Archive for the “Obama” Category
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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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 to fight climate change at Durban 2011. But despite Barack Obama’s full-fledged support for the green agenda early in his presidency, he has become increasingly hesitant to engage in some of the U.N.’s costly climate programs.
A major topic on the Durban agenda, Nov. 28 through Dec. 9, is the extension of the Kyoto Protocol. The agreement binds 37 developed nations to reduce greenhouse emissions from 1997 to 2012 through implementing regulations.
But doubts about global warming science, as well as the declining world economy, have contributed to many developed countries getting cold feet.
“Of the major players in the Kyoto Protocol, my sense is that the EU is the only one still considering signing up in some fashion to a second commitment period,” said U.S. Special Envoy for Climate Change Todd Stern while discussing Durban 2011 at a meeting on global warming in Mexico City. “Japan is clearly not, Russia is not, Canada is not and Australia appears unlikely.”
Read the rest at World Net Daily.
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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 where one of General Motors’ combined electric-and-gasoline powered Volt autos sits unwanted, unsold and unused.
The Chevy Volt would cost its buyer almost $40,000 “even after a $7,500 federal check and that’s more than twice the price of a comparable Chevy Cruze, Kelly told The Daily Caller. “I just pay interest on it, insure it, and in another week or month, we’ll scrape snow off it.” (SEE ALSO: Obama to go around Congress on “regular basis” to “heal the economy.”
His lonely Volt, however, isn’t truly alone. There are 3,370 Volts sitting in auto lots around the country, up from 2,600 on Oct. 3, according to cars.com, one of the nation’s largest automotive classified sites.
The Chevy Volt was to be a centerpiece of President Barack Obama’s green technology industrial revolution, and of his 2012 re-election campaign.
It, and similar green technology products, were expected to employ up to two million people by 2010, according to Obama’s economic advisers. The electric car boosters at the Department of Energy, for example, predicted production of up to 120,000 Volts per year from 2012 onwards, according to a Feb. 2011 update of the DOE’s ambitious report, “One Million Electric Vehicles By 2015.”
The car is the “flagship model of the government-industrial complex,” said Patrick Michaels, a senior research fellow at the libertarian Cato Institute. But sales data shows “this thing is not selling like they thought it would.”
Read the rest at Daily Caller.
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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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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 week, however, the blog Moonbattery found a very interesting memo from Romney’s office in 2005 announcing tough new regulations on emissions and noting a partnership with a familiar conservative b’te noire in this administration (via Sundries Shack):
Governor Mitt Romney today announced that Massachusetts will take another major step in meeting its commitment to protecting air quality when strict state limitations on carbon dioxide (CO2) emissions from power plants take effect on January 1, 2006. …
Massachusetts is the first and only state to set CO2 emissions limits on power plants. The limits, which target the six largest and oldest power plants in the state, are the toughest in the nation…
In addition to reaffirming existing stringent CO2 limits, the draft regulations announced today, which will be filed next week, contain protections against excessive price increases for businesses and consumers. They allow power generation companies to implement CO2 reductions at their own facilities or fund other reduction projects off-site through a greenhouse gas offset and credits program.
In other words, the Romney administration in 2005 essentially did what Barack Obama’s EPA wants to do now. He imposed CO2 emission caps, “the toughest in the nation,” in an effort to curtail traditional energy production. Not only did Romney impose these costly new regulations, he then imposed price caps to keep power companies from passing the cost along to the consumer. As we have seen in RomneyCare, regulation and price controls eventually drive businesses into bankruptcy or relocation.
So what has happened to Massachusetts’ electrical production since signing these regulations into law? According to the EIA, whose latest data is for 2009, it dropped 18% in four years, from over 46 billion megawatt hours to 38 billion. International imports, however, went from 697 million megawatt hours in 2006 to 4.177 billion megawatt hours two years later, and to almost 5 billion megawatt hours in 2009, more than twice the amount imported in any of the previous twenty years.
And who advised Romney on these regulations? Why, none other than Obama’s chief science adviser, John Holdren…
Read the rest at Hot Air.
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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 April and May 2010, at a time when Solyndra’s auditors were already warning that the company was in danger of collapsing.
