Tag Archives: Climate Change

Another green energy firm goes bankrupt after getting $43 million loan from taxpayers

From Fox News.

Excerpt:

An energy company that received a $43 million loan guarantee through the same federal program that backed Solyndra has followed the path of the failed solar firm and filed for bankruptcy.

Beacon Power Corporation filed for Chapter 11 bankruptcy on Sunday in U.S. Bankruptcy Court in Delaware. The company, which develops energy storage systems based on what are known as “flywheels,” had received the federal guarantee for a 20-megawatt energy storage plant in Stephentown, N.Y., back in August 2010.

[…]The Massachusetts-based company also received $29 million in grants from the Energy Department and the state of Pennsylvania through separate programs for a plant in Hazle Township, Pa.

Beacon Power Corporation has not responded to a request for comment from FoxNews.com.

[…]Sen. Jeff Sessions, R-Ala., ranking member of the Senate Banking Committee, called the revelation of the bankruptcy another example of “the reckless abuse of taxpayers’ dollars in the pursuit of green jobs.” He also suggested that crony capitalism had a hand in the decision to give Beacon a loan.

One of the most controversial aspects of the Solyndra case — aside from the sheer size of the $535 million guarantee — was a decision earlier this year to prioritize private investors over taxpayers in case of bankruptcy. Republicans have accused the administration of giving precedence to investors in the companies who are also Obama backers.

“As with Solyndra, the head of Beacon Power appears to have been a supporter of President Obama’s,” Sessions said in a statement.

“Increasingly, we are moving away from our capitalist heritage and towards a system where most Americans play by the rules while some are able to rig the game in their favor. The real divide is not split along income lines, but between the politically-connected and those—whether businesses or individuals—who just want the freedom to earn a living.”

[…]Campaign finance records show top Beacon officials contributing to Democratic candidates. Capp apparently was an Obama supporter, giving at least $500 to the Obama campaign in 2008. He also donated to Rep. Niki Tsongas, D-Mass.

Beacon employee Matthew Polimeno has donated $750 since 2008 to Tsongas’ campaign and another $250 to the failed campaign of Massachusetts Democratic Senate candidate Martha Coakley. CFO James Spiezio also donated $250 to the Coakley campaign in 2009.

Marsha Blackburn is also involved in investigating the $535 million loan to Solyndra.

Solyndra is another Democrat-connected company that went bankrupt after getting taxpayer dollars from the Obama administration.

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Mitt Romney flip-flop videos: flat tax, abortion, health care, public sector unions, global warming

Most of the other Republican candidates are supporting flat taxes. But what does Mitt Romney support?

Human Events explains.

Excerpt:

In a full page Boston Globe advertisement in 1996, Romney attacked Steve Forbes’ flat tax proposal as being unfair and a “tax cut for fat cats!”

In the ad, he took an entirely populist theme saying among other things that the Forbes flat tax will drop taxes on the super-rich while stiffing the middle class.

The ad said, “0% Forbes tax on Kennedy’s, Rockefellers, and Forbes down and gone,” and on the other side said, “Forbes tax on you up and up!”

The Club for Growth noted Romney’s opposition to the flat tax in it’s white paper:

His strident opposition to the flat tax is most curious and difficult to explain since Romney wasn’t a political candidate at the time. In 1996, he ran a series of newspaper ads in Boston, New Hampshire, and Iowa denouncing the 17% flat tax proposed by then presidential candidate Steve Forbes as a “tax cut for fat cats.”   In 2007, Romney continued to oppose the flat tax with harsh language, calling the tax “unfair.”

That’s Romney’s actual view on tax reform. Whatever he says during an election campaign cannot be believed, because the man will say anything to get elected. Don’t believe me? Watch the videos below.

This short video shows a few of Romney’s biggest flip flops.

Note: I don’t support John Huntsman, but that’s a good look at Romney’s flip-flops.

Another one on global warming:

Another one on health care:

And another one on public sector unions:

Why is this man getting 20% of the vote in the Republican primary? He is not a serious candidate. Stop judging on appearances and make a right judgment.

Read more about Mitt Romney’s horrible policies in Massachusetts in this post.

