Guest essay by Eric Worrall
Back in March WUWT reported how President Obama transferred $500 Million to the UN Green Fund. According to Mother Jones, he has just done it again.
Obama Just Took One Final Step to Fight Global Warming
And there’s nothing Donald Trump can do about it.
NATHALIE BAPTISTEJAN. 17, 2017 4:17 PM
President Barack Obama has made one final contribution to the fight against global warming on his way out the White House door. On Tuesday, Obama transferred $500 million to the UN’s Green Climate Fund, a key program set up to finance climate change adaptation and renewable energy projects in developing countries. That’s on top of another $500 million the Obama administration had already given to the fund.
… Trump won’t be able to reverse payments to the UN that have already been made.
Obama’s total contributions of $1 billion are still far short of his $3 billion pledge, but his actions are drawing praise from climate activists. “The Obama administration is refusing to let President-elect Trump’s posse of oil barons and climate deniers dictate how the world responds to the climate crisis,” said Tamar Lawrence-Samuel of Corporate Accountability International in a press release. “This victory is the climate justice movement’s opening salvo to the Trump presidency. And we’re not going away.”
Read more: http://www.motherjones.com/environment/2017/01/obama-500m-green-climate-fund
I hope President Trump defunds the lot of them. The UN might be laughing about having received a billion dollars of US taxpayer’s money to which they were not entitled. Obama might be laughing about his joke on the American people. But President Trump has the power to stop this nightmare – let us hope he uses it.
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I missed this one….
EMEC Wins Verdict
EASTERN MAINE ELECTRIC COOPERATIVE WINS $13.6 MILLION JURY VERDICT
http://www.emec.com/node/183
On Friday November 18th, a Bangor, Maine jury found, after a four day trial, that five wind power companies breached their contractual obligation to negotiate in good faith, and returned a $13.6 million verdict in favor of Eastern Maine Electric Cooperative (the “Cooperative”). The unanimous verdict against the defendants was reached after about two hours of deliberations.
The Cooperative’s CEO, Scott Hallowell said, “The defendants’ breach denied the Cooperative of the benefits of the deal, and forced the Cooperative to take legal action.” Hallowell said, “We are extremely pleased with the verdict, as it vindicates the Cooperative’s position that the wind companies did not negotiate in good faith. We have not yet heard whether the defendants will appeal, but if they do so we will vigorously defend the jury’s verdict.”
The contract required the wind power companies to act in good faith to finalize the sale to the Cooperative of a section of an electric transmission line, which provides transmission services to wind farms owned by three of the defendants. The parties had agreed that the three wind farms would pay for costs, including repairs and upgrades to the line, which is standard electric utility practice across the country.
The Cooperative was represented by Sigmund Schutz, Joe Donahue, and Ben Piper of the law firm Preti Flaherty, LLP. The Cooperative’s lead trial counsel, Sigmund Schutz, said, “The Defendants had sellers’ remorse and breached their good faith obligation. The jury agreed and awarded all of the damages we requested at trial.” Schutz added, “The verdict is among the largest jury verdicts ever awarded in Maine.”
The Cooperative entered into the contract in 2011 with First Wind Holdings, LLC and four of its former subsidiaries (Evergreen Gen Lead, LLC; Evergreen Wind Power III, LLC; Stetson Holdings, LLC; and Stetson Wind, II LLC), for the sale of a section of an electric transmission line, the Stetson Line, to the Cooperative. First Wind Holdings, LLC is now owned by SunEdison. The subsidiaries are three companies that own wind farms, Stetson I (Stetson Holdings, LLC); Stetson II (Stetson Wind II, LLC); Rollins (Evergreen Wind Power III, LLC); and the company that owns the Stetson Line (Evergreen Gen Lead, LLC). These four entities are now owned by TerraForm Power, Inc. (NASDAQ: TERP).
=======
Note: First Wind was sold to SUNE. They went under and the First Wind crew has formed another company, Longroad Energy Partners, based in Boston and San Francisco.
I’m not finished with them at all….
