BIG TENT IDEAS
GORDON CHANG: Biden Falls For UN-China Climate Money Grab
DAILY CALLER NEWS FOUNDATION
Gordon Chang
Contributor
November 29, 2022 9:12 AM ET
“A money-grab.” That’s how Charles Burton of the Ottawa-based Macdonald-Laurier Institute, described the U.N.’s “loss and damage”— “reparation”— fund for the climate. (RELATED: DEBRA SAUNDERS: The Administrative State Can Put A Bug In Your Phone)
Unfortunately, President Joe Biden at the just-completed COP27 climate summit in Egypt committed the U.S. to paying into a newly established pool. The fund is an outgrowth of a 2009 pledge by developed countries to transfer $100 billion annually to developing economies for climate purposes.
Congress under no circumstances should authorize any payment to the loss and damage fund.
As an initial matter, the principle of reparations is pernicious.
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READ MORE: https://dailycaller.com/2022/11/29/opinion-biden-falls-for-un-china-climate-money-grab-gordon-chang/
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