Tag Archives: TransCanada

Did Obama really create jobs with his green energy and stimulus programs?

From Hans Bader writing for the DC Examiner.

Excerpt: (links removed)

There are only 140,000 jobs in the whole renewable-energy sector, but in a new ad, Obama is taking credit for a “clean energy industry” that has “2.7 million jobs.”  Obama inflated the number of “clean-energy” jobs by adding people who have nothing to do with clean-energy, like “trash collectors” and bureaucrats.  By inflating the total, Obama was able to paper over his complete failure to live up to his utterly unrealisticcampaign promise “to create 5 million new green jobs.” Most of America’s existing green jobs predate the Obama Administration, which did not create them: “from 2003-2010, the rate of growth for clean jobs was 3.4 percent.”

Indeed, the Obama Administration used federal green-jobs money 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 American University.   “79 percent” of all green-jobs funding “went to companies based overseas,” with the largest payment going to a bankrupt Australian company.  “Most of the jobs are going overseas,” said Russ Choma at the Investigative Reporting Workshop.

Meanwhile, America actually lost jobs in wind-manufacturing: “Even with the infusion of so much stimulus money, a recent report by American Wind Energy Association showed a drop in U.S. wind manufacturing jobs last year.”  (CBS News recently reported that there are 11 more companies, in addition to Solyndra, that are embroiled in financial trouble after receiving billions of dollars in taxpayer money; five have already filed for bankruptcy).

Obama’s mythical green-jobs are like other imaginary jobs he claimed to have created with the $800 billion stimulus package.  The Obama Administration took credit for jobs created in 440 non-existent Congressional districts, such as Arizona’s 15th and 86th districts (Arizona only had 8 Congressional districts, as ABC News noted with amusement).  The Washington Examiner noted that at least “75,000 jobs” Obama has claimed credit for are “clearly imaginary” or “highly doubtful.” Readers can view its interactive map of “Inflated Jobs by State.”

He’s going to have trouble defending this in a debate, as long as we pick someone who will go after him.

In Canada, a revolt against global warming socialism creates an economic boom

Before we look at Canada, let’s first look at how Barack Obama has decided to appease his green socialism supporters by rejecting the Keystone XL pipeline.

Excerpt:

The Obama administration rejected the long-delayed TransCanada oil sands crude project, a decision welcomed by environmental groups but blasted by the domestic energy industry.

After delaying the project past the November 2012 election, President Barack Obama was compelled by Congress to decide by Feb. 21 on whether to approve the pipeline that would sharply boost the flow of oil from Canada’s oil sands.

[…]Republicans, in turn, blasted Obama for breaking his promise to create jobs by scuttling the $7 billion pipeline.

House Speaker John Boehner, R.-Ohio, said Republicans will keep fighting for the Keystone pipeline because it is “good for the U.S. economy because it would create thousands of jobs.”

“All options are on the table” for fighting for the sands pipeline between the western province of Alberta and Houston, Boehner told reporters. “This is not the end of the fight.”

Republicans in the Senate have said they could legislate an approval of the pipeline that could get around any rejection by President Obama.

Just to be clear, this pipeline would be paid for with billions of dollars from a Canadian company based in Calgary, Alberta – the Houston of the North. They would pay for the pipeline, they would create the jobs here, and it would cost us nothing to take their money. This would not only cut gas prices for consumers, but it would help us to stop sending money abroad to countries that don’t like us very much.

How are the Canadians responding to Obama’s stupidity? They are already talking about building the pipeline to the west coast and selling their oil to China.

Canadian conservatives have no time for global warming nonsense.

Excerpt:

It is a cliché in journalism to declare metaphorical wars at the drop of a news release. In this case, it looks like war is exactly what Natural Resources Minister Joe Oliver launched Monday in an unprecedented open letter warning that Canada will not allow “environmental and other radical groups” to “hijack our regulatory system to achieve their radical ideological agenda.”

[…]Mr. Oliver took straight aim at a troubling trend in Canadian environmentalism — the foreign funding of Canadian green activist groups with the express purpose of shutting down Canadian resource development…  “These groups,” said Mr. Oliver, “seek to exploit any loophole they can find, stacking public hearings with bodies to ensure that delays kill good projects. They use funding from foreign special interests to undermine Canada’s national economic interest. They attract jet-setting celebrities with some of the largest personal carbon footprints in the world to lecture Canadians not to develop our natural resources.”

And they pulled out of the Kyoto Accord.

Excerpt:

Canada will formally withdraw from the Kyoto Protocol on climate change, the Minister of the Environment has said.

Peter Kent said the protocol “does not represent a way forward for Canada” and the country would face crippling fines for failing to meet its targets.

