Gillard fritters another $599 million to seem green

Posted on Sun 12/12/2010 by


Andrew BoltBy Andrew Bolt

In Australia, the Gillard Government is spending an astonishing $599 million of money on global warming projects overseas, some of which involve propping up the most expensive forms of electricity generation:

JENNIFER MACEY: Fast Start Finance is designed to pay poor countries to build levees to protect against rising sea levels, grow drought-proof crops, or stop illegal logging. The $30 billion is meant to flow to developing countries over the next three years.

This year in Cancun, environment ministers from around the world have been doling out their contributions.

Australia’s Climate Change Minister Greg Combet made this announcement today.

GREG COMBET: Apart from the domestic action we are taking the Australian Government is also endeavouring to play a constructive role internationally. Today Australia announced further allocations under the $599 million of Australia’s committed Fast Start Financing.

JENNIFER MACEY: The bulk of Australia’s $600 million will go to adaptation projects in the Pacific, South East Asia and Africa. Thirty two million will go to Indonesia to stop deforestation. Ten million is funding for renewable energy projects in poor countries. And another 10 million will help developing and emerging economies use carbon markets to cut their emissions.

Andrew Bolt is a journalist and columnist writing for The Herald Sun in Melbourne Victoria Australia.

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Andrew Bolt’s columns appear in Melbourne’s Herald Sun, Sydney’s Daily Telegraph and Adelaide’s Advertiser. He runs the most-read political blog in Australia and is a regular commentator on Channel 9′s Today show and ABC TV’s Insiders. He will be heard from Monday to Friday at 8am on the breakfast show of new radio station MTR 1377, and his book Still Not Sorry remains very widely read.