Green Energy’s Many Failures


In case you think “green” energy will also produce “green” jobs, think again. This article in American Thinker dispels that notion and further goes on to show that green energy has failed again and again.

Those green jobs we have been promised have been a mirage. They are often temporary in nature and come at an extraordinary high price. Loan guarantees, mandates, feed-in tariffs, outright gifts of taxpayer money and other assorted goodies from the government have gone to bolster the prospects of profiteers and not the paychecks of workers. Often the money eventually flows to China to buy products (solar panels, wind turbines, rare earth minerals). The billions for green energy buried in the stimulus bill and the budget of the Department of Energy have been a stimulus all right: to China. But not only have the Chinese benefitted.

Obama’s spending has also enriched various venture capitalist supporters in Silicon Valley and other enclaves where Barack Obama is still popular. The billions that have flowed out of Washington (that is, from us) have brightened the prospects for such Green Entrepreneurs as Al Gore, the political prospects of the Biden family in Delaware (the electric car company Fisker Automotive got hundreds of millions of taxpayer dollars from Uncles Barack and Joe Biden to open a factory in Delaware of all places — despite the fact that most new car factories now are located in right-to-work states; but the Biden political dynasty needs all the help it can get back home).

The billions tucked away here and there in Obama’s trillion dollar budgets serve as a slush fund to enrich people under the Democrats’ “friends and family program” (such as the Carnahan political dynasty in Missouri, enriched by stimulus money poured into a wind farm owned by a prominent member of that family; and the Kanjorksi clan in Pennsylvania — the nephew of then Congressman Paul Kanjorski worked for companies, including a Spanish solar company, that received hundreds of millions of dollars in earmarks and grants for green energy ventures). These billions have also been a way to pay back donors and Bundlers for Barack.

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About rereno

Real estate investor
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