ANOTHER green “wind”fall for Obama supporters at taxpayer expense

October 12, 2011 13:45


America’s worst wind energy project’s “green energy” jobs will be about $16.3 million each.

By Robert Bryce at National Review Online


EXCERPTS:

“The things people are educated about are a real deficit for us.” After the briefings on the pros and cons of wind, said Rolfe-Redding, “enthusiasm decreased for wind. That’s a troubling finding.” The solution to these problems, said Rolfe-Redding, was to “weaken counterarguments” against wind as much as possible. He suggested using “inoculation theory” by telling people that “wind is a clean source, it provides jobs” and adding that “it’s an in the future.” He also said that proponents should weaken objections by “saying prices are coming down every day.” It’s remarkable to see how similar the arguments being put forward by wind-energy proponents are to those that the Obama administration is using to justify its support of Solyndra,…

Not only is the Energy Department giving GE and its partners a $1.06 billion loan guarantee, but as soon as GE’s 338 turbines start turning at Shepherds Flat, the Treasury Department will send the project developers a cash grant of $490 million.

Why is the Obama administration providing subsidies to GE, which paid little or no federal income taxes last year even though it generated some $5.1 billion in profits from its U.S. operations?

the cost of those “green energy” jobs will be about $16.3 million each.

Robert Bryce is a senior fellow at the Manhattan Institute. His latest book, Power Hungry: The Myths of “Green” Energy and the Real Fuels of the Future, was recently issued in paperback.

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