More Boodle - This Time to Fight Climate Change
With debt limit raised, Obama launches $1 billion 'climate resilience' fund
As part of his administration's broad effort to fight global warming, President Obama will propose in his 2015 budget a new $1 billion "climate resilience" fund, and the White House expects the proposal to gain traction despite the controversy surrounding the issue.
If it doesn't gain traction as anticipated, what difference does it make?
"The idea of a climate resilience fund is something that should be and we expect will be supported across all parts of the country ... the need to be prepared, the need to take steps that help our farmers and businesses and communities deal with the consequences from severe weather events is evident to everyone across the country," White House press secretary Jay Carney told reporters Friday.
We used to have The Reds Cross to help with things like that. Then we had FEMA, but I think they went into the trailer bidness.
"We've always had heat waves, but now the worst ones are longer and hotter. The cold snaps are snappier, too! We've always had droughts, but the worst one are getting longer and drier. ... We're having 100-year storms that happen every year or every five years," Mr. Carney said, though he dodged questions on whether the president could establish the fund through executive action if Congress rejects it.
Somebody is catching on!
More details about the $1 billion fund will be released when the president unveils his 2015 budget next month, but administration officials are casting it as yet another piece of a bigger plan to mitigate the devastating impacts of climate change.
A bigger plan. There are no limits to what can be done with Other People's Money
Posted by: Bobby 2014-02-17 |