Obama’s anti-energy secretary who is infamous for saying we need higher gas prices like those in Europe doubled down on his goals of using less oil not lowering gas prices. When asked if the goal was to lower gas prices he said “No.”
Post Tagged with: "green energy"
9th Obama green boondoggle – battery company in trouble
“Despite $390 MILLION in taxpayer subsidies” – Are we INSANE? Billions are being flushed down Obama’s “green” scheme toilet. How many billions will we let Obama give to these green schemes. $16 Billion of the $20 billion in “green” company loans has gone to companies with ties to Obama or his campaign supporters. Its a big green slush fund for campaign cash. Time to run this bunch of Marxist corruptocrats out of Washington and back to Chicago where they like this king of political corruption.
Greener Than Thou
The real question at the heart of all environmentalism is what do we do when there are seven billion humans using the resources of the Earth and the real answer for environmentalists is how do we reduce the Earth’s population and how do they grow rich in the process? That is what lies at the heart of all the “solutions” put forth by the United Nations environmental program; an enemy of the human race if there ever was one.
Obama’s Piggy Bank
The Administration is conducting a back-door stimulus and an interventionist industrial policy. It’s financing this with off-federal-balance-sheet-financing, in lieu of funds appropriated by Congress.
Obama’s Knack for Picking Losers
Obama is spending immense sums for subsidies to particular industries and technologies, almost $40 billion for clean-energy programs alone … Meanwhile, the administration blocks shovel-ready private investment such as the Keystone XL pipeline from Canada to the Gulf Coast, which would create thousands of American jobs, increase energy security, and even improve the environment. – WSJ
Obama Includes $27.2 Billion Campaign Slush Fund in Budget
The new Obama “budget” adds billions more to the billions of taxpayer dollars poured into failed green energy companies and programs most of which went to companies with Obama campaign connections.
Little Green Morons
After three years of the most astonishingly stupid and wasteful green energy policies inflicted on Americans, it is hard keeping score of the various beneficiaries of government largess that are going bankrupt. The most famous at this point is Solyndra that went belly up taking a half billion in loan guarantees—taxpayer funded—with it. Beacon Power, a green energy storage plant, filed for bankruptcy last fall took with it $43 million of more Department of Energy loan guarantees. Ener1, touted during a visit by Vice President Joe Biden—who inadvertently called it “Enron1”—filed for Chapter 11 bankruptcy. The electric car battery maker had received a $118 million grant from the Obama administration.
Obama doubles down on failed green energy scam
As our President promised to “double down” on renewable energy, in spite of the bankrupted Solyndra, three more green energy companies, recipients of stimulus dollars, have collapsed. In addition, the bad news mounts for the progressives who want to send us back to the Stone Age with their global warming fear mongering.
Obama’s “green” jobs model – Spain’s unemployment highest in 17 years
Obama used Spain’s green initiative as a blueprint for how the United States should use federal funds to stimulate the economy. Obama’s economic stimulus package allocated billions of dollars to the green jobs industry.
Another “green” company Biden praised goes bankrupt
Ener1 joins Solyndra and a host of other failed ‘green” companies that received taxpayer funding and praise from the administration before going bankrupt. Instead of “green” it should be called “brown” because its flushing taxpayer money down the toilet.