equal amount of money to the money he paid to rent out a 470′ yacht (yeah, I know that’s a little bit bigger than boat size) for a party, and fork it on over to pay his climate debt. Oh, and Harrison Ford, no more taxpayer funded, NOAA sponsored thrill rides on fighter jets to enlighten us on AGW. I’d say your time would be better spent wrapping up about a couple million Benjamin Franklins (c’mon you can afford it) and handing it over as part of your debt. Al Gore … c’mon guy, you’ve got the money, let’s put it where your mouth is. Cough it up big boy. Maurice Strong? Robert Redford? Podesta? C’mon, let’s see who’s first in line.
I’d say, just like those protesters, we should demand this; demand this very thing. Funny, but I’ll bet CAGW would disappear overnight. Let’s see.

Reply to  Tom J
December 11, 2014 7:07 pm

How about instead, you take all of the “donations” you outlined above, and so something REALLY radical, like fund Soc. Security with it??????
In other words, something MEANINGFUL, that would have an actual impact on an actual problem.

Will Nelson
December 11, 2014 4:49 pm

An example of positive unable to agree feedback:

“not a single paragraph has been agreed” in a text that had grown to 100 pages or more, making it “very difficult for ministers to reach agreement”

December 11, 2014 5:01 pm

“Greenpeace activists are facing criminal charges for damaging the Nazca Lines in Peru during a publicity stunt.”
Aren’t these the same people who would protest a mining or oil company coming within miles of the Nazca Lines on the grounds that they might cause them damage? What hypocrites!

December 11, 2014 5:04 pm

Harper (Prime Minister of Canada) calls climate regulations on oil and gas sector ‘crazy economic policy’

December 11, 2014 6:32 pm

If countries owe other countries because of their cross border impact, can we claim money back for aid, medicine, technology, legal and economic systems that lead to wealth, and provision of knowledge.
What, for example, has been Peru’s contribution to any of the above?

Reply to  Chip
December 11, 2014 7:08 pm

They hosted the conference? 🙂

Mike Maguire
December 11, 2014 7:13 pm

While the work furiously to get everybody on board, they overlooked one important item……….the planet has been “greening” up for the last several decades, thanks to increasing CO2 and a slight beneficial warming.
One figure they will never get on board with this agenda is “Mother Nature”.

December 11, 2014 7:23 pm

Rich Countries?
Wouldn’t the lefties at GroanPrice say Countries were a social konstruk?
To call on the social construct called “Rich Country Name HERE”, is then the equivalent of asking something that does not exist to give lots of money!, to something else that does not exist “Poor Country name HERE”.
To be a Rich country, you could in theory have One Billionaire living near a population earning a dollar a day.
That’s an average weekly income of $9,615.39 according to Excel.
Strawman argument I know, but out of interest which countries, that don’t really exist, have a high weekly wage?.
The average wage, calculated by the International Labour Organization puts Luxembourg at the top of weekly average wage at $4,089.
The U.S comes in at 4th at $3,263. 4TH! (WTF – they all drive hummers and live in mansions /sarc)
The U.K $3,065 at 5th place. Austria does better!
Ranked 15th – The lazy Aussies only earn a pitiful $2,610 a week.
Ranked 22nd – The laid back, nearly comatose New Zealanders earn a paltry income of $2,283.(lazy b@$t@rd$!)
From Wikipedias List_of_countries_by_average_wage (grain of salt and all that.)
India comes in ranked 69 at $295 a week,…hmmmm, what about all those billionaires?
According to Forbes, The combined net worth of the 2014 class of the 100 richest Indian’s is $346 billion.
And China? 190 Billionaires, combined wealth of $440 Billion.
The aggregate wealth of the worlds richest people – gotta love Forbes – is $6.4 TRILLION.
I think GroinPeice are actually after the wealthiest people,…surely, since countries are a social construct that doesn’t really exist.
And who is funding the Green Blog? Oddly enough, numerous members of the worlds richest people club.
GroinPrice, ring Forbes, they’ll hook you up with unlimited funds,…now PHUK OFF!
(Thailands 50 richest aggregate wealth $97 Billion.)

Reply to  zenrebok
December 11, 2014 10:39 pm

“To be a Rich country, you could in theory have One Billionaire living near a population earning a dollar a day.
That’s an average weekly income of $9,615.39 according to Excel.”
We are a home schooling family, so of course we got our son his own copy of How to Lie with Statistics. That happened to be his favorite example.
What next – perhaps some economist has written a book about how to adjust up the one-dollar-a-day income using Purchasing Power Parity. That comes out to even more. Then you have some seriously rich peasants.

December 11, 2014 7:27 pm

Perhaps the poor nations would like to pay for their food for starters.

December 12, 2014 2:35 am

I had a UN funding suggestion on this thread.
Perhaps the UN could also hold a monthly bake sale in the lobby of the UN building.

December 12, 2014 3:10 am

I look for the day for all this madness to end, will I make it alive till then? I’m not even 30…

Reply to  mountainape5
December 12, 2014 3:55 am

dunno mate,
wouldnt hold my breath.
as soon as the warming bullshit fails utterly(almost) then hansen strong gore and all the newboys tagging on will do a fast swapover for the same crap re cooling
just too much money n power to let go of.
rip us off for funds when we need what we have to enable us to help cope with whatevers coming

Mickey Reno
December 12, 2014 6:31 am

Heh, heh. Another COP session going to hell. What a surprise. And another upside, maybe we can get a charming repeat of the jailing of Greenpeace activists in Peru to mirror those jailed in Russia for vandalizing and trespass on the Arctic drilling rig. I loved reading the distraught letters home from those jailed children. So uplifting. Why anyone would continue to donate money to this group is beyond me. Please stop giving them money and let this herpes sore on the lip of humanity die out.
Thank you, U.S. Congress, for trying to stop some of the insanity. I don’t care how low your approval ratings are. In this, you did good. Oh, and could you please work to kill off the EPA’s ability to continue with it’s CO2 Endangerment Finding? I’ll vote for you if you do.

December 12, 2014 11:19 am

Finally some rational decision making in Washington. To spend billions of dollars annually for a non existing climate threat that was created by the alarmists through the exaggeration of climate science and projecting of false worst case scenarios would have been quite wasteful. Annual US temperature anomalies have been trending negative for 16 years at (-.36 F/decade) and 2014 will most likely make it 17 years. There are much more rational places to spend taxpayers money in United States like repairing the badly deteriorating
infrastructure .

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