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Friday, December 18, 2009

Hillary Clinton Pledges $100B For Developing Countries

COPENHAGEN -- Secretary of State Hillary Rodham Clinton has promised the United States will help raise $100 billion annually by 2020 to assist poor countries in coping with climate change as long as America's demands for a global warming pledge are met.

Clinton's announcement, made during a packed news conference, represents a major breakthrough in the talks, which had all but ground to a halt last night. But Clinton emphasized that the money is only on the table so long as fast-growing nations like China and India accept binding commitments that are open to international inspection and verification. If other countries don't bend, she warned, the poorest countries will suffer.

Read More: http://www.nytimes.com/cwire/2009/12/17/17climatewire-hillary-clinton-pledges-100b-for-developing-96794.html

3 comments:

Anonymous said...

Maybe she should focus on raising money for America.

Anonymous said...

So let me get this straight --Democrats want to strip 500 Billion from Medicare, eliminating services for seniors, but we will give 100 Billion yearly to Venezuela, Zimbabwe and other cool countries where dictators plunder ,loot, and kill the citizens. WOw great idea.

Anonymous said...

One hundred billion of tax payers money going to dictators that will line their own pockets and not spend a cent of it on to limit global woarning which is a false science anyway. Man has done nothing to create global warming. Things like this go in cycles and would happen anyway with or without the help of mankind. Beside this summit on global warming was going on during a blizzard there. How stupid is that.