Steve Forbes Blasts “Preposterous” Biden Promise To Pay “Climate Change Reparations” To Poor Nations

The U.S. and other developed countries have endorsed the creation of a fund to compensate poorer countries for damages from natural disasters allegedly caused by industrialization.

This segment of What’s Ahead points out how preposterous the scheme is, starting with the fact that none of the money is going toward reducing CO2 emissions. The money is simply a transfer from rich countries to poorer ones, and we know where much of that boodle will end up.

Among the absurdities espoused is that natural disasters were less fearsome before industrialization.