Huffington Post says low renewable energy campaign donations responsible for Washington inaction on climate change; $515 billion for clean energy required to prevent global warming

In California, the Huffington Post is reporting that the renewable energy industry has invested $25 million in political campaign donations since 1990, compared to $2 billion by “individuals associated with Wall Street”.

The Post article decreed that “the dysfunction that results could not be more clear,” based on the “financial sector’s ability to escape regulation,” and attributed the political system’s failure to address fossil fuel emissions to “the fact that the environmental movement lacked the financial resources to buy political clout.”

The Post article said that investment in clean energy must triple to $515 billion per year if greenhouse gas emission targets are to be met.

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