Archive for the “Obama” Category
Nominee Has Misled on Major Regulations and Is Implicated in Email Scandal
By Competitive Enterprise Institute
Gina McCarthy has decades of experience as an environmental bureaucrat, but a number of factors make her wholly unqualified to serve as EPA Administrator, say experts at the Competitive Enterprise Institute. President Barack Obama nominated McCarthy on Monday to succeed Lisa Jackson to lead EPA.
“As Assistant EPA Administrator for the Office of Air and Radiation, Gina McCarthy has implemented radical environmental policies that will put hundreds of thousands of Americans out of work but do little to nothing to improve environmental quality,” said Myron Ebell, Director of the Center for Energy and Environment at CEI.
“McCarthy has regularly tried to conceal the Obama administration’s economically destructive policies by misleading Congress, the public and industry. She has regularly stonewalled congressional requests for crucial information. And she is up to her ears in the Richard Windsor e-mail scandal,” Ebell said.
Read the rest at Competitive Enterprise Institute.
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By Zack Coleman
President Obama has identified climate change as one of his top three priorities in his second term after coming under fire from environmentalists for giving the issue short shrift during the campaign.
The president, in an interview for TIME’s Person of the Year award, said the economy, immigration, climate change and energy would be at the top of his agenda for the next four years.
The interview took place before the fatal shootings at Sandy Hook Elementary School in Newtown, Connecticut, an incident that had pushed gun control to a top spot on Obama’s agenda.
Obama said his daughters have influenced his thinking about the need to tackle climate change.
Read the rest at The Hill.
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As the wheels are falling off the global warming bandwagon, Obama will double down?
By Ben German
President Obama is vowing to make the case for action on global warming during the 2012 campaign.
“I suspect that over the next six months, this is going to be a debate that will become part of the campaign, and I will be very clear in voicing my belief that we’re going to have to take further steps to deal with climate change in a serious way,” Obama told Rolling Stone magazine in a newly published interview.
Obama’s comments follow a first term that saw global warming legislation collapse in Congress but several administrative steps to address climate proceed, such as tougher auto mileage rules and first-time greenhouse gas standards for new power plants.
Read the rest at the Hill.
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The president’s green energy policies don’t add up
By Donald J Bourdreaux
Speaking recently at America’s largest solar energy plant — in Boulder City, Nev. — President Obama insisted that green energy is so important, “You’d think that everybody would be supportive of solar power. And yet, if some politicians have their way, there won’t be any more public investment in solar energy.”
Indeed. And judging from the recent actions of Obama’s Commerce Department, the president himself is among those politicians.
The Commerce Department has decided to impose tariffs ranging from 2.9 percent to 4.73 percent on subsidized Chinese solar panels that are imported into the U.S.
It takes remarkable cheek for Obama to insist that, while American “public investment” in green energy is virtuous, Chinese “public investment” in green energy is vile.
Not that opposition to subsidies for solar and other “green” energies is to be lamented. Quite the opposite. Politicians have no expertise at forecasting consumers’ energy needs or identifying how best to meet those needs. And the fact that the money politicians spend to promote green-energy firms comes from taxpayers further reduces the likelihood that such subsidies will yield positive payoffs for the general public.
In a sane world, Obama would celebrate Beijing’s subsidies to Chinese solar panel exporters. Those subsidies supply Americans with the alleged benefits of artificially low-priced solar panels, but on China’s nickel!
Read the rest at the Daily.
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By Joel Gehrke
In keeping with the recent trend of so-called green companies going into the red, another solar energy company supported by President Obama’s top administration officials declared bankruptcy today.
Solar Trust for America received $2.1 billion in conditional loan guarantees from the Department of Energy — “the largest amount ever offered to a solar project,” according to Energy Secretary Steven Chu — for a project near Blythe, Calif., but declared bankruptcy within a year. It is unclear how much of the guarantee, if any, was actually awarded.
Read the rest at the Washington Examiner.
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In a speech before the Daimler Trucks North America manufacturing plant in Charlotte, N.C. today, the president delivered his answer to rising gas prices: He wants to increase the $7,500 tax credit for alternative-energy vehicles to $10,000, earmark $1 billion to reward cities that provide infrastructure for such vehicles, earmark an additional $650 million for a research program to increase the range and decrease the price of the vehicles, and repeal $4 billion of tax incentives for oil and gas companies.
Read the rest at Hot Air.
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Investors Business Daily Editorial
Energy: The White House billed President Obama’s energy policy speech as a response to mounting criticism of record high gas prices. What he delivered was a grab bag of excuses and outright falsehoods.
Obama’s main message to struggling motorists was: It’s not my fault, so stop whining. The speech only got worse from there, recycling excuses and myths that Obama’s peddled for years. But there were some standout whoppers that deserve debunking. The five biggest:
“We’re focused on production.”
Fact: While production is up under Obama, this has nothing to do with his policies, but is the result of permits and private industry efforts that began long before Obama occupied the White House.
