Tag Archives: Gas Prices

How Obama’s opposition to clean coal raises energy prices

From the Washington Times.

Excerpt:

GenOn Energy said it would shutter seven coal plants and one oil-fired plant in Pennsylvania, Ohio and Illinois with a total generating capacity of 3,140 megawatts. Midwest Generation followed suit with an advisory that it would close two coal plants serving Chicago.

The shutdowns represent a victory for President Obama, who in a 2008 interview as a candidate signaled his intention to run the coal industry into the ground: “So if somebody wants to build a coal-powered plant, they can, it’s just that it will bankrupt them because they’re going to be charged a huge sum for all that greenhouse gas that’s emitted.”

The president has made good on his promise. The Environmental Protection Agency (EPA) has squeezed coal producers in its campaign to halt carbon dioxide, the same “greenhouse gas” all animals produce when exhaling. In December, the agency announced new regulations limiting mercury emissions that will force many power plants out of business within four years.

The EPA estimates utilities across the country will need to shell out at least $9.4 billion in 2015 to meet its new mandate, but House Republicans put the true cost at $84 billion. Companies that stay in business will have to install expensive equipment that will drive up consumers’ monthly electric bills. The average retail price of electricity in America already has climbed 46 percent since 1997, says the U.S. Energy Information Administration (EIA).

Cleaner-burning natural gas is touted as a viable substitute for coal but the transition can’t be completed overnight. In the meantime, the nation’s net electricity generation is falling, down 7.1 percent from 2010 to 2011, says the EIA. Demand for electricity is projected to rise by 35 percent by 2035.

Green-energy enthusiasts look to windmills, solar panels and vegetable oil to save the day, but these trendy energy sources combined generate less than 5 percent of the nation’s energy – despite billions in subsidies. The net result of this policy could be electricity shortfalls when usage peaks in the summer. The energy brain trust has a remedy: Millions of homes across the country have been equipped with “smart meters” that can be instructed to hold back the juice. Brownouts might dim the future as Americans in the Age of Obama learn to get by with less.

The troublesome thing is that it is always the poorest families that have to pay the price for Obama’s Peter Pan energy policy. The rich Hollywood celebrities and wealthy Wall Street bankers who backed Obama in 2008 don’t mind paying a few more dollars.

Rick Santorum, Mitt Romney and Newt Gingrich’s views on global warming

Rick Santorum does not accept global warming socialism

From WPXI News.

Excerpt:

About 500 people showed up Monday at a local diner in Steubenville, Ohio, to support former Pennsylvania Sen. Rick Santorum as he gave a policy speech.

Santorum said President Barack Obama is pushing a radical environmental agenda that unwisely limits energy production and turns its back on science.

Santorum told voters in Steubenville Monday that science is on the side of those who want to aggressively produce more oil and natural gas in America. He said the notion of global warming is not climate science, but “political science.”

Santorum said Obama and his allies want to frighten people about new oil-exploration technologies so they can get their dollars and turn them over to politicians to win elections “so they can control your lives.”

Here’s Santorum in his own words: “There is no such thing as global warming”

And more Santorum: Global warming is “junk science”

Santorum calls global warming a “hoax” and opposes cap and trade carbon taxes:

Do you think that Rick Santorum would build the Keystone XL pipeline and create the 20,000 jobs? YES HE WOULD.

Mitt Romney accepts global warming socialism

What about Mitt Romney’s view on global warming?

Excerpt:

On the environment, Romney seemed interested in carving out an agenda largely in line with the state’s most fervent activists on the left.

After he took office in 2003, some state employees and activists were nervous about how the new governor would approach the climate-change issue. Massachusetts had already reached an agreement with other Northeastern states and some Canadian provinces on a plan to limit greenhouse gas emissions.

Romney surprised them by taking a hands-on approach, personally helping craft a “Massachusetts Climate Protection Plan” that he unveiled in 2004.

He reorganized the state government to create the Office of Commonwealth Development — with the former president of the liberal Conservation Law Foundation, Douglas Foy, as its head — to better coordinate climate work and sustainable-growth activities among different agencies.

As he worked on the plan, according to people familiar with the process, he even overruled some objections by his chief of staff, who criticized the plan as potentially too left-leaning.

