Barack Obama admitted in 2008 that cap and trade legislation would cause electricity prices to skyrocket.
The senator also admitted that cap and trade would likely cost $700 to $1,400 dollars per US family per year:
Obama also promised that cap and trade would decimate the coal industry. But, did not stop Barack Obama and democrats from pushing their expensive plan. Since that time reports have shown that cap-and-trade would be far more expensive than advertised.
But that’s not all…
Now, a FOIA request revealed that the Obama administration scrambled to respond last year to strong evidence that “green jobs” are a massive economic drain, costing 570,000 Euros apiece. The FOIA documents also show that the Obama Administration asked George Soros and wind energy lobbyists to hide European wind energy program failures. Chris Horner of the Competitive Enterprise Institute broke this news earlier this week at Pajamas Media:
As candidate and president, on eight separate occasions Barack Obama instructed Americans to “think about what’s happening in countries like Spain [and] Germany” if they wanted to know what successful “green jobs” policies look like, and if they wanted to know what we should expect here in the U.S. from his agenda.
Some European economists took a look. In March, a research team from Madrid’s King Juan Carlos University produced a detailed, substantive, heavily sourced, two-method paper: “Study of the Effects on Employment of Public Aid to Renewable Energy Sources.” The paper concluded that Spain’s “green jobs” program was an economic failure, in fact costing Spain many jobs.
…[T]he Spanish study embarrassed the White House, prompting substantial media attention and even questioning at a press conference, Obama swapped out Denmark for Spain for later references to an enacted “green jobs” program.
Soon, Denmark produced a study (“Wind Energy: The Case of Denmark“) through the think-tank CEPOS. This paper also revealed tremendous costs, and that Obama’s claim about Denmark’s “renewables” experience was also steeped in mythology.
…Back in the U.S., the American Wind Energy Association — the lobby for “Big Wind” in Washington, D.C., which includes a few Spanish wind giants — also attacked the publication of the Spanish paper. Soon, the Obama administration published a five-page talking points memo assailing the economic assessment — written by two young, non-economist, pro-wind activists from the National Renewable Energy Laboratory (NREL) in Boulder, Colorado…drafted in often personal terms.
It’s well worth reading the whole thing to understand the relationship between the Left in government and the rent-seeking corporations who make their money not by producing anything, but by putting their hands in the next guy’s pocket.
NREL is an extension of the Department of Energy’s Office of Energy Efficiency and Renewable Energy (EERE). EERE is run by Assistant Secretary of Energy Cathy Zoi, who, until assuming this post, served as CEO to Al Gore’s Alliance for Climate Protection. Zoi is responsible for many millions of the “green jobs” stimulus dollars pushed for and designed by Van Jones (this according to Jones himself).
So, the Obama Administration was hiding information and concocting their own reports with help from George Soros and wind lobbyists to support their expensive green energy programs. And, in the end, you the taxpayer would end up paying for it. This Obama scam would end up costing each American family $700 to $1,400 a year. Do you suppose the state-run media will report on this?
Christopher Horn is planning on releasing more details on this scandal in the days ahead.
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Published May 24, 2012 at 8:46 pm - 62 Comments
Jayne on the left coast commented:
This will not get even a slight blip on the news. It’s the Chicago way.
Bobbi commented:
that Danish report doesn’t mince any words, in terns of criticism for the quixotic adventure.
gus commented:
Obama is a MARXIST. Nothing Obama does is honest. Nothing.
Trusting Obama is like Elin Woods trusting Tiger Woods’ fidelity. There is none.
Difference is Tiger Woods can change and become a decent man, husband and father.
Obama is patholigical. He is not only dishonest and wrong. He is morally and psychologically dysfunctional.
Gateway readers, you really need to come to terms with exactly WHAT OBAMA is.
A Marxist loser, with psychological Daddy issues.
There is not compromise with OBAMA. None.
Jayne on the left coast commented:
gus, I know that about Obama. that is what is so darn scary. Yet there are people who think every word he says is brilliant and those who disagree are racist.
Robert commented:
It’s well worth reading the whole thing to understand the relationship between the Left in government and the rent-seeking corporations who make their money not by producing anything, but by putting their hands in the next guy’s pocket.
A perfect description of Al Gore’s endeavors.
Kenny Solomon commented:
Can I be on the arresting team for one of the administration members….. please…… can I……. huh…. can I ?
Cheers !
KLS
CDR M commented:
Great story. Problem is, the networks aren’t running with it.
Corporal Vere commented:
It’s a lie a minute.
Lie hard, my friend.
