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Obama 2016 budget will tackle climate change

Barrack Obama has announced a $3.99 trillion (€3.5 trillion) budget to tackle climate change issues, with a specific focus on preventing global warming.

In its 2016 budget, the US government also wants to give $1.29 billion to advance its Global Climate Change Initiative, which includes $500 million for US contributions to the UN's Green Climate Fund, which is the first installment of the $3 billion agreed by the US in November 2014.

The budget offers $7.4 billion for developing clean energy technology projects through the Departments of Defense, Energy, and Agriculture, and the National Science Foundation.

Updates to the national energy grid have been included in the budget to create more renewable energy, reducing the costs of clean energy, finding cheaper solutions for carbon capture and storage from fossil fuels, and doing research to measure methane emissions that leak from natural gas operations.

The budget is also expected to create a financial incentive to expand clean energy initiatives to collaboratively cut greenhouse gases.





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