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Japanese Government Plans to Waste 100 Billion on Global Warming

by BBelew57 on March 2nd, 2008

The Japanese government is thinking about wasting Y100 billion on a global warming fund. Gosh, they might even double the amount.

The government wants to join forces with the U.S. and U.K. to combat global warming.

Altogether, Japan hopes to create a Y500 billion fund.

The purpose:

1. develop technologies to generate electricity from lower-impact sources - wind, solar, etc.

2. invest in power-station and other large projects

3. to encourage private financial institutions to also participate.

The U.K. has said it will wast abou Y170 billion and the U.S. plans to throw in Y210 billion.

And who knows why?

See 25 Reasons to NOT Fight Global Warming

source 

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POSTED IN: All about Japan

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