Tag Archives: Environment

Obama fundraisers got 80% of green energy loans ($16.4 billion)

Obama Economic Record November 2011
Obama Economic Record November 2011

From the Daily Beast, an article that explains how Obama rewarded many of his campaign fundraisers with green energy loans backed by taxpayer dollars.

Excerpt:

It would take an entire book to analyze every single grant and government-backed loan doled out since Barack Obama became president. But an examination of grants and guaranteed loans offered by just one stimulus program run by the Department of Energy, for alternative-energy projects, is stunning. The so-called 1705 Loan Guarantee Program and the 1603 Grant Program channeled billions of dollars to all sorts of energy companies. The grants were earmarked for alternative-fuel and green-power projects, so it would not be a surprise to learn that those industries were led by liberals. Furthermore, these were highly competitive grant and loan programs—not usually a hallmark of cronyism. Often fewer than 10 percent of applicants were deemed worthy.

Nevertheless, a large proportion of the winners were companies with Obama-campaign connections. Indeed, at least 10 members of Obama’s finance committee and more than a dozen of his campaign bundlers were big winners in getting your money. At the same time, several politicians who supported Obama managed to strike gold by launching alternative-energy companies and obtaining grants. How much did they get? According to the Department of Energy’s own numbers … a lot. In the 1705 government-backed-loan program, for example, $16.4 billion of the $20.5 billion in loans granted as of Sept. 15 went to companies either run by or primarily owned by Obama financial backers—individuals who were bundlers, members of Obama’s National Finance Committee, or large donors to the Democratic Party. The grant and guaranteed-loan recipients were early backers of Obama before he ran for president, people who continued to give to his campaigns and exclusively to the Democratic Party in the years leading up to 2008. Their political largesse is probably the best investment they ever made in alternative energy. It brought them returns many times over.

Think of it as a welfare program paid by the middle class to enrich the secular leftist millionaires and billionaires. Taxing the poor to pay for the rich. That’s what the Democrats mean by stimulus spending. And that’s why we have been running trillion-dollar deficits for 3 years with an unemployment rate of 9% or more. They got elected in order to enrich themselves, because they are motivated by greed.

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Inspector General finds that EPA climate science fails tests

From the Competitive Enterprise Institute.

Excerpt:

The Environmental Protection Agency’s Inspector General has found that the agency based its 2009 “Endangerment Finding” on a flawed and inadequate assessment of climate science.

The IG’s report, released today, provides support to claims by Senator James M. Inhofe, (R-Okla.), Ranking Member of the Senate Committee on Environment and Public Works, CEI, and many others that the EPA’s justification for its decision to regulate greenhouse gas emissions using the Clean Air Act relied on politically-biased science that does not meet minimal federal Information Quality Act requirements for objectivity.

“The Inspector General’s report requested by Senator Inhofe is just the latest evidence that the EPA is relying on junk science, bending the rules, and ignoring its own procedures in order to do whatever the White House wants them to do,” said Myron Ebell, Director of CEI’s Center on Energy and Environment.  “Under President Obama, the EPA has become a lawless agency.”

“The EPA avoided rigorous peer review of its endangerment finding Technical Support Document by not classifying it as a ‘highly influential’ scientific document,” said Marlo Lewis, CEI Senior Fellow. “In fact, the TSD may be the most influential document claiming scientific content any U.S. government agency has ever produced. It is the scientific rationale for EPA’s audacious – and congressionally unauthorized – project to de-carbonize the U.S. economy.”

“The EPA failed – or refused – to comply with the legal standards required of federal agencies, standards that are crucial because of serious impact regulations can have on the economy,” said Christopher Horner, CEI Senior Fellow.

“This is not the first time an activist administration has been reprimanded for producing junk climate science,” Horner added.  “As a result of a lawsuit brought by CEI, Senator James Inhofe, and others, the Clinton/Gore administration put a disclaimer on the National Assessment on Climate Change that the report had not been subjected to the requirements of the Federal Information Quality Act.”

I notice that the EPA is one of 5 factors listed by John Hawkins in his recent post about the Obama administration’s war on job creators.

Excerpt:

3) The EPA: The EPA has been waging a one bureaucracy war against American business and capitalism for a long while, but it’s stepping up its attacks to draconian levels under the Obama Administration. The EPA is pushing new greenhouse gas rules that could cost 7.3 million jobs and add $32.2 billion annually in new regulatory costs. Additionally, although environmentalists have claimed it’s a “myth,” the EPA is indeed planning to tighten its standards for how much dust can be in the air to a level lower than you’d find in “an average windy day in Dodge City.” The EPA’s new rules on boilers would wipe out 18% of the workforce in the pulp and paper mills. If you’re a business owner in one of these industries and you see that the EPA is about to begin waging this sort of economic war against you, would you be creating any new jobs?

We need to be very skeptical of government-funded “research” that finds that more government is needed to control more of the private sector.

Jay Richards asks: what should Christians believe about global warming?

From Boundless.

Excerpt:

The big environmental issue nowadays is global warming. Anyone who watches or reads the news even occasionally has been told that humans are causing global warming through all the fossil fuels we’re burning. They’ve also been told that this warming process eventually will prove catastrophic if we don’t reverse course as soon as possible.

As thinking Christians and good stewards, how should we respond?

The short answer is, we should respond thoughtfully. Thoughtless stewards are rarely good stewards.

Notice that my brief summary of the global warming controversy bundled together several distinct claims. To think clearly about this issue, we have to tease apart this bundle of claims and consider each one. For each claim, there is a corresponding question we need to answer. And it’s only after answering these questions that we can be in a position to determine what, if anything, we ought to do about global warming.

Here are the four central questions:

  1. Is the earth warming?
  2. If the earth is warming, is human activity (like carbon dioxide emissions) causing it?
  3. If the earth is warming, and we’re causing it, is that bad overall?
  4. If the earth is warming, we’re causing it, and that’s bad, would any of the proposed “solutions” (e.g., the Kyoto Protocol, legislative restrictions on carbon dioxide emissions) make any difference?

If you like this article, you download a video of a lecture on this same topic, or listen to the audio from the lecture. The lecture was delivered at the University of California, Davis.