Thank you for informing us. Detailed knowledge of the many green energy failures would surely change the public’s perception of these schemes. In my homev state we subsidized an entire solar supply chain which promptly collapsed. Reporting on the promises was extensive. Reporting on the collapse is non existant.
We are also subsidizing wind but that comes from another state altogether. Hard to make this stuff up.
We are closely following a very significant development related to the above regarding Longroad Energy. Also note media did not (we believe intentionally) run the above story I linked to. TERP investors should take note.
China has lots of money. Maybe Corporate Accountability International and all the rest of the piggies at the tough can ask China for a few billion.
/snark
The world is spending 700 times this amount on climate research and green energy projects
We have to stop all of it, not just this measly $500 million.
2014 spending worldwide was $367 billion (and they haven’t updated it since it got too high to count anymore).
https://climatepolicyinitiative.org/publication/global-climate-finance-updated-view-2013-2014-flows/
[that’s just too stupid to print, find another source besides Greenpeace – Anthony]
So, all you have to do is join up the dots and see how this money gets to Saudi Arabia !
http://www.michaelsmithnews.com/2016/12/julie-bishop-looking-forward-to-co-chairing-un-green-fund-with-saudi-arabia.html
Always thought Obama was a Muslim.
BTW, you can see this $500 million as an enforced payment of Jizya (Tax) to the Islamic state !
“we will always have Paris” so they hope right. The green blob must, absolutely must spread it’s pain as widely as possible. We understand why. Who wants to take that final step to the level beyond in the fiery tail of the economic Hale-Bopp comet alone. On my local obsession with the TVA I was searching out the roots of the wind power contracts we have with Illinois based wind farms. The Portuguese EDP Group/Euronext owns those and they rotate (not sell I suppose) 20 year contractual profits to… wait for it… the Ontario Public Employees Pension Fund. Didn’t we just have a post about the disastrous energy policies of that hapless province. Aren’t the ratepayers crying on the millennial wunderkinds shoulder about their power bills in public. Leave it to government employees to come south for sweet returns in their retirement after having participated in the gutting of their own nest.
Oh but we are not nearly done ripping off TVA ratepayers aka the people. They are likely about to sign a much bigger deal for wind power from Oklahoma with the mega wealthy Ziff bros standing by to catch the largess for decades to come. Cant we just import a few of their more obviously gaseous citizens and let them roam the streets of Nashville. It would be a better deal.
Wasn’t approved by congress. This is theft.
That’s what I was wondering. Where does Obama come up with half a billion dollars without going through Congress? He’s certainly not paying it out of his own pocket. But then I remembered Paul Ryan saying something about fully funding Obama’s programs to avoid a government shutdown. Were these payments to the U.N. Green Fund part of the budget Congress approved last year? If so, shame on Congress! Those cowards like to talk big about holding the line on spending, and then they quietly approve every spending program the Democrats want.
Ryan didn’t pass a budget: IIRC, it was a “continuing resolution”, whatever the hello that is.
in fact, i’m pretty sure there hasn’t been a budget passed the whole time the #SCOAMF has been in office.
redc1c4,
I had to ‘google’ SCOAMF and found this:
Of course when you get your snout in the trough with that great big steaming pile of slush funds, naturally you want complete freedom to move it around among your mates-
http://www.foxnews.com/politics/2014/12/18/10-billion-un-linked-climate-change-fund-wants-immunity-from-prosecution.html
(hat tip JoNova)
Malfeasance and misappropriation of funds. Should be good for 20 years in prison.
Relocate the UN to Deadhorse Alaska. No parking tickets to worry about and they will soon accept the reality of HC’s warming their butts…
(Psst, There’s plenty of cold places in Canada, Norman, I’d first see if we couldn’t sucker them into being the host . . . tell Spud it’ll give him some gravitas . . and diversity . . )
HC? Hillary Clinton?
Hydro carbons, I thought.
Trump should tell them to make it last, because the gravy train days are over. Then cut our payments to the UN to 1/193rd of their basic budget & nothing more. let the rest of the world pony up for a change.
then tell them we’re taking back the land and buildings in NYC to use for American citizens, and they can all move immediately to Geneva & start using the back up HQ there.
