Posted on 07/03/2010 4:13:41 AM PDT by Zakeet
President Barack Obama announced Saturday the awarding of nearly $2 billion for new solar plants that he said will create thousands of jobs and increase the country's use of renewable energy sources.
Obama disclosed the funding in his weekly radio and online address, saying it is part of his plan to bring new industries to the U.S.
"We're going to keep competing aggressively to make sure the jobs and industries of the future are taking root right here in America," Obama said.
[Snip]
Obama said that while it may take years to bring back all the jobs lost during the recession, the economy is moving in a positive direction. He placed some of the blame for the slow pace of recovery on Republicans, saying GOP lawmakers, "are playing the same old Washington games and using their power to hold this relief hostage."
Obama has said that to bring the nation's economy back from the brink of a depression, it was necessary to add to the country's debt in the short term.
(Excerpt) Read more at news.yahoo.com ...
The silver lining? The Demoratic Party is toast... the resulting clouds of gray... The GOP is back in power doing the socialists heavy lifting...
Spending $2billion to make a few thousand TEMPORARY jobs will not make any difference to US! This is another transfer of wealth.
We can make more electricity with one COAL generator plant than all these + the windmills. These are ALL Obama cronies!
If you liked that the following I think puts the true costs each cost of energy in a way that the Greenies will really have no answer to.
Clean and green, the energy system we aspire to, is subsidized like no other energy source in history. By whom? Us, and our progeny. All energy has historically received some type of public support to even out the volatility of high and low price cycles. The Energy Information Agency of the U.S. government’s Department of Energy reports that, for 2008, natural gas was subsidized 25 cents per megawatt hour of electricity produced, coal received 44 cents per megawatt hour, nuclear $1.59. Oil was not reported in these numbers since oil is hardly a factor in electricity production. However, oil benefits from a variety of tax subsidies for dry well expenses and royalty holidays dating from the $10-a-barrel oil days of the late 1990s, which the administration promises to rescind. At the same time in the same year, wind energy received public subsidy of $23.37 per megawatt hour; solar energy received $24.34. These numbers do not include the additional subsidies we taxpayers have been compelled to pay for wind, solar and biofuels through the stimulus plan, the 2010 budget and the 2011 framework budget. These subsidies help support 2 percent of today’s energy system. Their proponents promise to double and double again the amounts of subsidized supply from clean and green with no commitment to ending subsidies. That’s not a new energy system.
Abengoa is a SPANISH company!
Who are building an average of one coal-fired power plant per week.
Abu Dhabi to build 'world's largest' solar plant
AFP
AFP Global Edition
Jun 09, 2010 09:05 EDT
French oil firm Total and Spain's Abengoa Solar will partner with Abu Dhabi's alternative energy company Masdar to build "the world's largest" concentrated solar power plant, Masdar announced on Wednesday.
The state-owned firm said it has selected a "consortium of Total and Abengoa Solar as a partner to own, build and operate Shams 1, the world's largest concentrated solar power plant and the first of its kind in the Middle East."
"We are moving on the right path to make Abu Dhabi the main source and the international capital of renewable energy and sustainable development," Masdar CEO Sultan al-Jaber told a news conference in the oil-rich emirate.
Gosh Barry, that’s wonderful ! By the way Barry, have you plugged that hole yet?
Loan proceeds will be used for the construction of the Solana project (Solana), the largest concentrating solar power (CSP) plant in the world.
Federal stimulus advances Solana toward construction.
Heh, I thought about the sweater thing too.
Of course, Jimmy at least wore his cardigan to set the example. I have no doubt Obama will continue to keep his own thermostat cranked up to 78 degrees whenever it gets the least bit chilly.
He can’t properly enjoy his Kobe beef when he’s chilly, you know.
With ties to the middle east.
First, it's not the “President's $862 billion” and second, the cost will exceed $2 billion in just permit fees, fines and taxes.
Do these people really think that they can create jobs with government money? (no) Or do they take us for fools? (yes)
Well, of course those numbers can be enhanced. Democrats say they can and presto magic they are. We just need to believe and drink plenty of Kool-aid and it's true !!!
You’re correct. I was working with a bed & breakfast on the bay in St. Augustine. The owner said that she looked into solar to cut costs. What she found out was that solar panels do not do very well by the sea. The company who installs them discouraged her from going forward. They have issues with panels by the ocean; parts rust & the panels need to be scraped cleaned about every 2 week from the accumulation of salt film.
Having lived by the ocean for years & seeing what that does to windows, I could totally understand what the salt air would do to solar panels.
Who knows how many takes it took to get what was intented to be a jaunty and iconic image a la JFK. Stuck in the past, they just can't let go of the sixties.
> The GOP is back in power doing the socialists heavy lifting...
Yup.
Clouds of gray. Not much of a silver lining after all .
RINOs must be ejected along with the DemoncRAT trash and replaced with people who not only KNOW the US Constitution, but will DEFEND it with their, treasure, their lives, and their sacred honor.
How many in Congress even HAVE any honor, or hold it sacred, or even know what it is?
Precious few ... precious few.
odumbo’s inexperience is showing again.
He wants to force our country to go to electrical sources that cannot work on a large scale. Notice this admin likes to force action?
If this is such a great idea there kenya boy, take the White House off the grid, go wind or solar and let us know how that works out. Same to you there congress. Lead by example.
Wouldn’t last a day.
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