Congress should reject Obama's $3 billion Green Climate Fund

Dec. 3, 2015, Fairfax, Va.—Americans for Limited Government President Rick Manning today issued the following statement urging Congress to include language in the upcoming omnibus spending bill for the remainder of Fiscal Year 2016 that would block any funds from being used to finance the United Nations (UN) Green Climate Fund:

"Congress should just say no to Obama's $3 billion promise to the UN Green Climate Fund by explicitly stipulating in the omnibus that no funds shall be spent on it. The reality is that the U.S. commitment to the Green Climate Fund is anticipated to dramatically expand in the years to come to more than $25 billion annually as part of a $100 billion a year global wealth transfer to developing economies.

"Sen. Jim Inhofe has been at the forefront of this issue, and we urge Congress to follow his lead in ensuring that not one taxpayer dollar goes to the UN Green Climate Fund that will simply redistribute $100 billion a year to developing economies.

"We already subsidize developing economies with world trade rules that grant special and differential treatment, and the new Paris climate deal will exempt developing economies from the punitive regulations that the U.S. adheres to. Not to be outdone, then those same countries will receive $100 billion a year that U.S. taxpayers will disproportionately fund. This is just another bad deal, and U.S. taxpayers will have to pay for it — again. It's time that Congress just say no."

To view online: http://getliberty.org/congress-should-reject-obamas-3-billion-green-climate-fund/