What are they going to do? They can demonstrate all they want. Before G.W. Bush invaded Iraq, there were demonstrations all over the world. It didn’t matter, Iraq got invaded anyway.
The folks who put him in the Oval Office did this and he can do what he wants within his powers. Maybe it can be reversed, maybe not, who cares?
He’s out. Gone. History. Now things start over a bit, but make no mistake, the USA is a very large machine rolling in a direction set for it over the course of the past 30 years. I’d argue the course was set in the late 1980’s after Reagan left office. It is sluggish at the helm. It’s going to take time to change its course and those backing the Progressive/Fascist agenda know that. They’ll no doubt use it to their advantage.
Bartleby – Astute assessment. I like to use the analogy of the US of A (or any other large government) being akin to an aircraft carrier or oil supertanker, where the command to change course may be given, but the tiller movement to the new course takes time to overpower the inertial mass of the original course of movement.
That being said, a lot of people just need to STFU (I sparingly utilize such acronyms, but this one seems appropriate here) and as the tiller is about to move to a new course for the US, to get on board the supertanker or aircraft carrier and come along for the ride – as a whole nation. No one trying to change who or what or why you are or want to be…no one stopping you from ‘protesting’ a perceived or actual slight, just give DJT a chance here.
I have a strong feeling (there I go with the feelings again) that DJT and his administration will make every effort to identify and move forward with actions that are in the best interests of the nation as an industrial power. If it plays out otherwise, and the promises made during the election campaigns are either ignored or reversed, I may join you all in the ‘protests’ – although I’m not one to hammer a piece of cardboard to a stick, slather a painted slogan on the sides, and march around in circles for hours chanting…..(H/T to Sebastian Maniscalco).
It’s. All. Going. To. Be. Okay.
Yours in the US of A,
MCR
Pretty sure you and I are on the same page Michael. Thanks for you contribution and support.
Smug look Obama. According to Aussie media he did “Obama Care” and “Clean Power”, his greatest achievements. I am sick and tired of the biased media coverage in Australia about how Obama was great for America and how the Russians “hacked” the election allowing Trump to win.
Get over it lefties/liberals, Trump won! Don’t like democracy, move to North Korea.
“…move to North Korea.” Or, more appropriately, to Russia. Trump’s already worked out a deal with Vladimir.
Well, Obama has certainly set a precedent for Trump to follow, with his chosen spending.
Obama is clearly using money taken from the American people to bribe his way into a new job as Sec Gen UN.
As Obama leaves office and Trump moves in, the Guardian newspaper has launched a climate change propaganda exercise. (More than the usual one, I should say.)
Make that borrowed money for the UN fund as a final exclamation point on a White House political campaign. Just don’t call it science or fiscally responsible.
“And there’s nothing Donald Trump can do about it.”
How about: “Not a penny for the UN general fund until the Green Fund gives that $500m back.”
That’s a good one:
Think of India, developing country, little girls with hungry eyes, staring hopeless into a future without them nurishing NGOs. Why?
http://m.mensxp.com/special-features/today/26061-10-indian-military-weapons-that-will-make-the-enemies-tremble-with-fear.html
Well, as a developing country, litarally Hindi have to threaten their former neighbors, migrated muslim pooled in Pakistan, with remote steered atomic weapons. How will they feed hopeless littal gerrals, sittin’ in the puddles next to the streets without pavements.
Not to think of the Monsoons, region of Kerala, every MonsoonSeason 10 mill. new umbrellas. How will they pay a proper fee to their blue collar workers that never will afford blue collar working suits:
https://www.google.at/search?client=ms-android-samsung&q=popy%20umbrella%20flipkart&ved=0
How will Ban Ki Moon save them; what are we able to spend to god bless our NGOs.
Kerala tristesse mess:
http://m.naturalumbrella.com/
But, bon jour tristesse, Obama take care for yourself.
How does this work ? The President in his last days phones somebody up in Treasury and says cut a $500 million check to the UN and nobody in Congress even says WTF ? No wonder the USA debt doubled under Obama .
Who protects tax payers interests ? NO one ?
v’