Reuters: President Barack Obama on Friday unveiled a $1 billion fund in his 2015 budget to help communities across the United States prepare for the impact of climate change.
The fund, announced in Fresno, California, is part of Obama's pledge to speed federal assistance to the most populous U.S. state.
California is attempting to cope with its worst drought in recorded history, which is threatening its critical agriculture industry, energy production and other industries.
The fund is part of a broader...