The Biden administration is not making announcements on how the federal government would assist those who need shelter or assistance with heating costs as Winter approaches most of America; instead, they are highlighting how they will assist foreign nations rather than the people living here.
Our own countrymen’s predicament appears to be less significant than that of those in other nations experiencing climate change. According to an opinion piece in the Wall Street Journal, the United States has just agreed to pay up to a billion dollars to underdeveloped nations as “climate reparations”:
The use of climate policy to fleece Americans only gets worse, and this past weekend saw the conclusion of the United Nations climate summit in Egypt with an agreement on a new fund to compensate developing nations. Here we are at the most recent climate shakedown.
What Zero Hedge relates:
The 2015 Paris Agreement proposed that wealthy nations make up for climate damage, with the justification that industrialization had raised temperatures and triggered natural disasters. This year’s U.N. conference finally included a formal framework for making climate reparations on the agenda due to pressure from developing nations.
Europe betrayed the United States on Thursday by advancing an agreement. Now, wealthy nations—not China or middle-income countries—will establish a fund to pay climate harm for the least developed countries. A “broad donor base” and “mosaic of solutions,” including international development institutions, taxes on shipping, fossil fuels, and aviation, will be used to pay for this.
According to some sources, the US could be liable for up to $1 billion. The entire amount owed was estimated to reach $4.3 trillion in October. At the COP27 climate summit in Egypt next month, the US and other major carbon polluters will be held accountable for paying that amount.
“But China is not contributing. It’s essential to note that out of all the polluters in the world, China is the worst offender, creating 30% of the world’s carbon emissions.”
“Yet, they’re exempt from this outrageous bill. Not one thin dime shall they pay. I’m not a fan of China’s dystopian policies and government, but at least they aren’t causing shortages and suffering in their own country in order to virtue signal how green they are.”
More on this story via The Republic Brief:
Countries might also shake down U.S. fossil-fuel producers in their own courts. Climate reparations will merely serve as another form of global income redistribution. The Biden Administration’s surrender shows again that the religion of climate change is progressive penance for the sin of being prosperous.
Meanwhile, Americans are truly suffering. This isn’t some abstract concept about the planet, this is real. And it’s happening to folks in our own communities, Zero Hedge notes.
We’ve repeatedly discussed the effects our current economic crisis is having on Americans. We talked about how they’re skipping meals and how they can’t afford medical care. We’ve been warning for years that they are struggling to meet their most basic needs. We live in a nation that destroyed itself during the Covid pandemic and has left its people hanging out to dry, with no jobs, no money, and no hope. CONTINUE READING…