Obama's black magic energy policy
Posted: Wed Jul 06, 2011 6:50 pm
Obama's energy disaster: One part black magic, two parts propaganda
...............
Mr. Obama’s token strategic oil release — into the international crude pool rather than reducing U.S. pump prices — was one more feint in his ideological war on fossil fuels. [Never mind ignoring the reserve’s national defense character; it was never meant as a price instrument — nor political toy.]
All this is done under the rubric of protecting the environment. “Junk science”, as many highly qualified skeptics believe, may underpin claims fossil fuels consumption decisively impacts climate change. It will take decades to know, given our shallow data for changing climate through the ages.
But “junk economics” is all too evident in the administration’s energy strategies. Granted, impediments to cheap energy were inherited from previous governments and imperfect markets. But Mr. Obama’s drive for “renewable sources” mimics earlier Carter administration’s abandoned “alternative energy” skeletons still littering the landscape.
Mr. Obama’s wind power subsides are indeed producing jobs — for China and Spain — with transferred American companies’ technology. Chinese windmills and solar panels are exported to the U.S., often replacing American manufacture.
The vignette of former Gov. Arnold Schwarzenegger entertaining the possibility of Chinese “high-speed rail” proposals with federal stimulus funds — just before California all but bankrupted — is quintessential of a mind set.
High salaried propagandists for tax free non-governmental organizations [NGOs] promote “the environment” through advocacy of “mass transit”, citing China’s example. They fail to note deficit-ridden Chinese government railways — whose two top executives recently were arrested for stealing tens of millions — blackmailed European and U.S. companies for technology transfers in exchange for a phantom Chinese market. Now Beijing attempts exports while their own projects operate with anemic passenger loads — at lower speeds because of faulty engineering. The misrepresentation is all too typical of limitless, mindless propaganda pumped out on a daily basis, for example on that other Washington subsidized enterprise, National Public Radio, by the Obama cheering section.
..............