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Tuesday, May 6, 2014

Electric grid falters: Obama pushes electric cars

  Who wouldn't have complete confidence in an administration intent on returning us to the days of windmills, the sun and bicycles as primary energy sources and transportation?
  Obama's base doesn't even want Africa to have more fossil fuel energy.
  Though much of the press seems to be absent reporting developments, we learn that yet another so-called green energy company which Obama visited and touted and in which taxpayers have poured millions of dollars has failed.
  (It'd be interesting video to show all Obama's visits to such places, juxtaposed to pictures of their shuttering.)
  This time it's Smith Electric Vehicles.
  Here's a 2012 list of "faltering or bankrupt" green energy companies who've received government funding from The Foundry at Heritage:
  1. Evergreen Solar ($25 million)*
  2. SpectraWatt ($500,000)*
  3. Solyndra ($535 million)*
  4. Beacon Power ($43 million)*
  5. Nevada Geothermal ($98.5 million)
  6. SunPower ($1.2 billion)
  7. First Solar ($1.46 billion)
  8. Babcock and Brown ($178 million)
  9. EnerDel’s subsidiary Ener1 ($118.5 million)*
  10. Amonix ($5.9 million)
  11. Fisker Automotive ($529 million)
  12. Abound Solar ($400 million)*
  13. A123 Systems ($279 million)*
  14. Willard and Kelsey Solar Group ($700,981)*
  15. Johnson Controls ($299 million)
  16. Brightsource ($1.6 billion)
  17. ECOtality ($126.2 million)
  18. Raser Technologies ($33 million)*
  19. Energy Conversion Devices ($13.3 million)*
  20. Mountain Plaza, Inc. ($2 million)*
  21. Olsen’s Crop Service and Olsen’s Mills Acquisition Company ($10 million)*
  22. Range Fuels ($80 million)*
  23. Thompson River Power ($6.5 million)*
  24. Stirling Energy Systems ($7 million)*
  25. Azure Dynamics ($5.4 million)*
  26. GreenVolts ($500,000)
  27. Vestas ($50 million)
  28. LG Chem’s subsidiary Compact Power ($151 million)
  29. Nordic Windpower ($16 million)*
  30. Navistar ($39 million)
  31. Satcon ($3 million)*
  32. Konarka Technologies Inc. ($20 million)*
  33. Mascoma Corp. ($100 million)
  There's also Fisker and SoloPower. Not to mention Ecotality. In fact, Daily Caller in 2012 wrote that as many as 50 "green" companies are "troubled" and/or bankrupt.
  Breitbart notes that Obama has declared the government "triple its use of renewable resources by 2020:
“Green” energy subsidies benefit the politically connected while harming future generations as hundreds of millions of dollars are added to the country’s debt burden with each green failure. It’s time to end all subsidies—for all energy companies, not just green ones—and let the best technologies win.
  Well, we know how productive wind and solar have been so far, our country littered with dead windfarms, noise pollution and dead birds.
  And, hm, all these electric vehicles in the pipeline, being underwritten and pushed by the government.
  Yet 89% of coal fired plants that supply electricity are set to go offline in 6 months.
  Obama promised he would drive up the price of energy, particularly coal. He said, "So if somebody wants to build a coal-fired plant they can. It’s just that it will bankrupt them…”
– Barack Obama speaking to San Francisco Chronicle, January 2008

  In fact, this is exactly what Obama has intended; the closure of energy supplying coal plants is going full force. You can read much more here.
  My question is this: how foolish is it to push more plug in only electric vehicles when our nation's electrical grid can barely provide the necessities now?
  Again, this last winter was difficult and there's concern that, given another such winter, there could be massive power outages around the country.
  As always, these people live in a fantasy world, bereft of practical thinking and validation that their fanciful ideas have any merit in an increasingly dangerous world.

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