Connect with us

In the Midst of Economic Crisis, Biden’s Budget Invests Nearly $40 Billion to Fight Global Climate Change

US president Biden

Politics

In the Midst of Economic Crisis, Biden’s Budget Invests Nearly $40 Billion to Fight Global Climate Change

‘The Biden budget has one-sixth of a page on the opioid epidemic followed by six pages about climate… ‘

(Tony Sifert, Headline USA) Even a land war in Eastern Europe, as well as severe inflation and rising crime rates at home, can’t stop the Left from pouring billions into its radical climate change fixation.

.@RepBoebert: “Let’s see what Democrats really value. The word military appears 26 times in this budget, but gender, it’s used 43 times. Equity, well that’s used 75 times and climate is used 187 times in this budget. Americans sure do understand what Democrat priorities are.”

According to CNBC, President Joe Biden’s recently unveiled $5.8 trillion budget proposal includes at least $36 billion to “fight global climate change.”

The budget includes $10 billion for clean energy innovation, $6.5 billion for rural clean energy storage and transmission projects, $4 billion for climate research, and $1.4 billion for environmental justice efforts, according to CNBC’s analysis.

In a press release, the White House pitched the spending as a job-creation program for the “clean energy” industry, and claimed that “at least 40 percent of the overall benefits from tackling the climate crisis [will] reach disadvantaged communities.”

“A core pillar of President Biden’s economic agenda is creating good-paying union jobs and reducing energy costs by tackling the climate crisis,” the White House said.

According to the Natural Resources Defense Council, Biden’s budget is focused on mobilizing “key U.S. agencies and funds to drive investments that rapidly cut emissions this decade to keep the chance of holding global temperature increase to 1.5°C (2.7°F) alive.”

The council also lauded Biden’s willingness to commit more than $11 billion annually to “international climate finance.”

In September 2021, Biden told the U.N. General Assembly that “the United States would provide more than $11 billion of climate aid annually by 2024 to assist poorer countries vulnerable to extreme weather and rising temperatures,” Politico reported.

“This will make the U.S. the leader of public climate finance,” Biden said.

Rep. Marjorie Taylor Greene, R-Ga., used Twitter to criticize the government’s focus on climate change when inflation continues to rise.

Biden’s $5.8 TRILLION budget is loaded with America’s last climate change energy loss spending and woke environmental justice & fake equity spending but does nothing for Americans suffering from inflation costing them $3,500 extra per year.

“Biden’s $5.8 TRILLION budget is loaded with America’s last climate change energy loss spending and woke environmental justice & fake equity spending but does nothing for Americans suffering from inflation costing them $3,500 extra per year,” she wrote.

The Biden budget has one-sixth of a page on the opioid epidemic followed by six pages about climate.

Continue Reading
You may also like...

More in Politics