President Obama may be prepared to shut down the entire U.S. government unless the Congress appropriates funds for the UN’s “Green Climate Fund.”

The fund was established as a mechanism for the transfer of funds from prosperous nations to “developing” nations. Despite many pledges, it has yet to receive large-scale funding. The managers of the fund recently reported that they have $5.83 billion on hand rather than the $10 billion which had been pledged.

The most current draft of the UN climate pact calls for the fund to receive $100 billion per year by 2020, and for it to be “scaled up” from there. This would be great news for carbon profiteers. We expect a substantial portion would “fall off the table” which would be great news as well for corrupt dictators and their tax-haven bankers.

Paul Bodnar is the National Security Council’s “senior energy and climate change director.” He told the press during a telephone briefing that transferring an inititial payment of $3 billlion to the UN fund is a “priority” for President Obama. He would not rule out a veto of the entire U.S. Budget if the President does not get it.

– See more at: http://www.cfact.org/2015/11/27/obama-may-shut-down-government-over-un-green-climate-fund/#sthash.6EWKEDOu.dpuf