Archive for the ‘Green Energy’ Category

From Rags to Riches on You and Your Neighbor’s Tax Dollars

by Jerry McConnell on Thursday, May 16th, 2013

This is article 856 of 865 in the topic Obama

The wheels of TRUE justice, not those of the Obama-Holder unJustice Department, are beginning to move, if ever so slightly; but moving they do appear to be.  With all the roadblocks the dastardly duo of Obama and Holder are placing in the path of progress, it’s a wonder that they are moving at all.

Those two conniving chameleons of corruptness and chicanery run the most illegitimate department of justice in the history of this one-time great country (BO – Before Obama).  In fact, to call it the Justice Department is the most improper and nonfactual title that could be bestowed on it.  Justice does not dwell within its parameters.

It is only fitting that officials holding office in the Congressional House of Representatives are finally stirring with comments that include the word ‘impeachment’.  It is about time and probably close to FIVE years late; but I shouldn’t be saying “late” as it is NEVER too late to bring daylight to the dark and mysterious corridors of that terribly mismanaged and mishandled Executive Department.  The apparent sins of the Treasury Department’s former tax-Cheat Secretary and currect Internal Revenue Service are childish when compared to the unJustice Department.

As columnist Wynton Hall has stated in a TownHall.com column “Report: Obama Spent $11.45 Million per ‘Green Job’ Created” online on May 08, 2013, that alone should have been enough ammunition for a legitimate Justice Department to get ITS wheels moving.  But alas, no such thing at the Obama-Holder vice den of obfuscation and corruption.

Truthfully, the entire Energy Department loan guarantee program has been a veritable money fountain of wealth to Obamanistas and the man himself.  As Wynton Hall says in his TownHall.com column: “In 2008, then-candidate Barack Obama promised to create 5 million “green jobs” if elected president. However, an analysis by the Institute for Energy Research (IER) finds that since 2009, the Department of Energy’s (DOE) $26 billion loan program created just 2,298 permanent jobs, at a cost of $11.45 million per job created.”

Any way you look at it two thousand, two hundred and ninety eight green jobs is one hell of a long way from FIVE MILLION green jobs; in other words, four million, nine hundred ninety seven thousand, seven hundred and two jobs short.  And Obama PROMISED to CREATE FIVE MILLION GREEN JOBS.  So far as I know the ONLY promise he has fulfilled during his whirlwind campaign prior to the election in November 2008 is that he would take care of his constituents and with 47 million of them on food stamps today he is keeping his word; AT OUR EXPENSE.

But let’s look at the BIG picture.  That number of less than 3,000 jobs at $11.45 million per job comes to a total of $26.3 BILLION.  Now you, Mr. and Mrs. Taxpayer are paying for those jobs.  That’s your $26 billion plus that you paid in taxes with the honest expectation that it would be spent honestly; but you were wrong; DEAD WRONG!  When this Administration smells or sees money they can figure a lot of ways to make it disappear.  And their always-ready-to-collude, party members, are fully complicit.

As Mr.

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The President as Sergeant Schultz

by Alan Caruba on Thursday, May 16th, 2013

This is article 853 of 865 in the topic Obama
How is it that, time and again, the most powerful man on the planet doesn’t seem to have a clue what is happening in his own government? Famed for never accepting blame for anything, the more I see President Obama these days, the more I am reminded of Sergeant Hans Schultz of the TV sitcom, “Hogan’s Heroes”, that ran from 1965 to 1971.
The wonderful John Banner the actor who played the prisoner of war guard left an indelible legacy with his repeated denials, “I know nothing. I hear nothing, and I see nothing”; often all three at the same time to avoid being implicated in Col. Robert E. Hogan’s manipulation of Werner Klemperer’s Col. Wilhelm Klink, the camp commandant of Luftwaffe Stalag 13.

