The Obama Regime energy policy is primarily about driving up the cost of fossil fuels to the point that they are no longer affordable so that we will have no choice but to turn instead to the so-called “green” or “alternative” energy sources of wind, solar and biomass. To that end they have tried to sell the idea that we must move quickly to convert to these alternative energy sources so that we won’t lose our competitive edge to China. Oh, yes; and think of all of the green jobs that will be created.
Much to the disappointment of the O-Regime, the Chinese government announced that it “would stop expanding its wind and solar industries, choosing instead to focus on nuclear, hydroelectric and shale …. as the energies of the future.” How about them apples?! Obama has been telling us that fossil fuels are the energy of the past and wind, solar and algae are the fuel sources of the future. As I’ve said in the past, I have yet to fill up my gas tank with wind, sunbeams or seaweed as Dr. K-Hammer quipped.
“It is getting tougher and tougher for the Obama administration to argue that somehow we’re in this big race for green power worldwide when the rest of the world seems to have decided that the race isn’t worth winning,” Daniel Kish, the senior vice president for policy at the Institute for Energy Research, told The Daily Caller.
President Barack Obama, whose administration has held up solar and wind energy while stunting shale and snubbing hydroelectric, has deployed nationalist lingo, holding the specter of global Chinese green technology dominance as a driving motivation behind the administration’s expensive and embattled green energy subsidy programs. In his 2012 State of the Union address, Obama said, “I will not cede the wind or solar or battery industry to China or Germany because we refuse to make the same commitment here.”
By halting wind and solar industry expansion, Kish told TheDC, “China’s just doing what every other country in the world other than the United States is doing. Years back, the president used Spain as an example [of green energy competition] … then Germany, then China.”
Spain’s green energy subsidies were found to have a cost of 2.2 jobs for every one created; and in Germany, the government announced this year that it is scaling back its subsidies. “It’s too damn expensive,” Kish explained, “and someone’s got to pay for it.”
Read the whole article here. Hat tip Rain of Lead.