Keyword: greenenergy
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Humvee manufacturer AM General paid $3 million at auction to purchase the U.S. Department of Energy‘s loan to Vehicle Production Group, a defunct maker of wheelchair-accessible vans that struggled to meet performance targets and shut down earlier this year. Together with $5 million seized from the company’s accounts in April, that means the DOE recovered just $8 million of the $50 million it loaned VPG back in March 2011 under a government program designed to promote advanced technology vehicles. VPG’s plan was to sell handicapped vans that run on compressed natural gas. Taxpayers also took a loss on the collapse...
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Today is a great day not only in Australian history, but also in world history. It marks the day when people of character and sensibility pushed back against an overwrought and pointless green agenda, and pushed back in a big way. They’ve had enough, and they’ve scraped the Krudd off their shoes and are moving forward. Tony Abbot has won the Australian election in a landslide, and vows to abolish the carbon tax as a first order of business. Abbott has declared Australia is “once more open for business” in claiming victory in Saturday’s election. It is a huge blow...
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<p>I’ve written before that Obama’s Solyndra-style handouts have been a grotesque waste of tax dollars.</p>
<p>I’ve argued that they destroy jobs rather than create jobs.</p>
<p>I’ve gone on TV to explain why government intervention in energy creates a cesspool of cronyism.</p>
<p>I’ve even shared a column from Obama’s hometown newspaper that criticizes the rank corruption in green-energy programs.</p>
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Germany's agressive and reckless expansion of wind and solar power has come with a hefty pricetag for consumers, and the costs often fall disproportionately on the poor. Government advisors are calling for a completely new start. If you want to do something big, you have to start small. That's something German Environment Minister Peter Altmaier knows all too well. The politician, a member of the center-right Christian Democratic Union (CDU), has put together a manual of practical tips on how everyone can make small, everyday contributions to the shift away from nuclear power and toward green energy. The so-called Energiewende,...
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… The government predicts that the renewable energy surcharge added to every consumer’s electricity bill will increase from 5.3 cents today to between 6.2 and 6.5 cents per kilowatt hour—a 20-percent price hike. German consumers already pay the highest electricity prices in Europe. But because the government is failing to get the costs of its new energy policy under control, rising prices are already on the horizon. Electricity is becoming a luxury good in Germany, and one of the country’s most important future-oriented projects is acutely at risk. After the Fukushima nuclear accident in Japan two and a half years...
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The “war on coal” has five new casualties. A lawsuit brought by environmental groups has forced the shutdown of five Indiana coal-fired power plants by 2018, totalling 668 megawatts of power. ... “While today’s settlement is a step in the right direction, more must be done to ensure that Hoosier families are protected from rising energy bills and the enormous health threats posed by Indiana’s reliance on coal-fired power plants,” said Jodi Perras with the Sierra Club’s anti-coal campaign. The Sierra Club and other environmental groups have been targeting coal plants nationwide for retirement, which they say contribute to global...
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Just when you thought the Loan Program Office in President Obama’s Department of Energy might put its unused electric auto loan money back in the Treasury coffers, the government investor-crats are going to try to find some takers for the dollars of disrepute that have been tainted by the likes of inoperative, nearly bankrupt Fisker Automotive and Vehicle Production Group. You might remember when we last heard about the condition of this program, it had trouble finding takers for the remaining $16.5 billion or so it had been allocated. According to a March report produced by the Government Accountability Office...
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With just weeks to go until state Sen. Angela Giron (D-Pueblo) is set to face voters in an unprecedented recall election triggered by her support for gun control legislation, a new radio ad is targeting the embattled lawmaker for backing an income tax hike and a controversial expansion of a government-imposed energy mandate. “Senator Angela Giron – so disappointing, so out of touch with Pueblo,” a female voice intones in the ad. “When big dollar interest groups pushed for more government energy mandates last spring, Senator Giron stood with them, not Pueblo. The results? Energy analysts promise higher utility bills...
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Environmental Protection Agency chief Gina McCarthy said natural-gas production — with the right safeguards — is a major piece of Obama administration efforts to combat global warming. “Responsible development of natural gas is an important part of our work to curb climate change and support a robust clean energy market at home,” she said Wednesday at a speech in Colorado, according to prepared remarks. The comments are part of a wider administration effort to cast the U.S. gas production boom as a way to help slow global warming. They come two weeks after Energy Secretary Ernest Moniz rejected claims that...
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Western-funded green groups are wrongly accusing mainland companies of causing environment destruction and creating social problems in Southeast Asia to restrain China's economic influence in countries along the Mekong River, a top government think tank claims in a new report published yesterday. Two studies, part of a Chinese Academy of Social Sciences annual report on co-operation and development in the Greater Mekong sub-region, admitted that agricultural, mining and hydro projects with Chinese investment had caused adverse environmental impact in countries including Myanmar, Laos and Cambodia. But international environmental groups working in the region, most of which receive funding from Western...