 

Obama’s way of dealing with everything has been to talk it to death and he has been responding to questions from the press, claiming that the accusations are all “a sideshow” or that “there’s no there, there.” It is not working. In the case of Benghazi-Gate, his lies are so blatant that it has gone from an embarrassment to a full-fledged cover-up.
Similarly, the Attorney General, Eric Holder, has relied on claiming ignorance and putting distance between himself and his Department of Justice’s increasing list of scandals, from Fast and Furious that earned him a citation for contempt of Congress in June 2012 for his lack of candor. His latest “I know nothing” testimony regarding the DOJ’s seizure of the phone records of Associated Press editors and reporters makes one wonder why the President continues to retain him in office or, for that matter, why he isn’t in jail for stonewalling about Fast and Furious, an ATF gun-running scheme that got a border patrol and ICE agent killed.
Those of us who follow the President closely know that he has been lying consistently before and since being elected–twice. His two “memoirs” have been picked apart by reporters who have written their own books on the subject. It would appear that Obama picked up the habit of lying early on in life as the son of a Kenyan who had abandoned his mother, the step-son of an Indonesian whom his mother also divorced, and a man who remarkably was a friend or associate of a long list of shady characters you might more likely find in a detective novel.
He dismissed his close friendship with former 60s Weatherman terrorist, Bill Ayers, as someone who lived in his Chicago neighborhood. He had to throw his longtime pastor, Jeremiah Wright, under the bus when it became known he said many bad things about America over the course of the many years Obama was a member of his church. The man who conducted Obama’s wedding and christened his children said of 9/11, “the chickens have come home to roost” as if it was America’s fault it was attacked.
Even so, this is small potatoes compared to the way the many “renewable energy” companies received billions in government loans and rapidly went bankrupt. It turned out that many of the many of the men who created those companies where major “bundlers” and contributors to his 2009 presidential campaign. Of the most famous bankruptcy, Solyndra, Obama said, “That was not our program, per se.

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How the Greens Pick Your Pocket

by Alan Caruba on Monday, May 13th, 2013

This is article 229 of 225 in the topic energy
The famed Boston Tea Party was a protest against “taxation without representation”, but our pockets are picked every day by a plethora of taxes of which most Americans are not even aware.
We get robbed when the federal government thwarts exploration and extraction of energy resources that would greatly reduce those costs. We get robbed when the government (EPA) conspires to force coal-fired plants out of business through excessive regulation or declares that milk is a form of “oil” to be regulated.
One particularly egregious form of robbery is ethanol. In March, a Washington Times editorial pointed out that “only the government could come up with a bubble in a commodity that’s merely speculative…renewable identification numbers are ethanol production credits created by the Environmental Protection Agency to help companies meet federal quotes for the production of a fuel that doesn’t actually exist.”
Not content with requiring the waste of a basic food product, corn, this other supposed source of ethanol requires refineries to purchase a “renewable identification number”, then priced at $1.10, up 500% from the three cents it would have cost a few months ago. The cost is passed along to everyone filling up their tank.
The cost of the corn that is diverted from the dinner table is in the billions and creates worldwide shortages. Before the Renewable Fuel Standard was imposed, corn prices were between $2 and $3 per bushel. The price of corn has since spiked to $7 per bushel and you pay for that at the gas pump and in the supermarket where corn is an integral element of thousands of food items.
Ethanol is justified as reducing carbon dioxide (CO2) emissions, but it creates more as it is processed for use and it actually reduces the mileage that a gallon of gas provides. Worse yet, it damages the engines of all new cars and trucks. It is so corrosive, it cannot be shipped via pipelines. And the EPA wants to increase the amount of ethanol to be blended from ten percent to fifteen percent!
Not content with that approach to fending off a global warming that has not been occurring for the last sixteen years, the EPA recently proposed a “Tier 3” rule to further lower sulfur content in gasoline that would increase the refining cost of gasoline by up to nine cents per gallon.
Reflecting on Obama administration policies, David Rothbard and Craig Rucker, co-founders of CFACT, a free market think tank devoted to environmental and development issues, recently noted that “All of the above” too often means all of the above ground and little or nothing below the Earth’s surface: wind, solar, biofuels and wood, for example – but little or no oil, gas, coal or uranium. In fact, more than any other in history, the Obama administration is using its executive powers to delay, obstruct, hyper-regulate, penalize and bankrupt the proven energy that is the foundation of modern living standards.”
The fleecing of the American taxpayer defies the imagination. The Institute for Energy Research recently reported that President Obama has spent $11.45 million for every “green job” created. Since 2009, Obama’s first year in office, the Department of Energy’s $26 billion loan program has created just 2,298 permanent jobs.

