Sunday, September 29, 2013

Globaloney as Excuse to Reward Democratic Party Cronies

LanzaTech, a green energy biofuel company, received a $4 million award on Sept. 19 from the Department of Energy, only months after one of its "chief financiers and public advocates hosted the president at his Portola Valley home for a $32,400-a-head fundraiser for the Democratic Party,"....
The Global Warming Policy Foundation suggested that British government climate projections are faulty and prone to overestimate warming.
There has been a 60 per cent increase in the amount of ocean covered with ice compared to this time last year, the equivalent of almost a million square miles.
In light of such uncertainty surrounding climatology:
The International Brotherhood of Electrical Workers (IBEW) blasted the Obama administration’s new standards for coal plant emissions on Monday, saying they will hamper job growth and U.S. energy independence and raise electricity prices.
The Obama regime is trying to strangle the renaissance of the US energy industry:
Shale oil production reached about 2 million barrels a day last year, pushing overall US output to 6.4 million barrels of oil per day, the most in 15 years and 32 percent above the level five years ago.

.....

The boom in non-conventional petroleum in 2012 added nearly 500,000 direct jobs, according to a study by research firm IHS. The total impact from the sector was 2.1 million jobs added including workers in oil-related lodging, food, transportation and construction.

IHS estimates that in 2012, the industry generated nearly $75 billion in federal and state tax revenue and contributed $283 billion to the US gross domestic product.

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