President Obama has committed a mind-boggling $3 billion to a new United Nations Green Climate Fund run by officials from Communist nations, a country that appears on the State Department’s list of terrorism-sponsors and an Arab oil-industry chief.

As if it weren’t bad enough that our commander-in-chief is giving away money while the nation suffers through a colossal budget deficit, there are countless reasons why this is a lousy idea. First of all, the United Nations is a famously corrupt organization that is already largely funded by Uncle Sam to the tune of billions annually. The exact figure is tough to nail down because the U.S. cash flows, not just directly to U.N. coffers from the State Department and the U.S. Agency for International Development (USAID), but also from a number of other government agencies to the U.N. system.

The entire world body is well known as a pillar of fraud and mismanagement, but that hasn’t slowed the tide of American taxpayer dollars. Even the U.N.’s Human Rights Council, funded primarily by American taxpayers, is a huge joke. A few years ago Judicial Watch reported that the U.N. awarded a genocidal warlord indicted by an international court for crimes against humanity a seat on its laughable human rights council. His name is Omar Al-Bashir, a ruthless African dictator charged by the International Criminal Court of war crimes in Darfur for killing thousands of his own citizens.

The last thing we need is another global U.N. initiative looking for cash. The “urgency and seriousness of climate change” inspired the crooked world body to create the Green Climate Fund, which aims to help the international community combat global warming. Here’s the plan in a nutshell; the fund will promote the paradigm shift towards low-emission and climate-resilient development pathways by providing support to developing countries to limit or reduce their greenhouse gas emissions and to adapt to the impacts of climate change. This will be accomplished by following the United Nations Framework Convention on Climate Change, an international environmental treaty that aims to stabilize greenhouse gas concentrations.

Predictably, this can’t be accomplished cheaply and President Obama stepped up to the plate with the astounding $3 billion allotment. He made the announcement this month during a speech in Australia. “Now, today, I’m announcing that the United States will take another important step,” Obama said “We are going to contribute $3 billion to the Green Climate Fund so we can help developing nations deal with climate change. So along with the other nations that have pledged support, this gives us the opportunity to help vulnerable communities with an early-warning system, with stronger defenses against storm surges, climate-resilient infrastructure.” The speech, delivered at University of Queensland in Brisbane, went on and on but the snippet is sufficient to relay its gist.

Now let’s take a look at who’s running this new Green Climate Fund that’s supposed to save the world from the ills of global warming. Among the board of directors is Yingming Yang, the Deputy Director General of Communist China’s Ministry of Finance and Jorge Ferrer Rodriguez, a minister in Cuba’s Ministry of Foreign Affairs. The Communist island has for years appeared on the State Department’s list of nations that sponsor terrorism. Another interesting board member is Ayman Shasly, an official in Saudi Arabia’s Ministry of Petroleum and Mineral Resources.

The selection of Shasly as a top dog of a conglomerate looking to halt climate change is peculiar since the oil industry contributes the most greenhouse gas and is well known to have a negative effect on the environment because it’s toxic to nearly all forms of life. Saudi Arabia’s Ministry of Petroleum and Mineral Resources is a government body in a country that happens to be the world’s largest producer and exporter of oil. In fact, it has a quarter of the world’s known oil reserves. Shasly’s efforts as a global environmentalist may seem like a conflict of interest, especially since his government has announced plans to increase oil production from around 8 million barrels per day to 12.

http://www.judicialwatch.org/blog/2014/11/obama-gives-3-bil-u-n-climate-fund-run-communist-terrorist-nations/