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Fisker: a free ride to make flashy cars in Finland

by Marita K. Noon on Sunday, May 12th, 2013

This is article 476 of 477 in the topic Government Spending

More green cronyism and corruption as Fisker defaults again on its payments…

With nearly a year’s worth of exclusive reporting on Obama’s green-energy crony-corruption scandal, you might think we’ve covered them all—but the hits just keep on coming. This week Fisker is in the news due to its failure to meet a Monday payment on their Department of Energy (DOE) loan with $10 million due, and Wednesday’s House Committee on Oversight and Government Reform hearing: “Green Energy Oversight: Examining the Department of Energy’s Bad Bet on Fisker Automotive.”

Along with researcher Christine Lakatos who writes The Green Corruption Files, I’ve addressed Fisker before. In last week’s column I harkened back to an October 2012 report we did on 2009 Obama’s green-energy projects that were in trouble. We highlighted two companies on that list: Suntech and SoloPower. Suntech was recently put into bankruptcy and, about SoloPower, we said: “SoloPower’s power is waning.” On April 22, the Oregonian’s headline read: “SoloPower moves to power down Portland factory, gut remaining workforce.”

Fisker, the taxpayer-funded company making $100,000+ electric cars in Finland, was also on that October 2012 list. At the time, I wrote: “Though the company has balked at Solyndra comparisons, Fisker may well be on ‘death’s door.’”

Despite defaulting “on loans or investment conditions at least four separate times” and squandering more than $1.3 billion in investment capital and government loan money, the company’s founder and former CEO, Henrik Fisker (Fisker left the company in March over “disagreements with management”), in testimony before the House Oversight Committee hearing on Wednesday, argued that the company was still viable. In both the opening and closing of his testimony, Fisker used the following statement regarding the company that bears his name: “Fisker still has the potential to build on these achievements if the company can secure financial and strategic resources.”

While Fisker’s testimony indicates that he is proud of the company’s “many notable achievements,” Subcommittee Chairman Jim Jordan (R-OH), declared in his opening statements: “Fisker should have never received taxpayer money; it was rated CCC+…it was a junk grade investment.”  So why did Fisker get the loan in the first place and continue to receive funding even after it “missed a crucial production target?”

While Wednesday’s hearing didn’t reveal any smoking gun, and Fisker claimed: “I am not aware and do not believe that any improper political influence was used in connection with the company’s loan application or subsequent negotiations with the Department of Energy,” experience in reporting on the various stimulus-funded loan guarantee programs, grants and tax credits indicates otherwise.

True, unlike many of the other stories, no one from the Fisker organization itself served on Obama’s (now-disbanded) Jobs Council, nor is there an obvious connection such as a former DOE staffer sitting on the board. But, surprise, there are political connections nonetheless.

In the case of Fisker, the cronyism comes first in the form of the venture capital firm with private investments that needed government funds to make their 2008 investment good. The company in question?

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Some reasons not to buy an electric car

by John Lott on Sunday, April 7th, 2013

This is article 78 of 80 in the topic Environmental

From Fox News:

. . . But I wouldn’t buy an electric car if you paid me. Here’s why: . . .

It isn’t cost effective. I spent my career in the high-tech industry. When I tell you that it’s smart to be a late adopter of anything new, especially technology, you should listen. In time, competition increases, prices come down, and reliability goes up. Let rich people like rock stars and actors buy Teslas and Volts.    They’re not for you. . . .

You have to plug it in. Hybrids are great. They’ve come down the technology learning curve. They’re actually more efficient than standard gas powered engines. They deliver more bang for the buck. They don’t have to be subsidized. And, more importantly, you don’t have to plug them in. Ever.