Romney backed incentives for buying efficient vehicles, tougher vehicle emissions rules and mandatory cuts in emissions linked to global warming.

The plan not only called for reducing the state’s overall greenhouse gas emissions to 1990 levels by 2010 and cutting them another 10 percent by 2020, but it said that “to eliminate any dangerous threat to the climate . . . current science suggests this will require reductions as much as 75-85 percent below current levels.”

[…]Beyond the state climate plan, Romney repeatedly pushed to promote clean energy and cut the use of fossil fuels.

In March 2003 he pledged to buy up to $100 million worth of electricity from renewable sources. That month, he declared, “the global warming debate is now pretty much over.”

Here’s Mitt Romney in his own words:

Do you think that Mitt Romney would create the Keystone XL pipeline and create the 20,000 jobs? I say NO HE WOULD NOT.

Newt Gingrich accepts global warming socialism

What about Newt Gingrich’s view on global warming?

Excerpt:

Republican presidential contender Newt Gingrich, as a U.S. House representative from Georgia in 1989, was among the co-sponsors of a sweeping global warming bill that, among other things, called for an international agreement on population growth.

[…]The… Global Warming Prevention Act of 1989 (H.R. 1078) had144 co-sponsors, the majority of which were liberal Democrats such as Rep. Nancy Pelosi (D-Calif.), then-Rep. Barbara Boxer (D-Calif.) and Rep. Barney Frank (D-Mass.) and Rep. John Conyers (D-Mich.). There were only 25 Republican co-sponsors, which included Rep. Gingrich.

The legislation… set a national goal of reducing carbon dioxide levels by at least 20 percent by the year 2000 “through a mix of federal and state energy policies,” as well as “the establishment of an International Global Agreement on the Atmosphere by 1992.”

In addition, the legislation’s summary includes the section “Title XI: World Population Growth.” That section states: “World Population Growth — Declares it is the policy of the United States that family planning services should be made available to all persons requesting them. Authorizes appropriations for FY 1991 through 1995 for international population and family planning assistance. Prohibits the use of such funds for: (1) involuntary sterilization or abortion; or (2) the coercion of any person to accept family planning services.

[…]In 2008, Gingrich appeared alongside Rep. Pelosi (D-Calif.) in a television ad calling for action to address the apparent global warming problem.

Here’s Newt Gingrich in his own words:

Do you think that Newt Gingrich would create the Keystone XL pipeline and create the 20,000 jobs? I say NO HE WOULD NOT.

Which one of these three candidates is the real conservative?

Rick Santorum

Mitt Romney

Why are gas prices so high? 11 more Solyndras in Obama’s energy program

Hans Bader reviews Obama’s energy plan.

Excerpt: (links removed)

A liberal Congress must share the blame for this fiasco, since the massive $800 billion stimulus package it passed in 2009 funded these boondoggles. As a Solyndra stakeholder exulted, “there’s never been more money shoved out the government’s door in world history.”  But as the Washington Post noted, energy programs were “infused with politics at every level” under Obama.  His Administration hastily approved subsidies for Solyndra, whose executives are now pleading the 5th Amendment, despite obvious danger signs and warnings about the company’s likely collapse. (Later, federal officials successfully pressured Solyndra to delay its announcement about upcoming layoffs until just after the 2010 election, to avoid embarrassing the Obama Administration).

The Obama Administration also used green-jobs money from the stimulus package to outsource American jobs to countries like China: “Despite all the talk of green jobs, the overwhelming majority of stimulus money spent on wind power has gone to foreign companies, according to a new report by the Investigative Reporting Workshop at the American University’s School of Communication in Washington, D.C.”   As the Investigative Reporting Workshop noted, “79 percent” of all green-jobs funding “went to companies based overseas . . .In fact, the largest grant made under the program so far, a $178 million payment on Dec. 29, went to Babcock & Brown, a bankrupt Australian company.” (The stimulus package also funnelled money to left-wing community organizers and liberal lobbying groups.)

What does it mean to you when Obama takes money from consumers and business owners in order to spend, spend, spennd on his campaign fundraisers and other beneficiaries of “green energy”?

Click here to see a graph of gas prices from January 2009.