Posted on 05/16/2014 12:05:52 PM PDT by jazusamo
Its bad enough that American taxpayers have been repeatedly fleeced by President Obamas many failed green projects, now the commander-in-chief is dedicating an extra $2 billionon top of $2 billion already dispersed in 2011to make federal buildings in the United States energy efficient.
Its a necessary expense to protect the planet, according to the global warming movement spearheadedand largely fundedby the U.S. government and much of the international community. This particular investment will cut carbon pollution by more than 380 million metric tons, according to a White House announcement. Thats equivalent to removing 80 million cars from roads for a year, the administration asserts. How exactly? By equipping federal buildings with smarter appliances and upgrading the structures so that they are more energy efficient, whatever that means.
What we do know is that it will cost an eye-popping $4 billion to do it right. These investments will save Americans billions in energy costs, promote energy independence, and, according to independent estimates, create tens of thousands of jobs in the hard-hit construction sector, the White House announcement says. It doesnt offer any further information on the independent estimates that predict the creation of thousands of jobs, however. That means we must trust that the government is being truthful, which is all too often not the case.
This brings to mind another taxpayer-funded green boondoggle that didnt quite pan out the way the government predicted. It involves a Norfolk Virginia Navy base that got $21 million worth of solar panels under the Obama administrations aggressive initiative to transform the way the military gets its power in the name of reducing global warming. It will take the U.S. Navy a mind-boggling 447 years to benefit from the costly investment, which is supposed to save money by lowering utility bills. No one in government seems to be sweating it in fact the project manager for the Naval Facilities Engineering Command said this in a local newspaper: You have to start somewhere.
The recent allocation to make federal buildings greener is part of a broader effort to advance solar deployment and energy efficiency, which in turn will cut carbon pollution. The initiative will also launch training programs at community colleges across the country to assist 50,000 workers to enter the solar industry by 2020, the White House reveals. Supported by historic investments in research, development, and deployment, the price of solar technologies has decreased and the U.S. solar market has experienced rapid growth since President Obama took office, the White House announcement says.
Could it be referring to Solyndra, the fly by night solar panel firm that folded after receiving $535 million from the U.S. government? The administration fast-tracked the cash flow for a top Obama fundraiser named George Kaiser, who spearheaded the now-defunct northern California company. More than 1,000 workers got laid off and American taxpayers got stiffed. Judicial Watch has an ongoing Solyndra investigation and has filed a lawsuit to obtain records that can reveal how the controversial deal went down on behalf of a politically-connected entrepreneur that had raised large sums for the president.
In addition to Solyndra, the administration has doled out hundreds of millions more to risky green energy ventures that failed miserably. A startup named Fisker Automotive got $200 million to develop a wheelchair-accessible green van before going bankrupt. Another new business called Vehicle Production Group went under after losing $50 million in taxpayer funds to create special vans for the disabled that run on compressed natural gas. Last fall a company called ECOtality that makes charging stations for electric cars collapsed after getting $99.9 million from the government.
Some distant cousin or contributor must have just set up an energy efficiency company.
My thoughts also, probably more than one.
How do these companies somehow fail. I guess people know how to swindle money from the government nowadays.
He's only devoting a two-dollar bil? What a cheap-ass tightwad.
These companies go under when government subsidies run out after 0bama’s buddies have drawn huge salaries for several years.
Which of his pals gets the money this time?
And how much of it is he keeping for himself?
$2 billion of caulk and storm windows, no doubt.
” $2 billion of caulk and storm windows, no doubt. “
I think it is actually some of that High Effeciency Bio-degradable Wheel greese that is made out of ground up tax payer money....
Looks like baraq is playing out the movie, “Brewster’s Millions” with our money again.
It is wheel grease....
You know to grease the wheels....
Not only that, but what about the actual cost savings.
If they were honest, they’d probably show they were saving about 200k, so they’re spending 10 times what they’re saving.
Hopefully there are some occupied buildings on the list....
Fire half the drones—that’ll make the buildings more efficient automatically.
Where does this degenerate commie get all this money? Hello congress???????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????
like new solar panels at the WH that will light 5, 50 watt bulbs
As you said. The payback will be beyond the useful lives of the bldgs.
Math nit: $2 bn : $200K = 10,000. Ten thousand times what they’re saving.
Piker! Get with the program, you gonna grift, grift big!
spending billions to save thousands
how efficient
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