Sensenbrenner: Obama Leaves Copenhagen with Bad Deal for U.S.

December 19, 2009

Sensenbrenner: Obama Leaves Copenhagen with Bad Deal for U.S.

‘Never before has anyone spent $100 billion on so little’

Washington, D.C.  Rep. Jim Sensenbrenner, R-Wis, Ranking Member on the House Select Committee on Energy Independence and Global Warming, attended the U.N. Climate Change Conference in Copenhagen, Denmark and issued the following statement:

 

“Before leaving Copenhagen for Washington to avoid an impending blizzard, President Obama agreed to a three-page climate change accord.  The Copenhagen Accord would transfer $100 billion each year from wealthy nations to poor nations in exchange for voluntary domestic pledges to reduce emissions and a promise to allow international monitoring of the progress. At least $10 billion of this money would come from the U.S. 

 

“Never before has anyone spent $100 billion on so little. Before I left I said that no deal was better than a bad deal. President Obama has apparently promised $10 billion a year in taxpayer money to buy himself a hollow political victory. I call that a bad deal."

 

 

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