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Old 04-18-2012, 10:13 AM
 
29,407 posts, read 22,014,226 times
Reputation: 5455

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This is the "green energy" sector that was supposed to spur the economy. This is the failure of Obama's economic plan. It was tied to the green sector. All one had to do is look at the failure in Spain to know this wouldn't work but the ONE knows all according to his swooners. They have also spent gobs of taxpayer money to upgrade homes, giving folks new green heaters, ac, insulation etc. Yippee. More free stuff for folks who can't afford their homes to begin with.

"The wind industry, for example, has shed 10,000 jobs since 2009 even as the energy capacity of wind farms has nearly doubled, according to the American Wind Energy Association. Meanwhile, the oil and gas industry has added 75,000 jobs since Obama took office, according to Labor Department statistics.Federal agencies also have struggled to get stimulus money out the door in a timely manner, even for prosaic efforts that help local governments reduce energy costs.
The rush of funding encouraged private-sector participants to inflate their job-creation projections as they angled for a piece of the action, insiders say.
"They were obviously just guessing," said Robert Pollin, a University of Massachusetts professor and green-energy supporter who helped the Energy Department sort through loan applications. "If an undergraduate gave me a paper of that quality I would have probably given them a C or a C-plus."


Yep guessing with our money goint to their buddies. Inexcusable.


Analysis: Obama's green jobs have been slow to sprout | Reuters
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Old 04-18-2012, 10:23 AM
 
Location: Littleton, CO
20,892 posts, read 16,083,461 times
Reputation: 3954
Quote:
Originally Posted by KUchief25 View Post
This is the "green energy" sector that was supposed to spur the economy. This is the failure of Obama's economic plan.
And once again... the right wing learns the absolute wrong lesson from the travails of alternative energy. We continue to lose green jobs because other governments (read China) are strategically investing in them to undercut domestic companies in price and capacity. Congress's refusal to compete (in spite of the best efforts of this administration) is actively weakening our technology position, our manufacturing capabilities and our hopes for long term energy self sufficiency.

It is a national security issue, but the right treats it instead like a partisan play thing.

We are so ****ed!
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Old 04-18-2012, 10:40 AM
 
29,407 posts, read 22,014,226 times
Reputation: 5455
I don't care WHY it's a failure. It is and has been since day one. You wonder why the economy isn't coming back this is reason number one. Number two is the healthcare debacle but that is for a different thread. The only green jobs were plaing construction jobs to build these things then they go away and some clown sits there looking at mirrors.
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Old 04-18-2012, 10:46 AM
 
14,292 posts, read 9,682,360 times
Reputation: 4254
Quote:
Originally Posted by HistorianDude View Post
And once again... the right wing learns the absolute wrong lesson from the travails of alternative energy. We continue to lose green jobs because other governments (read China) are strategically investing in them to undercut domestic companies in price and capacity. Congress's refusal to compete (in spite of the best efforts of this administration) is actively weakening our technology position, our manufacturing capabilities and our hopes for long term energy self sufficiency.

It is a national security issue, but the right treats it instead like a partisan play thing.

We are so ****ed!
Obama "invested" about $100 billion in green energy in the US, so do not act as if china is the only country doing this. Green energy fails in this country because they are private corporations and companies that need to earn a profit, or go out of business. Chinese companies don't need to make a profit, they are the government.

Green energy is a failure, we do not have the technology to make it financially feasible, and even Obama's tens of billions of crony capitalism can't hide that fact.
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Old 04-18-2012, 11:18 AM
 
15,534 posts, read 10,507,413 times
Reputation: 15813
Too many people jumping in all at once because of overboard government lending/financing policy and super hyped encouragement. Keep it in the private sector and get the feds the heck out. Keep the nonsense environmental studies low, update some grid and it will come back on it's own. While I'm a huge oil/gas person, I've always liked wind energy too (we have a lot of it in west TX).
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