Barack Obama has given us a great deal as he gets ready to depart, like worsening relations with Russia and spreading rumors about Donald Trump being a close friend of Vlad Putin’s. Even this last week, he has managed to become the living gift that keeps on giving.
Spent $1 billion of our dollars this week
Barack Obama gave $500 million to the Climate fund over GOP objections and another $500 million to Palestine in his final week.
The UN climate treaty will cost $100 trillion to have no impact, climate depot warns.
Danish statistician Dr. Bjorn Lomborg, the President of the Copenhagen Consensus Center: ‘We will spend at least one hundred trillion dollars in order to reduce the temperature by the end of the century by a grand total of three tenths of one degree…the equivalent of postponing warming by less than four years…Again, that is using the UN’s own climate prediction model.’
“If the U.S. delivers for the whole century on the President Obama’s very ambitious rhetoric, it would postpone global warming by about eight months at the end of the century.”
“But here is the biggest problem: These miniscule benefits do not come free — quite the contrary. The cost of the UN Paris climate pact is likely to run 1 to 2 trillion dollars every year…”
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