Obama's $1 Billion Climate Fund Plan A Bargain, White House Official Says

摘要

President Barack Obama's call for a $1 billion climate fund to help communities prepare for increasingly severe storms and drought "is a bargain" given the economic damages caused by such weather events, a White House official said Feb. 25. Eleven "weather or climate events" in 2012 killed 377 people and caused $110 billion in damage, $65 billion of that just from Hurricane Sandy, John Holdren, White House Office of Science and Technology Policy director, said. He told the Senate Environment and Public Works Committee's oversight subcommittee that investments such as the new $1 billion fund are modest given the potential damage to infrastructure and tourism from climate impacts, such as rising sea level and more severe weather.