Berkeley warmist Richard Muller accused of “hiding the decline” by team member

From UK Daily Mail.

Excerpt:

It was hailed as the scientific study that ended the global warming debate once and for all – the research that, in the words of its director, ‘proved you should not be a sceptic, at least not any longer’.

Professor Richard Muller, of Berkeley University in California, and his colleagues from the Berkeley Earth Surface Temperatures project team (BEST) claimed to have shown that the planet has warmed by almost a degree  centigrade since 1950 and is warming continually.

Published last week ahead of a major United Nations climate summit in Durban, South Africa, next month, their work was cited around the world as irrefutable evidence that only the most stringent measures to reduce carbon dioxide emissions can save civilisation as we know it.

But today The Mail on Sunday can reveal that a leading member of Prof Muller’s team has accused him of  trying to mislead the public by hiding the fact that BEST’s research shows global warming has stopped.

Prof Judith Curry, who chairs the Department of Earth and Atmospheric Sciences at America’s prestigious Georgia Institute of Technology, said that Prof Muller’s claim that he has proven global warming sceptics wrong was also a ‘huge mistake’, with no  scientific basis.

Prof Curry is a distinguished climate researcher with more than 30 years experience and the second named co-author of the BEST project’s four research papers.

Her comments, in an exclusive interview with The Mail on Sunday, seem certain to ignite a furious academic row. She said this affair had to be compared to the notorious ‘Climategate’ scandal two years ago.

Like the scientists exposed then by leaked emails from East Anglia University’s Climatic Research Unit, her colleagues from the BEST project seem to be trying to ‘hide the decline’ in rates of global warming.

In fact, Prof Curry said, the project’s research data show there has been no increase in world temperatures since the end of the Nineties – a fact confirmed by a new analysis that The Mail on Sunday has obtained.

‘There is no scientific basis for saying that warming hasn’t stopped,’ she said. ‘To say that there is detracts from the credibility of the data, which is very unfortunate.’

[…]Prof Muller also wrote an article for the Wall Street Journal. It was here, under the headline ‘The case against global warming scepticism’, that he proclaimed ‘there were good reasons for doubt until now’.

This, too, went around the world, with The Economist, among many others, stating there was now ‘little room for doubt’.

Such claims left Prof Curry horrified.

‘Of course this isn’t the end of scepticism,’ she said. ‘To say that is the biggest mistake he [Prof Muller] has made. When I saw he was saying that I just thought, “Oh my God”.’

In fact, she added, in the wake of the unexpected global warming standstill, many climate scientists who had previously rejected sceptics’ arguments were now taking them much more seriously.

They were finally addressing questions such as the influence of clouds, natural temperature cycles and solar radiation – as they should have done, she said, a long time ago.

[…][Guelph University professor]Prof McKittrick added: ‘The fact is that many of the people who are in a position to provide informed criticism of this work are currently bound by confidentiality agreements.

‘For the Berkeley team to have chosen this particular moment to launch a major international publicity blitz is a highly unethical sabotage of the peer review  process.’

In Prof Curry’s view, two of the papers were not ready to be  published, in part because they did not properly address the arguments of climate sceptics.

As for the graph disseminated to the media, she said: ‘This is “hide the decline” stuff. Our data show the pause, just as the other sets of data do. Muller is hiding the decline.

‘To say this is the end of scepticism is misleading, as is the  statement that warming hasn’t paused. It is also misleading to say, as he has, that the issue of heat islands has been settled.’

Should I be surprised that the Wall Street Journal, the Washington Post, the Huffington Post, etc. would publish alarmist propaganda before doing their homework? Every single one of them trumpets the fact that this man is a “global warming skeptic”.  The truth is, of course, that he is nothing of the kind.

The San Francisco Chronicle explains. (H/T Junk Science)

Excerpt:

Although Muller estimates 2 in 3 odds that humans are causing global warming, “the fact that the original conclusion of Mann et al. is ‘plausible’ is damning with faint praise,” he said. “Theories are plausible; discoveries are supposed to be proven.”

Can these mainstream media journalists check anything before swallowing hoaxes hook, line and sinker?

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