So let's forget the fact the not paying as much tax as you would normally is not a subsidy. Let's just look at the numbers. 4 billion to an industry that flat out works. We wouldn't have the lives we have without it. But Obama doesn't like that so he wants green energy, which I'm not even sure what that means. Energy and pollutants are expended one way or another with electricity and natural gas but whatever. How much have we spent on the green energy that doesn't work?
Here's a list of companies that we handed money to. Not just gave tax breaks but actually wrote checks to:
Evergreen Solar ($25 million)*
Solyndra ($535 million)*
Beacon Power ($43 million)*
Nevada Geothermal ($98.5 million)
SunPower ($1.2 billion)
First Solar ($1.46 billion)
Babcock and Brown ($178 million)
EnerDel’s subsidiary Ener1 ($118.5 million)*
Amonix ($5.9 million)
Fisker Automotive ($529 million)
Abound Solar ($400 million)*
A123 Systems ($279 million)*
Willard and Kelsey Solar Group ($700,981)*
Johnson Controls ($299 million)
Brightsource ($1.6 billion)
ECOtality ($126.2 million)
Raser Technologies ($33 million)*
Energy Conversion Devices ($13.3 million)*
Mountain Plaza, Inc. ($2 million)*
Olsen’s Crop Service and Olsen’s Mills Acquisition Company ($10 million)*
Range Fuels ($80 million)*
Thompson River Power ($6.5 million)*
Stirling Energy Systems ($7 million)*
Azure Dynamics ($5.4 million)*
Vestas ($50 million)
LG Chem’s subsidiary Compact Power ($151 million)
Nordic Windpower ($16 million)*
Navistar ($39 million)
Satcon ($3 million)*
Konarka Technologies Inc. ($20 million)*
Mascoma Corp. ($100 million)
*Denotes companies that have filed for bankruptcy.So how much is that in total? $3,776,500 dollars. For companies that did not work. That was just a small list in 2012. Now 2009 set aside 80 billion dollars to subsidize green energy projects which if he uses that for all eight years of his presidency comes up to 10 billion a year. Seems a lot more than 4. This doesn't count government laboratories, college think tanks, and tax deductions for driving Chevy Volts.
Now why are we blowing all this money out our collective assholes? Ostensibly to save the planet. To not pollute. Let's assume for a minute that we are and we really do want to want to reduce emissions. That brings us to Keystone.
WASHINGTON — The State Department released a report on Friday concluding that the Keystone XL pipeline would not substantially worsen carbon pollution, leaving an opening for President Obama to approve the politically divisive project.
The department’s long-awaited environmental impact statement appears to indicate that the project could pass the criteria Mr. Obama set forth in a speech last summer when he said he would approve the 1,700-mile pipeline if it would not “significantly exacerbate” the problem of greenhouse gas emissions. Although the pipeline would carry 830,000 barrels of oil a day from Canada to the Gulf Coast, the report appears to indicate that if it were not built, carbon-heavy oil would still be extracted at the same rate from pristine Alberta forest and transported to refineries by rail instead.Here's the idiocy of this, we are moving the oil right now by rail and by truck. Which have engines which BURN OIL. Pipelines reduce this tremendously. Duh. This would reduce costs which would reduce the price at the pump.
So I submit to you that the left and Obama really could give a rat's ass about mother earth, they just want to hurt the successful. That's all it is. So demand the keystone get approved. Send a letter to congress and president. And vote the dems out of office this November.