The whole government subsidy thing. I bought a solar array. It was government subsidized. Do I think it should have been? No. But for our needs, solar power made fiscal sense. I’m not going to cut off my nose to spite my face. Do I think the U.S. government should subsidize specific companies like Solyndra and Fisker? No. That’s just plain idiotic. That’s for venture capital and private equity firms with limited partners with beaucoup bucks and high risk tolerance, not for a government that owes $17 trillion or American taxpayers who can’t pay their bills.

Who says electric power is clean? When China has electric cars, they will be powered by electricity from coal plants that pollute the atmosphere, big-time. The assumption that, just because a car is electric, it must be green, clean, renewable, whatever, is nonsense. Just to be clear, I don’t have a problem with where our electricity comes from. I think we should drill, frack, and nuke to our heart’s content. I want America to actually export energy. What I don’t get is why anyone would think an electric car is in any way greener than a hybrid. It’s not.

I don’t like dumb fads. I guess the bottom line is that I don’t like the color green for the sake of being green. In other words, I don’t like fads, especially fads that are fueled by overblown hypocrites and bad science. In case you’re wondering, by “hypocrites,” I mean Al Gore. And by “bad science,” I mean man-made global warming, climate change, or whatever the hypocrites are calling it these days. . . .

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Another Red Ink Tsunami from Green Energy!

by John Lillpop on Friday, March 22nd, 2013

This is article 221 of 225 in the topic energy

Despite all the ballyhoo and misguided cheering from Barack Obama and other environmental adherents concerning the bright future and promise of Green energy, the fact is that solar energy is rarely viable, even in a Communist nation where corruption and state control over the media can squeeze and squelch the truth from public view.

As reported at the Washington Free Beacon:

The world’s largest solar panel maker, China’s Suntech Power, put its Wuxi subsidiary into bankruptcy following poor sales and sanctions on the company, reports CNN Money:

Last week, the company missed a payment on $541 million in debt, and the company’s CEO said he was exploring strategic alternatives. According to state-run news agency Xinhua, the company owes nine creditor banks a total of $1.2 billion. […]

The U.S. Commerce Department announced stiff tariffs on Chinese-made solar panels last year, after finding that Chinese solar cell manufacturers were “dumping” their products on the American market below production costs.

The issue divided the U.S. solar industry, with some manufacturers complaining that Chinese trade practices were driving prices down artificially and smothering U.S. production.

Parent company, Suntech Power, will not file for bankruptcy.

Chinese solar panel manufacturers are not alone in having difficulty staying afloat: American solar company Solyndra failed in 2011. Solyndra filed for bankruptcy two years after receiving a $535 million taxpayer-guaranteed loan.

The big question: Will the latest solar fiasco cause Obama to reassess his obsession with that energy source?  Or is he too filled with pride to admit that his judgment lacks business merit and advantage?

John W. Lillpop
San Jose, California

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An Hour of Darkness. Or Light!

by Alan Caruba on Thursday, March 21st, 2013

This is article 222 of 225 in the topic energy
On Saturday, Greens around the world will turn off their lights in a symbolic “Earth Hour” gesture against climate change, the term they adapted in the face of the fact that the Earth has been cooling for seventeen years and is on the cusp of a mini-ice age that will ensure cold weather for many years to come.
Earth Hour is a protest against the use of electricity—energy—to light our lives in countless ways. Anyone who has gone through an outage as I did in the wake of Hurricane Sandy will tell you that life without electricity is an immediate return to primitive times. Mine lasted a week and included the loss of access to the Internet and the ability to use my computer and every other piece of equipment in the apartment. It was not fun.
We derive electricity from burning coal, from natural gas, from nuclear fission, and from hydroelectricity generated by huge dams. The least amount of electricity we use comes from oil and, in particular from wind and solar, a bare two percent or so. These latter two sources exist only because of government subsidies and mandates. Without these they could not compete against far more affordable and effective sources. Oil, of course, fuels all our vehicles.
What Americans generally have not absorbed is the fact that the large, multi-million dollar funded environmental organizations oppose every form of energy we use. Here is a week’s schedule of events planned to lead up to and follow Earth Hour in New Jersey by the Sierra Club chapter.
# On Thursday, March 21, they sponsored a “Fracking Waste Ban Lobby Day” in the state capital of Trenton.
# On Saturday they will sponsor an “adventure aquarium trip” devoted to sea turtles and a lecture on “how our plastic addiction impacts them.” We are no more “addicted” to plastic than to oil from which it is produced and found in virtually everything we use. Energy is not the enemy. It is the lifeblood of a successful economy and society.
# On Sunday there will be a town hall meeting about “clean energy solutions” in concert with Climate Mama, 350.org and the Sierra Club with a panel that will discuss how clean energy, solar and wind, “can dramatically reduce our use of fossil fuels and move our state forward without the pollution.” It will also discuss how “climate change has impacted you.” Americans are not going to reduce the use of fossil fuels, oil, coal, and natural gas. We already enjoy the cleanest air and, more importantly, the Earth in general and America in particular has enormous reserves of these energy reserves.
# On Wednesday, March 27, another panel will engage in “pipeline education”, ignoring the fact that America has 170,000 miles of pipelines that transport oil and natural gas throughout the nation. They are safe and secure, but none carry ethanol, a chemical that erodes not only pipelines, but damages the engines of millions of cars and trucks.