Details of the plan are revealed in e-mails released this week by Democrats on the House Energy and Commerce Committee, which is investigating the original loan. On Wednesday, the probe intensified as committee Republicans requested that the White House provide all documents, dating back to President Obama’s inauguration, that would show communications between staff members and other officials regarding Solyndra’s original $535 million federal loan guarantee.
Republican leaders said that documents obtained in recent weeks show that Obama’s “closest confidantes” monitored the loan, and that his campaign donors offered advice on the company.
Read the rest at the Washington Post.
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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 150 of its 1,350 jobs. The Obama administration supported the NREL in 2009 with roughly $200 million in stimulus grants. Energy Secretary Stephen Chu visited Golden in May 2009 to promote the NREL as a beneficiary of those funds.
Read the rest at the Daily Caller.
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By Eric Lipton and Clifford Krauss
In a remote desert spot in northern Nevada, there is a geothermal plant run by a politically connected clean energy start-up that has relied heavily on an Obama administration loan guarantee and is now facing financial turmoil.
The company is Nevada Geothermal Power, which like Solyndra, the now-famous California solar company, is struggling with debt after encountering problems at its only operating plant.
After a series of technical missteps that are draining Nevada Geothermal’s cash reserves, its own auditor concluded in a filing released last week that there was “significant doubt about the company’s ability to continue as a going concern.”
It is a description that echoes the warning issued in 2010 by auditors hired by Solyndra, which benefited from the same Energy Department loan guarantee before its collapse in August caused the Obama administration great embarrassment.
Read the rest at the New York Times.
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By Alexander Burns
President Barack Obama will raise money in early October with a Missouri businessman whose company benefited from a $107 million federal tax credit to develop a wind power facility in his state.
Tom Carnahan, a scion of Missouri’s most prominent Democratic political family, is listed on Obama’s campaign website as a host of a $25,000-per-person fundraiser to be held in St. Louis on October 4.
His investment firm, Wind Capital Group, was helped by a sizable credit authorized in the stimulus, for an energy project in northwest Missouri.
Republicans argue that it’s inappropriate for the Obama campaign to raise money from a donor who has benefited directly from the Recovery Act.
Missouri Republican Party executive director Lloyd Smith compared the situation to the Solyndra affair, in which the Obama administration reportedly rushed federal support to a green-energy firm that subsequently collapsed.
Read the rest at Politico.
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Those of us from Chicago know exactly what the Solyndra scandal smells like. And It doesn’t smell fresh and green.
By John Kass
The Solyndra scandal cost at least a half-billion public dollars. It is plaguing President Barack Obama. And it’s being billed as a Washington story.
But back in Obama’s political hometown, those of us familiar with the Chicago Way can see something else in Solyndra - something that the Washington crowd calls “optics.” In fact, it’s not just a Washington saga - it has all the elements of a Chicago City Hall story, except with more zeros.
The FBI is investigating what happened with Solyndra, a solar panel company that got a $535 million government-backed loan with the help of the Obama White House over the objections of federal budget analysts.
Obama and Vice President Joe Biden got a nice photo op. They got to make speeches about being “green.” But then Solyndra went bankrupt. Americans lost jobs. Taxpayers got stuck with the bill. And members of Congress are now in high dudgeon and making speeches.
Federal investigators want to know what role political fundraising played in the guarantee of the questionable loan. Washington bureaucrats warned the deal was lousy. And White House spokesmen flail desperately, like weakened victims in a cheesy vampire movie.
So forget optics. What about smell? It smells bad, and it’s going to smell worse.
Or, did you really believe it when the White House mouthpieces — who are also Chicago City Hall mouthpieces — promised they were bringing a new kind of politics to Washington?
This is not a new kind of politics. It’s the old kind. The Chicago kind.
Read the rest at the Chicago Times.
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By Erin Houst
As if the Solyndra and LightSquared controversies were not enough, another one of President Obama’s favorite companies pushing the green agenda is being investigated, this time in China.
Johnson Controls Inc., which is headquartered in Wisconsin and operates a battery manufacturing facility in Shanghai, has recently come under scrutiny by locals for excessive cases of lead poisoning in children living in the area. According to China Daily, 25 children in Kangqiao town are being treated for lead poisoning. The Johnson Controls plant, along with others in the area, has been shut down.
Read the rest at CDN.
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