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Three months ago, the Obama administration made a little-noticed but potentially pivotal move in the stepped-up fight against climate change: it boosted the U.S. government's official estimate of the future economic damage caused by carbon pollution. The move should make it much easier for the EPA and other federal bureaus to enact tougher measures to crack down on emissions by showing that the greater benefits of such measures will justify their costs. "This has all the characteristics of a stealth approach toward making a greenhouse gas rule more justifiable by exaggerating the social benefits," said Luke Popovich, a spokesman for...
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No longer profitable, thanks to renewables - but vital to keep the lights on The German government is engaged in increasingly heated negotiations with energy companies in an effort to stop them closing carbon-emitting power plants which have been rendered unprofitable by the national renewables policies.Last week power giant RWE grumbled that many of its coal and gas power stations "are no longer profitable to operate", and said it would be closing some of them down. Its rival E.ON also said that it had plants "working for nothing", and announced plant shutdowns. The problem for the fossil-fuel powerplants is the...
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According to the carefully crafted plan of the Obama administration, there would be one million electric cars cruising around America's streets and highways by 2015. According to the plan, almost half of those vehicles would be Chevrolet Volts. So how well are President Obama's industrial policy plans working out in the real world? The easiest way to find out is to count up the number of Chevrolet Volt sales over time. Electric vehicle industry observer InsideEVs provides a monthly scorecard of the number of sales recorded for each primarily electricity-powered automobile in the U.S., from which we extracted the...
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Marc Morano, a global warming skeptic and publisher of the website ClimateDepot.com, applauds the administration's strategy, if not its purpose. "The Obama administration is being strategically brilliant by doing this behind the scenes," he says. "They're going to achieve everything that cap and trade, and UN treaties and even a carbon tax would achieve through the invisibility of federal regulations. " A day after Lamberth's ruling, two lawmakers, Rep. Daryl Issa (R-Ca.) and Sen. David Vitter (R-La.) wrote Jackson, demanding all of her personal emails over the last four years that relate to her official duties. They are concerned the...
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The U.S. Department of Energy will put up for auction this week a $50 million loan awarded to the now-closed Vehicle Production Group LLC, an unusual move by the DOE that may give U.S. taxpayers a chance to recoup a portion of their investment. The auction may also mark a path for the government to offload non-performing loans made to other troubled, taxpayer-backed companies, including hybrid sports car maker Fisker Automotive, which owes the DOE $192 million and has so far failed to secure a buyer. "I just don't see a great argument for making the bid and resurrecting either...
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Full Title: Oh Mann… this can’t be good. Called a ‘charlatan’ and his gubernatorial pick linked to Solyndra in the same day!…But the situation is more delicate for those who gained their notoriety, made their reputations, and received their government funding on the old “sky is falling” model. For them acknowledging new facts means admitting the major possibility they were wrong. This includes conceding policy prescriptions based on their work may be draconian, counterproductive, and in the end vastly harmful to poorest of the world’s population. The ethanol disaster is but one example of “consensus” science taking food off the...
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Dr. Benny Peiser at The Australian: Europe pulls the plug on its green future Slowly but gradually, Europe is awakening to a green energy crisis, an economic and political debacle that is entirely self-inflicted.The mainstream media, which used to encourage the renewables push enthusiastically, is beginning to sober up too. With more and more cracks beginning to appear, many newspapers are returning to their proper role as the fourth estate, exposing the pitfalls of Europe’s green-energy gamble and opening their pages for thorough analysis and debate. Today, European media is full of news and commentary about the problems of an...
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The real cost of moral-vanity, of name-calling, poor reasoning, selecting one’s evidence, and the triumph of doing things because they “feel-good” rather than because of the cold hard numbers, is measured in the trillions. This disaster was entirely foreseeable, totally predictable, and completely unnecessary.Thanks to Benny Peiser and The Australian, the utter folly is laid bare.AS country after country abandons, curtails or reneges on once-generous support for renewable energy, Europe is beginning to realise that its green energy strategy is dying on the vine. Green dreams are giving way to hard economic realities. Slowly but gradually, Europe is awakening...
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The Chevy Volt madness continued this week with General Motors announcing that consumers will see a $5,000 decrease in the price of President Obama's favorite green wonder-car. Sales of the Volt have been dismal, with most consumers refusing to be as smitten with the car as the President and the few enthusiastic green ideologues who seemed to believe that spending approximately $20,000 more for a car (over a gas-powered rival) that can save them about $3 a day in gas makes sense. What seems to go unrecognized is the fact that the price cut comes at the expense of GM...
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Yeah, they're, like, really green and safe and good for you…..How much more dirt needs to come out before the wind industry gets the thorough investigation it has long deserved? The reason I ask is that it has now become clear that the industry has known for at least 25 years about the potentially damaging impact on human health of the impulsive infrasound (inaudible intermittent noise) produced by wind turbines. Yet instead of dealing with the problem it has, on the most generous interpretation, swept the issue under the carpet – or worse, been involved in a concerted cover-up operation....
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