Green from taxpayers being sent to Red China courtesy of Bejing Biden.
Blaze Media (4/21/23) reports: "President Joe Biden has pledged to blow $1 billion on a foreign eco-socialist fund that redistributes Western wealth to so-called vulnerable countries such as China, an adversarial superpower with a GDP pushing $18 trillion. In his speech Thursday at the 2023 Major Economies Forum on Energy and Climate, Biden warned of the impact of bad weather on faraway nations, suggesting that 'as large economies and large emitters, we must step up and support these economies.' Despite economic troubles at home, Biden stressed that he was 'pleased' to announce that his administration 'is going to provide $1 billion to the Green Climate Fund, a fund that is ... critical in ways to help developing nations that they can’t do now.' The White House confirmed that $1 billion of Americans' money would be sent to a United Nations Green Climate Fund, thereby bringing total U.S. contributions to the GCF to $2 billion. Biden indicated in 2021 he'd like to boost that number to $11 billion a year by 2024. According to the GCF, this latest American contribution represents 1/12th of its current portfolio, which redistributes Western wealth, 'delivering transformative climate action in 140 countries.'"
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"Good policy makes for good politics—something clearly forgotten by Biden, Shapiro, and others who seem intent on pursuing a plan that will destroy American energy production, cost consumers, and alienate the electorate."
– Victoria Coates,
Heritage Foundation
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