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Environment: Hypocrisy run amok — Where are the activists and their lawsuits?

by Stephen Levine on Monday, March 18th, 2013

This is article 75 of 80 in the topic Environmental

There is little or no doubt in my mind that the environmental movement has been infiltrated by radical socialists and communists who seek to use the environmental movement to fund their political agenda. Not only to fund their political escapades, but to use our own laws against us as they seek to dismantle our capitalist system.

Therefore, why should I not be surprised that the environmentalists are not hopping mad and filing lawsuits to stop the further development of wind power using bird-killing turbines …

For decades, research has shown that wind turbines in the Altamont Pass Wind Resource Area (APWRA) kill many birds, including raptors, which are protected by the Migratory Bird Treaty Act, the Bald and Golden Eagle Protection Act, and/or state and federal Endangered Species Acts. Each violation of these acts can result in fines and/or criminal convictions. <Source: Developing Methods to Reduce Bird Mortality in the Altamont Pass Wind Resource Area.>

Six birds found dead recently in Southern California’s Tehachapi Mountains were majestic golden eagles. But some bird watchers say that in an area where dozens of wind turbines slice the air they were also sitting ducks. The U.S. Fish and Wildlife Service is investigating to determine what killed the big raptors, and declined to divulge the conditions of the remains. But the likely cause of death is no mystery to wildlife biologists who say they were probably clipped by the blades of some of the 80 wind turbines at the three-year-old Pine Tree Wind Farm Project, operated by the Los Angeles Department of Water and Power. <Source>

And, one must question why the hyper-partisan progressive United States Fish and Wildlife Service was not enraged about the deaths of thousands of birds by wind-turbines, but would go to great lengths to pursue an oil company for the deaths of a dozen or so birds …

A Denver-based oil company has been fined $22,500 for the deaths of migratory birds at a subsidiary’s fluid pits in Montana, Wyoming and Nebraska, the U.S. Attorney’s Office said.  SM Energy Co. pleaded guilty Wednesday to one misdemeanor count of violating the Migratory Bird Treaty Act in each state. U.S. Magistrate Carolyn Ostby also placed the company on probation for a year, fined it $7,500 on each count and ordered it to make a $7,500 payment to the National Fish and Wildlife Foundation.

“These charges arose after a multi-year pattern of bird deaths at company sites, notification by the Fish and Wildlife Service, and failure of the defendant company’s subsidiary to take reasonable measures to make the hazardous sites bird-safe,” said Michael Cotter, U.S. attorney for Montana.  The case dates back to 2005, when the U.S. Fish and Wildlife Service documented deaths of a dozen migratory birds at open fluid pits at a Nance Petroleum site in Wyoming. Billings-based Nance, which later became a subsidiary of SM Energy, paid a $3,025 fine. <Source>

Putting it all in perspective …

Cats that live in the wild or indoor pets allowed to roam outdoors kill from 1.4 billion to as many as 3.7 billion birds in the continental U.S. each year, says a new study that escalates a decades-old debate over the feline threat to native animals. The estimates are much higher than the hundreds of millions of annual bird deaths previously attributed to cats.

