Monday, December 14, 2015

US Funds for Climate Change

U.S. Fund to Fight Global Climate Change Is Less Than Annual Payout to a Single For-Profit College

Last week, at a critical point in the Paris negotiations on global climate change, Secretary of State John Kerry announced that the United States would commit $800 million annually to help developing nations adapt to a warming climate and move to cleaner energy. $800 million doubled the prior U.S. pledge, and the announcement may have helped seal the deal. $800 million is a great deal of money. But it is actually less than U.S. taxpayers provided in the past year to each of five major for-profit college companies -- all of which have been under investigation in recent years by federal and state law enforcement agencies for deceiving their students, lying to government regulators, and other abuses.

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