Obama has chosen almost always to limit production. He canceled leases on federal lands in Utah, suspended them in Montana, delayed them in Colorado and Utah, and canceled lease sales off the Virginia coast.
His administration also has been slow-walking permits in the Gulf of Mexico, approving far fewer while stretching out review times, according to the Greater New Orleans Gulf Permit Index. The Energy Dept. says Gulf oil output will be down 17% by the end of 2013, compared with the start of 2011. Swift Energy President Bruce Vincent is right to say Obama has “done nothing but restrict access and delay permitting.”
“The U.S. consumes more than a fifth of the world’s oil. But we only have 2% of the world’s oil reserves.”
Fact: Obama constantly refers to this statistic to buttress his claim that “we can’t drill our way to lower gas prices.” The argument goes that since the U.S. supply is limited, it won’t ever make a difference to world prices.
Read the rest at Investors Business Daily.
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Washington, D.C. – Senator James Inhofe (R-Okla.), Ranking Member of the Senate Committee on Environment and Public Works commented on President Obama’s State of the Union Address.
“President Obama has clearly received the message that his global warming agenda is gone, dead, done with the American people – that’s why he was touting oil and natural gas so much in his State of the Union address tonight,” Senator Inhofe said. “He understands that especially in a weak economy, Americans want the hundreds of thousands of jobs, the affordable energy prices, and the increased energy security that domestic fossil fuel development brings. But while he talks the talk, he is clearly still determined to achieve his global warming agenda by shutting down oil, gas and coal development so that energy prices will, as he said himself, ‘necessarily skyrocket.’
“President Obama congratulated himself tonight on decreasing imports of oil from the Middle East, but failed to mention that his policies of energy austerity, which have caused gasoline prices nearly to double since he took office, are responsible for it. If he is determined, as his Energy Secretary Steven Chu said, to ‘boost the price of gasoline to the levels in Europe’ he is well on his way to achieving that goal. He claims to care about energy security, yet he stopped the Keystone pipeline – and the 20,000 American jobs it would have created – which would have done more than any other project to increase our energy security and revive our economy.”
Read the rest at the US Senate Committee on Environment and Public Works.
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From CBS San Francisco
After filing for bankruptcy last year, Fremont solar company Solyndra still owes American taxpayers half a billion dollars. But CBS 5 caught them destroying millions of dollars worth of parts.
At Solyndra’s sprawling complex in Fremont, workers in white jumpsuits were unwrapping brand new glass tubes used in solar panels last week. They are the latest, most cutting-edge solar technology, and they are being thrown into dumpsters.
Forklifts brought one pallet after another piled high with the carefully packaged glass. Slowly but surely it all ended up shattered.
And it’s not a few loads. Hundreds of thousands of tubes on shrink-wrapped pallets will meet a similar demise.
Solyndra paid at least $2 million for the specialized glass. A CBS 5 crew found one piece lying in the parking lot. Solyndra still owes the German company that made the tubes close to another $8 million.
Read the rest and see video at CBS San Francisco
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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 yearly increase above the inflation rate, a USA TODAY analysis of government data found. The jump has added about $300 a year to what households pay for electricity. That’s the largest sustained increase since a run-up in electricity prices during the 1970s.
Electricty is consuming a greater share of Americans’ after-tax income than at any time since 1996 — about $1.50 of every $100 in income at a time when income growth has stagnated, a USA TODAY analysis of Bureau of Economic Analysis data found.
Read the rest at USA Today.
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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 Ebell, director of the Center for Energy and the Environment with the Competitive Energy Institute, which had fought the measure.
Read the rest at Fox News.
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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 and EPA were apparently unaware that owner Rick Lewis had a history of legal and financial problems and had filed for bankruptcy.
What was originally lauded as Tennessee’s first electrified truck terminal is now boarded up.
“It is Solyndra in miniature,” said Rep. Phil Gingrey, R-Ga., referring to a Silicon Valley solar panel manufacturer that filed for bankruptcy shortly after receiving a $535 million loan guarantee from the U.S. Department of Energy. “What I am questioning is the vetting and oversight and the fiduciary responsibility that the federal government — the people who run these programs — have to we, the taxpayer.”
Even before his latest bankruptcy filing, Lewis had a history of financial troubles. He filed for bankruptcy in 2003, a year after a conviction on 31 counts of theft. And Lewis currently faces indictments for allegedly writing worthless checks, according to court records.
Read the rest at Fox News.
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By Eamon James
Someone affiliated with the Department of Energy has been going back to make changes to press releases posted on the Internet weeks and months ago, CNBC has found.
The changes occurred in two press releases from the Department of Energy’s loan guarantee program – the same program that has been the center of controversy surrounding the failed solar company Solyndra.
Both were changed to remove the name of a company that has received negative press attention in recent days, SunPower, and replace it with the name of another company, NRG Energy.
Generally, it is not considered correct procedure to revise old press releases retroactively on the Web. More commonly, government agencies will issue a new press release with a current date explaining any changes that have occurred.
Read the rest at CNBC.
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