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