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Forget The Poor – Bloomberg Giving $4.5 Million To Fund Defective Paris Climate Accord

by Jason Hopkins
April 24, 2018, 10:43 AM
in News and Opinion
Reading Time: 3 mins read
A A
6

Former New York City mayor and philanthropist Michael Bloomberg announced that he would drop several million dollars of his own money to cover the United States’ old commitment to the Paris Climate Agreement.

In a Sunday interview on CBS’s “Face the Nation,” Bloomberg announced he would donate $4.5 million of his own fortune to cover a portion of the country’s pledge to give $3 billion by 2020 to support United Nations climate change programs — a pledge made under the Obama administration, but withdrawn by President Donald Trump last year.

The U.S. had already given $1 billion by the time Trump walked away from the international accord.

“America made a commitment and as an American, if the government is not going to do it, we all have a responsibility. I’m able to do it. So yes, I am going to send them a check for the monies America had promised to the organization,” Bloomberg said Sunday, which also happened to be Earth Day.

The $4.5 million is meant to cover only this year’s monetary commitment.

Bloomberg — who boasts a net worth over $50 billion — left the door open to donating more.

When asked by CBS host Margaret Brennan if he would do the same next year, he said it all depends on the president, who he believes is open to changing his mind. “We’ll figure out. Hopefully, by then President Trump will have changed his view, which would be great.”

Without Senate approval, Obama signed on to the Paris Climate agreement on September 3, 2016, which marked the pinnacle of his environmental legacy.

While on the campaign trail, however, Trump vehemently criticized the international deal as too burdensome on the energy industry and vowed to get the U.S. out of it.

On June 1 the following year, he made good on his promise, announcing that he was “elected to represent the citizens of Pittsburgh, not Paris.”

Trump’s decision attracted widespread condemnation from environmental activists, including Bloomberg.

On the same day of Trump’s withdrawal, the New York billionaire announced he would donate $15 million to the United Nations in place of the federal government.

.@BloombergDotOrg and partners will provide up to $15M in funding the @UNFCCC stands to lose from Washington. https://t.co/o8g2sKKbsz

— Mike Bloomberg (@MikeBloomberg) June 2, 2017

“Bloomberg’s contribution of $4.5 million provides the UN Climate Change Secretariat with sixty percent of the anticipated U.S. government support this year,” read a Sunday statement from Bloomberg Philanthropies, a foundation created and funded by the former mayor.

“Bloomberg Philanthropies’ funding will strengthen the UN Climate Change Secretariat’s capacity to support developing countries, carry out strategic outreach to promote climate action among stakeholders such as cities, regions, business and civil society, and address institutional needs in areas such as information technology and communications.”

Bloomberg Philanthropies is working with leaders around the U.S. to continue reducing the country’s carbon footprint and collect funds to replace the federal government’s financial withdrawal.

Read more at Daily Caller

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Comments 6

  1. Amber says:
    8 years ago

    How much has Bloomberg given the pay to plat Clinton Foundation .
    Don’t you love the smell of indictments in the morning .
    For once Hillary was right . ” if that fucking bastard wins , we all hang from nooses ” . Yep one for Hillary . Of course does anyone trust NBC ?

  2. Spurwing Plover says:
    8 years ago

    Ted Turner producer of such junk like Captain Planet and the Planeteers,One Child One Voice,Network Earth and National Geographic Exoporer has been called Daddy Greenbucks by enviromentalists wackos

  3. Sonnyhill says:
    8 years ago

    Symbolic. The trickle – down stops at the UN headquarters.

  4. R Johnson says:
    8 years ago

    That’s just a cheap lunch based on the wealth of an average American. Complete egomaniacal moron.

  5. Steve Bunten says:
    8 years ago

    No Bloomberg America did not make a commitment to Paris Accord. That was made unilaterally by Obama without ever submitting anything to Congress to agree with. So President Trump decided that we will not pay into something that is as ludicrous as that accord.

  6. Spurwing Plover says:
    8 years ago

    Again Bloomberg dips his hands to his money bin gets a few thousand dollars and throws it all his favorite pet projects like Gun Control,Illegal Aliens,Climate Change Etc

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