April 27, 2010

CBO shows how bad it is

According to the Congressional Budget Office, President Obama's American Recovery and Reinvestment Act has been an absolute boon for climate change research funding.
From 1998 through 2009, appropriations for agencies’ work related to climate change totaled about $99 billion (in 2009 dollars); more than a third of that sum—$35.7 billion by CBO’s estimation—was provided in the American Recovery and Reinvestment Act of 2009 (see the figure below). During that period, the nation’s commitment to climate-related technology development increased significantly, as has the forgone revenue attributable to tax preferences. Funding for climate science and international assistance, by contrast, stayed roughly constant.
Here it is graphically;

Or if you prefer, here it is visually;

1 comment:

  1. I love the visual - how very true and how very sad!!!


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