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China Spends (Much) More On Climate Change



Holy sh*t:
Calculations she cites in an October report titled "Military vs. Climate Security: The 2011 Budgets Compared," reveal that the U.S. climate change budget has more than doubled—from $7 billion to $18 billion—since 2008. Military spending in that same time period has risen from $696 billion to $739 billion. For every dollar spent on climate in 2008, the U.S. spent $94 on the military. That will drop to a $41: $1 ratio this year.

"Obviously, this is progress," Pemberton said, but it isn't enough to stay competitive. The Chinese are spending one-sixth as much as the United States on their military and investing twice as much on clean energy technology. For every dollar China spends on climate, between $2 and $3 goes toward its military.
Emphases mine. Read the rest of the (long) article...