Robert commented:
This bunch can’t even get it together to
caulk windows and stuff insulation into attics.
But wait,they’ll be all about it when it comes
to putting out the tax routine.
jonyjoe101 commented:
There is nothing we can do about it, they are going to ram it through just like obamacare.
Big fat Al Gore might end up being the first “trillionaire” in America.
jainphx commented:
Al Gore has made millions with this scam. George Soros is a scab on the backside of this country. They ruined the car industry, make us use light bulbs that are potentially dangerous ( who gave them this right ) all for their personal gain. A bigger bunch of thieves can’t be found anywhere. They sicken me!
gus commented:
Jayne, Obama and his CULT are ideological Marxists and/or opportunist. Axelrod is a MONEY MONEY MONEY tard. Rahm Emanuel is a deluded punk raised with a silver spoon up his ballet dancing ass.
Obama is a sick freak.
Just_Saying commented:
Didn’t we all suspect Soros is the puppet-master? Not to plagarize, but “Culture of Corruption.” [Thanks, Michelle Malkin!!]
.
Mrgoodwench commented:
Lets see
Soros
AlGore
Van Jones
Teamed up for
Hussain
with big evil corporations’ money
And the problem is what exactly ?
Its not that we didn’t predict about this kindda stuff in 2008 , but we were racists, right ?
If only someone in the British press takes this up too and expose it , like they did illegal auntie Zeytun and the CRU_ks
myna commented:
Shocking! From corruption to cover-up how low the democrats can go?
Lightwave commented:
It’s incredible. In just 14 months Obama has PROVEN to be THE MOST CORRUPT politician in American history.
IMPEACHMENT IN 2011 IS THE ONLY OPTION!
The Chicago Way ain’t the AMERICAN WAY!
It’s not enough to just to control Congress next year. It’s up to us to make sure the Republicans we send to Washington understand their first duty is to the COUNTRY and to rid us of Obama and Biden!
That means the next person in line will be the Republican Speaker of the House in 2011!
January 2013 will be TOO LATE to take our country back from OBAMACARE!
Solaratov commented:
Kenny Solomon
March 6th, 2010 | 9:22 pm | #8
Can I be on the arresting team for one of the administration members…..
++++++++++++++++++++++++++++++++++++++++++++++++
Arrest? I had a somewhat more….permanent….solution in mind.
Trials are so boringly tedious, dontcha know.
Sojourner commented:
from 2008, Aspen Environmental Institute Forum
…Cathy Zoi: how we mobilize the action we need to take against climate change.
http://www.youtube.com/watch?v=GmNIQGG1d18&NR=1
Freddy commented:
Instead of using the information presented to him, Obama decided to try to alter it. This kind of IGNORANCE is why Obama has already FAILED as a president!
Who could trust such a government?
Signe commented:
Look into Todd Stern, United States Special Envoy for Climate Change, and his ties in the up and coming cap and trade industry
Robert commented:
This would be the same President Trash-Bag HopeAndChange
that just nominated a federal judge so the nominee’s brother
would vote in favor of the federal takeover of health care.
bill-tb commented:
We all know one thing, no not the thing about Obama’s citizenship … the part about his character … He lies about most everything, and doesn’t seem to care.
It’s a new low for our Republic.
Cher Cropper commented:
I am well into my seventh decade of life and the fifth decade of adult life, and never have I seen the media cover up so much as it does for this man Obama and it’s done without any shame. Good that we have the electronic media to spread the real news around some, but there are those who are still in denial of what the old media is doing these days. With a true investigation of Obama’s character and history, he would have never become POTUS. How can we have freedom when the press is now a team of cheerleaders instead of investigating the who, what, when, where, and why?
bobc commented:
And then there is this!
Organized crime: The ‘looting’ of $11 trillion from the U.S. economy
Zubi Diamond, author of the powerful new book, Wizards of Wall Street, says the agenda of Soros and other short sellers is clear.
Their purpose, he says, is “to loot America and any foreign country which invested in America. Greece was one of them. Iceland was ravaged and annihilated.”
http://www.worldtribune.com/worldtribune/WTARC/2010/ss_economy0172_03_05.asp
The author suggests what I have thought all alone, that Soros and his looters, did this to help get Obama elected!
avery commented:
Gotto get rid of Green jobs and Carbon tax it is destorying our country.
Rick commented:
Why has the FBI and intellegence agencies not investigated and exposed this fraud? My bad. Thats not PC.
Hunter Campbell commented:
Isn’t Kathy Zoi the wife of a window manufacturer who got both Obama and Beiden to speak at their factory, and also made $$ in the process?