[…]The protocol, initially adopted in Kyoto, Japan, in 1997, is aimed at fighting global warming.

[…]He said meeting Canada’s obligations under Kyoto would cost $13.6bn (10.3bn euros; £8.7bn): “That’s $1,600 from every Canadian family – that’s the Kyoto cost to Canadians, that was the legacy of an incompetent Liberal government”.

They want jobs. They don’t have money to burn on a dozen Solyndras. They don’t pass job-killing regulations on energy companies.

Since 2006, the Canadians have been electing and re-electing Conservative prime minister Stephen Harper. The man has a BA and MA in economics, and he comes from the same fold as Reagan and Thatcher on fiscal conservativism and foreign policy. He has no patience for leftist community organizers like Obama. The Conservatives were re-elected again in 2011, this time with a majority government. Their House of Commons is majority conservative. Their Senate is majority conservative. And Harper has been packing the Supreme Court with fresh conservatives, every time there’s a vacancy. Canada’s economy is booming. And Canadians know how to keep it booming – they are cutting corporate taxes to 15% – less than half of our 35% corporate tax rate. We could be taking their money for the Keystone XL pipeline right now, but we’re not, because we elected an anti-business ideologue instead of an economist.

Related posts

Republicans introduce bill to build Keystone XL pipeline and create 20,000 jobs

CNS News reports on the activities of the grown-up party.

Excerpt:

Senate Republicans have introduced legislation that would direct the State Department to issue permits to begin construction of the 1,700-mile Keystone XL crude oil pipeline from Canada to U.S. refineries – a project they say will create 20,000 jobs, increase domestic energy security and generate revenue.

“Jobs will be created right away and billions of dollars in investment will be unleashed through legislation introduced to permit the $7 billion Keystone XL pipeline, the largest infrastructure project ready in the United States, to commence construction,” Sen. Dick Lugar (R-Ind.) told a press conference on Wednesday.

Lugar, ranking member of the Senate Foreign Relations Committee, is lead sponsor of the new North American Energy Security Act.

In a jab to President Obama’s promotion of creating jobs through new or improved infrastructure and “shovel-ready” projects, the GOP senators said the pipeline qualifies as both. Obama’s decision to delay the approval process until after the 2012 election is putting politics above job creation, they charged.

“There is absolutely no reason to delay a permit decision on the Keystone pipeline – and the jobs that come with it – for another year in a blatant attempt to appease the president’s political base,” Majority Leader Mitch McConnell (R-Ky.) said at the conference.

[…]The lawmakers said the pipeline could reduce the nation’s dependence on foreign oil by bringing as much as 700,000 barrels of oil a day into the country from Canada.

Aside from jobs directly created in construction and pipeline operation, the private sector project is expected also to boost economic growth for the more than 1,400 U.S. companies that sell products and services for oil sands production and transport.

We need jobs, so let’s hope this bill passes.

 

Obama administration may miss deadline on Keystone pipeline approval

Actress/Idiot Daryl Hannah protests low unemployment rate
Actress Daryl Hannah demands higher unemployment

From liberal Reuters.

Excerpt:

The State Department may miss a year-end target to approve TransCanada Corp’s Canada-to-Texas Keystone oil sands pipeline, a U.S. official told Reuters on Tuesday, risking a further delay to the most important new crude oil conduit in decades.

The official, who spoke on condition of anonymity, said the State Department still hoped to make a decision by the end of this year, which has been its target, but that its highest priority was to carry out a thorough, rigorous review. The decision has already been pushed back once.

A further delay would not only be a blow to TransCanada, it could also prolong a massive gap between U.S. and global oil prices because oil traders are counting on Keystone’s 700,000 barrel-per-day capacity to relieve a build-up of crude in the Midwest, which doesn’t have enough pipelines to ship growing Canadian output to Gulf Coast refineries for use around the United States.

The ruling, which falls to the State Department because the line crosses national borders, is forcing President Barack Obama into a decision that effectively pits environmental safety against job creation and energy security.

The Independent Women’s Forum comments:

[B]usinesses actually want to do something with the oil that would be transferred on the pipeline, and the delay in moving the oil through the refining process and to market will impact those businesses, the energy supply, and ultimately energy prices and the broader economy.

Reuters describes the Administration’s dilemma in ruling on the Keystone pipeline as pitting “environmental safety against job creation and energy security.” That may be how some environmental extremists are trying to frame it, but it’s really a false choice. As I wrote before, Canada’s oil sands are going to be developed one way or another. The State Department’s decision is whether the U.S.—with our many environmental regulations—will being doing the job or if Canada will find another, much less environmentally-friendly, partner.

Barack Obama is blocking job creation in order to appease his environmentalist constituents.