U.S.: Better Balance Between Climate and Military Spending Urged

U.S.: Better Balance Between Climate and Military Spending Urged

Description

"While that ratio represents a huge improvement over the 1:88 dollar ratio allocated by the George W. Bush administration, it may be difficult to sustain, according to the report, because most of the increase in climate-related spending is included in the new administration's stimulus package, the American Recovery and Reinvestment Act.

Indeed, 68 billion dollars out of the proposed total of nearly 79 billion dollars that the report estimates Obama's planned climate-related spending comes from the Recovery Act, a one-time appropriation to help the U.S. economy recover from the global financial crisis that broke out last September, according to "Military vs. Climate Security: Mapping the Shift from the Bush Years to the Obama Era."

Information

Author(s)
Marina Litvinsky and Jim Lobe
Publisher
Institute for Policy Research
Place published
Washington, D.C.
Date / journal vol no.
28 July 2009
Pages
1

References