A few questions to ask yourself as you’re reading this article.
If green energy is so good, or is in any way the ‘wave of the future,’ then how come it has to be so massively subsidized with government money? Why aren’t private businesses putting their own money into this?
Another question I want you to consider is how expensive green energy is when compared to the energy produced by fossil fuels (I will answer that after the article below). And a final question you might ask might be, when are people going to finally wake up and stop believing idiotic liberal lies and wake up to reality?
Boston firm shifts ‘green jobs’ to China
By: Mark Tapscott
Editorial Page Editor
11/06/09 8:35 AM EST
President Obama and the Democratic majority in Congress are spending billions of tax dollars to subsidize development of “green jobs” – positions for people and companies designing and manufacturing alternative energy sources such as biomass, wind and solar.
One of Obama’s buddies, Gov. Deval Patrick of Massachusetts, is also a vocal advocate of such subsidies. Last year, Patrick put Massachusetts taxpayers’ money where is mouth is by backing a $58 million package of incentives and subsidies to Evergreen Solar, which manufacturers collector panels used in solar energy units.
Now barely a year later, Evergreen has announced that it is moving its final assembly phase to a factory in China, according to the Boston Globe. The firm’s Devens, Massachusetts, plant currently employs 577 full-time and 230 contract workers in designing and manufacturing the silicon wafers and cells that are then assembled into panels.
A company spokesman declined to say how many jobs will be shifted to the new assembly plant in China, according to the Globe.
“In exchange for receiving $58.6 million in grants, loans, land, tax incentives, and other aid to build in Massachusetts, Evergreen pledged that it would add 350 new jobs, a goal that it has, to date, far surpassed. However, the company disclosed in a financial filing yesterday that it would write off $40 million worth of equipment at Devens because of the production shift to China,” the Globe reported.
“The company has been a poster child of the Patrick administration’s efforts to develop a ‘green energy’ industry cluster in Massachusetts. But it has been struggling financially because of increased competition from overseas producers and rapidly falling prices for solar products. It recently persuaded the state to lend it another $5 million to cover equipment purchases, though the state has not yet released the funds,” the Globe said.
Evergreen has lost at least $167 million so far in 2009, according to the Globe. Last year during the same period, the company’s losses totalled only $33.6 million. Following announcement of the move to China, the company’s stock closed at $1.42 per share, down six cents per share.
So let’s see. The poster boy for ‘green jobs’ got a $58 million handout, managed to lose $167 million in 2009, and is outsourcing its labor force to China.
If you think that’s the ‘wave of the future,’ then vote Democrat. And may your children freeze in the dark at night for your moral idiocy.
Take a moment to ponder what Obama said about the impact of his own plan:
“Under my plan of a cap and trade system, electricity rates would necessarily skyrocket.”
Why is that? Why is it that green energy has to be subsidized, even as fossil fuel energy – even when it is regulated and taxed and outlawed – is still so much less expensive than the green energy that Obama wants to impose on America?
Fossil fuels are so much cheaper, so much more efficient, so much more powerful, and so much more superior, to Obama’s green energy it is utterly unreal.
Here’s a graph of the difference (the accompanying article is available here):
This should start to explain why ‘green energy’ has to be massively subsidized, and is still a dud even when fossil fuel energy is massively taxed. This is why nobody with a clue would put his own money into green energy, apart from the belief that a socialist government will impose insanity on the energy system.
Barack Obama wants to bankrupt coal – which costs less than one cent per kilowatt hour – and wants to impose in its place something that will cost more than forty times more. How will you like it when your energy rates go up forty times higher?
And the only way to avoid your energy costs going up beyond your ability to be able to afford it – under Obama’s own announced plan – is to massively, massively subsidize the cost of that green energy. At the cost of far more government debt, and on the backs of your children’s children’s children’s children’s children. Assuming that we don’t economically implode into a banana republic first, which is far more likely.
And Obama is selling this load of crap to you based on two lies. Lie one is the giant load of hooey of global warming. And lie two is the bogus economic advantages we would supposedly get from replacing our energy source with one that would cost us eight to forty times more.
We’ve been told for well over a decade that we had reached a tipping point where the earth could no longer handle the CO2 humans were creating, such that we would experience a massive increase in global warming.
(ChattahBox)—Brrrr—-meteorologists are predicting that the United States, particularly the entire eastern half of the country, will experience record-breaking blasts of frigid cold weather this winter. The nearly nationwide swath of cold and stormy weather has not been seen since January 1985, when freezing cold temperatures reached as far South as Georgia.
AccuWeather.com Chief Meteorologist and Expert Long Range Forecaster Joe Bastardi, believes our current winter weather pattern is reminiscent of the long and bitterly cold winter of 1977-78, when the Eastern seaboard experienced the great blizzard of 1978. Bastardi predicts that the winter of 2009-2010 is shaping up like the snowy winters experienced during the Hippie-Vietnam War era. “It’ll be like the great winters of the ’60s and ’70s,” he said.
And this historic cold is a global phenomenon.
It’s like a desert out there, Al Gore. But at least it’s a dry heat.
We recently found out that the climatologists who were preaching global warming to line their own pockets were liars, frauds and demagogues.
Environmentalists and leftists want to seize $40 TRILLION of your money to “solve” the “crisis” of global warming.
From Time Magazine:
This is an enormously ambitious goal, but many experts agree it could make a real difference. The problem is that the cure may be worse than the disease. In a paper for the Copenhagen Consensus Center, climate economist Richard Tol, a lead author for the U.N. climate panel, determined that to cut carbon emissions enough to meet the 2° goal, the leading industrial nations would have to slap a huge tax on carbon-emitting fuels — one that by the end of the century would reach something on the order of $4,000 per metric ton of carbon dioxide, or $35 per gallon of gas ($9 per liter). According to Tol, the impact of a tax hike of this magnitude could reduce world GDP 12.9% in 2100 — the equivalent of $40 trillion a year. In other words, to save ourselves $3 trillion a year, we’d be giving up $40 trillion a year. No wonder we’re not getting anywhere.
So make that $40 TRILLION PER YEAR.
This is nothing but a socialist redistributionist power-grab, intended to secure the leftist agenda and ensure leftist totalitarian domination for a century to come.
And the Democrats attempt to seize control over health care is no different. They don’t want to improve anything but their dominance. And they will use any means to secure that dominance.
Don’t believe these transparent lies. Fight these people. Vote them out of power. Vote them right off the island. Or you will pay dearly for the agenda they impose upon you and your family.
Update, January 8: Obama is pitching billions more in funding for green jobs while our unemployment rate climbs. I guess he wants to piss more billions down the toilet.