Australia Circumvents Green Blob By Refusing to Pay Into UN's Climate Fund

Townhall.com Staff
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Posted: Dec 05, 2014 10:37 AM

Australia has refused to pay into the UN’s Green Climate Fund, designed to pay for climate change adaptations for developing nations, preferring to cut out the ‘Green blob’ middleman and finance initiatives directly. The Chinese delegation said that this was “not good news”. Speaking at the UN Climate Summit in Peru, the Australian delegates also called for commitments from all major economies including China on emissions. (h/t Jo Nova)