Keystone Cop Obama protects his environmental flank. This week President Obama handed down what may prove to be one of the most fateful decisions of his entire administration when he rejected the plan to build the Keystone XL Pipeline carrying oil from the tar sands of Canada to the refineries of Houston. The decision did not win him one new ... MORE
Showing posts with label green. Show all posts
Showing posts with label green. Show all posts
William Tucker: Environmentalism And The Leisure Class
Keystone Cop Obama protects his environmental flank. This week President Obama handed down what may prove to be one of the most fateful decisions of his entire administration when he rejected the plan to build the Keystone XL Pipeline carrying oil from the tar sands of Canada to the refineries of Houston. The decision did not win him one new ... MOREJohn Stossel: Don't Trust Your Instincts
Simple answers are satisfying, but often wrong. Simple answers are so satisfying: Green jobs will fix the economy. Stimulus will create jobs. Charity helps people more than commerce. Everyone should vote. Well, all those instinctive solutions are wrong. As Friedrich Hayek pointed out in The Fatal Conceit, it's a problem that in our complex, extended economy ... MORE
NY Times: Companies Fined For Not Using Unavailable Fuel
Goofy green government strikes again. When the companies that supply motor fuel close the books on 2011, they will pay about $6.8 million in penalties to the Treasury because they failed to mix a special type of biofuel into their gasoline and diesel as required by law. But there was none to be had. Outside a handful of laboratories and workshops, the ingredient ... MORE Bob Aldelmann: Each Chevy Volt Costs Taxpayers $250,000
Green policy = wasting the green from citizen wallets. The Mackinac Center for Public Policy just released a study showing that by the time all federal and state loans, grants, subsidies, and tax credits are figured in, each Chevy Volt costs taxpayers upwards of $250,000. James Hohman, the center’s assistant director of fiscal policy, counted a total of 18 ... MOREDon Surber: Obama Backers Getting Rich On Green Causes
Al Gore likes the Fisker. Over the holidays, the New York Times reported: “Fisker Automotive is recalling all 239 of its 2012 Karma luxury plug-in hybrid cars because of a fire hazard.” Not mentioned in the report was the fact that the Obama administration had given this tiny car company a Solyndra-sized loan of $529 million. Banks loans the money with ... MORETim Cavanaugh: I, Panel
Solyndra's story, with apologies to Leon Read. I am a solar panel—not the ordinary flat solar panel familiar to all boys and girls and adults who hope for greener energy sources. I’m actually much more sophisticated and much less useful than those. I’m a cylindrical-tube panel manufactured by Fremont, California-based Solyndra LLC. According to my creators ... MOREJerry Hirsch: California Launches War Against Oil Changes
Legislative nannies gone wild. Many automobile owners are spending more than they need on motor oil, believing that it should be changed every 3,000 miles even though almost no manufacturer requires such an aggressive oil-change schedule. The long-held notion that the oil should be changed every 3,000 miles is so prevalent that California officials have launched a ... MOREGary Jason: A Cure For What Doesn't Ail You
Taxpayers shovel $433 billion to Obama's crony for nothing. The Obama Regime is best known for its crony car and crony green energy capitalism, but there is scarcely any industry it hasn’t tried to corrupt for its own interests. An unlikely source has now informed us of an especially egregious new variety — what can only be described as crony drug capitalism. ... MORECharles Krauthammer: The Pipeline Sellout
Obama puts politics over nation, again. In 2008, the slogan was “Yes We Can.” For 2011–12, it’s “We Can’t Wait.” What happened in between? Candidate Obama, the vessel into which myriad dreams were poured, met the reality of governance. His near–$1 trillion stimulus begat a stagnant economy with 9 percent unemployment. His attempt at Wall Street reform left ... MOREPeter Wilson: Politicizing The Farmers' Market
Farmers don't need politicians and do-gooders to run market. I don't understand those "No Farms, No Food" bumper stickers you see around places like Cambridge and Berkeley. Isn't it obvious? Why not "No toy factories, no toys?" "No Apple, No iPods?" "No Chickens, No Eggs?" (Or is it the other way around) Is there a nefarious anti-farm lobby I don't know about? ... MOREGene Healy: Obama's Solyndra Silence
President hides from green energy boondoggle fallout. On Friday, citing "longstanding and important Executive Branch confidentiality interests," White House counsel Kathryn Ruemmler refused a House panel's demand for "all communications among White House staff and officials" relating to Solyndra. Solyndra is one of the administration's pet "green energy" ... MOREBLOOMBERG: More Tax Money Wasted On Green Energy
Another taxpayer-backed company goes bankrupt. Beacon Power Corp., an energy- storage company that received $43 million in backing from the U.S. program that supported failed solar-panel maker Solyndra LLC, filed for bankruptcy after struggling to raise private financing. The money-losing company, which makes flywheels that manage energy moving through ... MOREInvestors Business Daily: California's Economic Suicide
Proof that the mind is a terrible thing to waste. Regulations finalized by the California Air Resources Board establish the nation's first state-run cap-and-trade regime. Despite Solyndra, the state will gather solar panels while it may. The 262 pages of regulations implementing California's 2006 global warming legislation, Assembly Bill 32, approved by CARB last Thursday, will ... MOREScott Mayer: Free-Market Green Jobs For $2.63 A Day
Taking the challenge to do the math. I employ the services of a landscape maintenance company (AKA a gardener) to maintain my yard. The very existence of his business depends on the collection of that $80 from me ($2.63 a day) as well as the 30 or 40 other people whom he provides his services to each month. This type of service may seem like an unnecessary ... MOREVIDEO: Green Monsters In The White House
Bad news for Barry! A peek inside the bubbling Solyndra scandal.
John Hinderaker: The Smart And The Dumb
Blind to the bonanza. The smart is Harold Hamm, the founder and CEO of Continental Resources and one of America’s richest men. Hamm is one of the primary developers of the Bakken oil fields; he estimates that they contain 24 billion barrels of oil. The dumb is Barack Obama. The Wall Street Journal describes Hamm’s meeting with Obama: When it was Mr. Hamm’s turn ... MOREMatthew Daly: Obama Admin Approves $1B in Solar Loans
It worked so well with Solyndra. The Energy Department on Wednesday approved two loan guarantees worth more than $1 billion for solar energy projects in Nevada and Arizona, two days before the expiration date of a program that has become a rallying cry for Republican critics of the Obama administration's green energy program. Energy Secretary Steven Chu ... MORESolyndra's Creditors Include California Democratic Party
The stench of money laundering. Among the roughly 5,000 creditors named by Solyndra, a bankrupt solar energy company that is under investigation for losing a half billion dollars in federal loans, is the California Democratic Party, which says it doesn't know why. The bankruptcy filing doesn't say why the organization is listed as one of the creditors or ... MOREA. Barton Hinkle: The Renewable Energy Boondoggle
The truth about wind and solar power. Last month Glen Besa, the director of the Sierra Club's Virginia chapter, rebuked Dominion Virginia Power for failing to "jump-start the clean, renewable energy industry in Virginia. ... Offshore wind, which is plentiful off Virginia's coast, could create 10,000 jobs in the commonwealth. It is time for Dominion to make major investments ... MORE
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