Solyndra, Part II? Or just more of the same junk science and crony corporatism from Barack Obama -- and at the expense of our national security?
The editorial board of The Washington Times takes aim at Obama's drive to force the military to hand his cronies piles of taxpayer cash for failing "green" energy:
Who would have thought we'd reach the day where environmentalist lust for taxpayer cash would not only cross ethical lines, but endanger national security?
The editorial board of The Washington Times takes aim at Obama's drive to force the military to hand his cronies piles of taxpayer cash for failing "green" energy:
The $1 trillion budget bill before Congress includes a provision that would resurrect the Keystone XL pipeline, but don’t expect its passage to open a flood of black gold and wash away Uncle Sam’s infatuation with all things green. Even as the scientific validation of global-warming theory crumbles, adherents in Washington have dragooned the U.S. military into leading the charge toward renewable energy...
...The Navy made headlines last week with the revelation that it has been ordered to purchase 450,000 gallons of biofuel to power its jet fighters. Conventional jet fuel costs about $4 a gallon, but the biofuel made from fermented algae will set back the service about $16 a gallon. The pricey green gas, says the Navy, will be used next summer to power planes participating in exercises near Hawaii under the politically correct title of “the Great Green Fleet Carrier Strike Force.” The purchase is part of a larger deal in which the Navy is partnering with the Agriculture and Energy departments to buy $510 million worth of biofuels over three years.And who is getting the multi-million dollar contracts to supply the Navy with less efficient, more expensive fuel?
One supplier is California-based Solazyme, which received $22 million in federal stimulus funds to construct a biofuel plant in Louisiana. A company adviser, according to Hot Air, is T.J. Glauthier, who was a member of President Obama’s transition team. So in essence, overspending feds borrowed stimulus money, handed it over to an Obama buddy who helps build a factory for algae fuel that the feds buy back at quadruple the going rate.Go here to read their full article and get smarter.
Who would have thought we'd reach the day where environmentalist lust for taxpayer cash would not only cross ethical lines, but endanger national security?
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