Archive | Economics

Congress Reverses Light Bulb Ban… NOT

By the P/O’d Patriot I, like many of you, did a few cartwheels when I noticed the headline on Drudge that said: “Congress Overturns Incandesenct Light Bulb Ban…” The dreaded “green” light bulb ‘mandate’ that was created in 2007 was dead! I began to proclaim the good news from the highest mountains in the land […]

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Household Electricity Bills Skyrocket

Obama in 2008: “Under my plan… electricity rates will necessarily skyrocket.” By Dennis Cauchon Electric bills have skyrocketed in the last five years, a sharp reversal from a quarter-century when Americans enjoyed stable power bills even as they used more electricity. Households paid a record $1,419 on average for electricity in 2010, the fifth consecutive […]

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Collapse of Chicago Climate Exchange Means a Strategy Shift on Global Warming Curbs

The closing this week of the Chicago Climate Exchange, which was envisioned to be the key player in the trillion-dollar “cap and trade” market, was the final nail in the coffin of the Obama administration’s effort to pass the controversial program meant to combat global warming. “It is dead for the foreseeable future,” said Myron […]

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Taxpayer-Subsidized Nissan Leaf Fails Real-Life Test

By Paul Chesser On Monday NLPC’s Mark Modica smartly called into question Consumer Reports’ sudden change in opinion about the electric hybrid Chevy Volt from a vehicle that they once believed “doesn’t seem to make a lot of sense,” to one the publication recommends. The next day, however, CR delivered an online review of the […]

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Global Warming Showdown: And Skeptics are Winning

U.N. prepares for urgent battle to extract $100 billion from U.S. By Michael F. Haverluck The U.S. and other developed nations are reconsidering their commitments to fight global warming before the upcoming 17th Climate Change Conference in Durban, South Africa. The United Nations wants representatives of world governments and international organizations to advance its agenda […]

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North Dakota Suing Minnesota Over Alleged Interstate Commerce Infringements.

From Plains Daily North Dakota Attorney General Wayne Stenehjem is announcing a lawsuit against the State of Minnesota over the latter state’s restrictions on using power from coal plants, among other sources. “It is unfortunate it has come to this. As Minnesota seeks to rebuild its economy, it will need energy,” said Stenehjem in a […]

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Volt Drains Power from Economy, Obama's 2012 Campaign

By Neil Munro The White House’s green technology revolution is sitting in an auto lot in Butler, Pa., and nobody is buying. “Nobody comes in to ask, nobody comes in to look. The American people are smarter than the government. They’re not buying that car,” said Republican Rep. Mike Kelly, who owns the auto lot […]

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Tennessee Electrified Truck Terminal Files for Bankruptcy After $400,000 Stimulus Injection

By Johnathan Serrie Just months after obtaining more than $400,000 in federal stimulus funds, TR Auto Truck Plaza off Interstate 40 sits idle. The Tennessee Department of Transportation (TDOT) handed out the $424,000 Environmental Protection Agency stimulus grant for electrical hookups so that truckers wouldn’t have to burn diesel fuel while resting. Both the state […]

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Car Company Gets U.S. Loan, Builds Cars In Finland

By Matthew Mosk and Ronnie Greene With the approval of the Obama administration, an electric car company that received a $529 million federal government loan guarantee is assembling its first line of cars in Finland, saying it could not find a facility in the United States capable of doing the work. Vice President Joseph Biden […]

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Will Romney hire Obama's climate-change guru Holdren?

By Ed Morrissey Conservatives know well that Mitt Romney has so far refused to back away from his contention that anthropogenic global warming is real, and yet the former Massachusetts governor continues to lead the Republican race for the presidential nomination. In seven debates, none of Romney’s competitors have challenged him on this position. This […]

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Solar Project That Received $1.2 Billion Federal Loan Sponsored by Financially Troubled Firm

By Stephen Clark With the Solyndra scandal still swirling, the Obama administration is under pressure to reveal the financial condition of the solar companies that received $4.75 billion in similar federal loan guarantees on the last day of the program. Republican lawmakers on two House committees are seeking details about the loans given to First […]

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Protestors Greet Global Warming Author in Minneapolis

By Cory Kampschroer A small group of demonstrators was on hand in Minneapolis today for the arrival of a global warming author and speaker. Dr. Michael Mann spoke Wednesday at the Geological Society of America’s annual meeting at the Minneapolis Convention Center. Mann is a physicist and climatologist and is best known as one of […]

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E-mails show Energy Department was moving toward second loan for Solyndra

By Carol D. Leonnig and and Joe Stephens Newly released e-mails show the Obama administration’s Energy Department was poised to give Solyndra a second taxpayer loan of $469 million last year, even as the company’s financial situation grew increasingly dire. The department was still considering providing the second loan guarantee to the solar-panel manufacturer in […]

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'Green Jobs' farm in Colorado Sheds Jobs after receiving $200M in Stimulus Funds

by Matthew Boyle President Barack Obama’s “green jobs” initiatives suffered another major blow late Monday, as the nonprofit National Renewable Energy Lab in Golden, Colorado, announced a plan to lay off roughly 10 percent of its staff through a voluntary buy-out plan. According to the Denver Post, the lab plans to eliminate between 100 and […]

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