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Groundhog Day: Obama proposes $2 billion fund for ‘clean energy’ research

by Doug Powers on Saturday, March 16th, 2013

This is article 220 of 225 in the topic energy

Steven Chu is gone, but his initiatives and re-initiatives live on:

With few options available for financing his clean-energy ambitions, President Obama on Friday proposed diverting $2 billion in revenue from federal oil and gas leases over the next decade to pay for research on advanced vehicles.

Mr. Obama visited the Argonne National Laboratory near Chicago to tour its state-of-the-art research facilities and to promote his idea, first proposed in last month’s State of the Union address, to use oil and gas money to find ways to replace hydrocarbons as the primary fuel for the nation’s cars, trucks and buses.

The idea enjoys some bipartisan and business support, but is likely to encounter strong resistance from Congressional Republicans, who will portray it as a tax on energy producers. The White House says the money will come from growth in drilling revenue from leases on public lands and waters over the next decade and is not a new tax.

Mr. Obama presented the proposal as part of his “all-of-the-above energy strategy,” which includes an increase in oil and gas development; support for nonpolluting sources like wind, solar and geothermal energy; loan guarantees for new nuclear plants; and research into long-term alternatives to fossil fuels.

Forget about diverting oil and gas lease revenue — if the Obama administration would cancel White House tours for the next 520 years but put that money on the books now this baby pays for itself!

As much money as they’ve poured into these programs our cars should be powered by kumquats, solar rays and hamster flatulence by now:

His administration pumped $90 billion in economic stimulus funds into clean energy and “green jobs” projects, helping to dramatically expand renewable energy production in America.

But some projects failed, including a California solar panel maker called Solyndra that had received $527 million in a government loan.

Another $2 billion should put it over the top.

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Obama Enlists Scientific Fraud To Further Socialistic World Government

by Thomas E. Brewton on Thursday, February 7th, 2013

This is article 231 of 241 in the topic Global Warming

The president manifestly is an ignoramus with regard to economics, as evidenced by his deficit-spending stimulus programs and other economic interventions that have produced the longest major recession and debauching the dollar since FDR’s Great Depression in the 1930s.

He suffers the same deficiency regarding science.

In his inaugural address, and on many other occasions, Obama cites consensus among climate study fraudsters as more worthy of consideration than the simple, unavoidable fact that there has been no global warming for at least the most recent dozen years.

Nonetheless, Obama continues his pursuit of uneconomic, and often destructive, “green” policies, including bankrupting the coal mining industry.  As the fraudulent “scientists” of global warming admit themselves, global warming has always been nothing more than a panic lever to push us toward a world socialistic government in order to redistribute wealth on a global scale.

Read In Their Own Words: Climate Alarmists Debunk Their ‘Science’ on the Forbes website.

Quote:

IPCC official Ottmar Edenhofer, speaking in November 2010, advised that: “…one has to free oneself from the illusion that international climate policy is environmental policy.  Instead, climate change policy is about how we redistribute de facto the world’s wealth…”

…subordinating climate science to ideology, however well intentioned, have proven to be incredibly costly.

The U.S. Government Accounting Office (GAO) reports that federal climate spending has increased from $4.6 billion in 2003 to $8.8 billion in 2010 (a total $106.7 billion over that period). This doesn’t include $79 billion more spent for climate change technology research, tax breaks for “green energy”,  foreign aid to help other countries address “climate problems”; another $16.1 billion since 1993 in federal revenue losses due to green energy subsidies; or still another $26 billion earmarked for climate change programs and related activities in the 2009 “Stimulus Bill”.

Virtually all of this is based upon unfounded representations that we are experiencing a known human-caused climate crisis, a claim based upon speculative theories, contrived data and totally unproven modeling predictions. And what redemptive solutions are urgently implored? We must give lots of money to the U.N. to redistribute; abandon fossil fuel use in favor of heavily subsidized but assuredly abundant, “free”, and “renewable” alternatives; and expand federal government growth, regulatory powers, and crony capitalist-enriched political campaign coffers.

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