A trove of over 150 emails released late Wednesday by the House Committee on Oversight and Government Reform reveals crony capitalism at the highest levels of government. The emails show that the loans given to failed companies like Solyndra, Abound Solar, A123, and other failed companies were pushed through for political reasons by Department of Energy (DOE) Secretary Chu, Vice President Biden, and even President Obama himself.
Is America importing less oil today than it did four years ago? Well, that is certainly the claim of the President who cites this drop as a major accomplishment of his Administration.
For years, charges have been made that a common chemical found in plastics, known as BPA, is responsible for birth defects, obesity and even cancer. And while activists have been successful getting their message into the media, they’ve been less successful in getting it validated by peer-reviewed science.
The Science and Public Policy Institute reported that the EPA recently awarded $1.9 million in environmental justice grants to non-profits and local governments working on the global warming issue. Dennis Ambler, the author of the report, offers this observation:
Despite the fact that hurricanes in the U.S. are at a record low, global warming alarmists have been quick to seize upon these natural disasters as evidence of man-made global warming.
Recently the London Daily Telegraph ran a story claiming there are only 100 cod fish left in the North Sea. And while this story was echoed widely by newspapers and environmental groups, an investigation by BBC reporters found this cod report to be, well, just a little bit fishy.
When U.S. solar companies like Solyndra have faltered, the blame has often been put on China with that claim that we just can’t compete. But according to energy analyst Paul Chesser, China’s big solar firms are reporting disastrous financials, with just 3 companies listing debts more than $6 billion.
You might take your coffee with cream and sugar, but how about barley husks and mushroom roots? Probably not the latter, but according to the group PERC, common white Styrofoam coffee cups, along with a whole host of other Styrofoam packaging, may one day be replaced by this organic mixture grown by a start-up company in New York.
Coal has powered America for decades, but is it time to move on? Nicolas Loris at the Heritage Foundation’s Institute for Economic Policy Studies says “no,” and here explains why: “There is enough coal in America to provide cheap, reliable electricity for 500 years at current consumption rates.
What could be more socially conscious than an environmental activist working on a sleek new tablet or smartphone? Well according to an explosive article in the New York Times entitled "Pollution, Power and the Internet," information technology is a massive energy glutton that may now be consuming more than 10% of America's electrical supply.
The Hill reported today that President Obama has not wavered in his commitment to reducing carbon dioxide levels and fighting man-made climate change: "Activists with President Obama’s campaign are trying to dampen criticism from environmentalists who say global warming has been given short shrift in the 2012 presidential race."
Citing concerns about the alleged impact of the proposed Keystone pipeline on an aquifer in Nebraska, environmentalists and President Obama have so far blocked approval for construction. But according to an article on Bloomberg News, that opposition will likely end up simply benefiting China, and further harming the U.S. economy.
Marc Morano, editor of CFACT's Climate Depot, appeared on Fox Business News to discuss the bankruptcy of taxpayer-backed battery maker A123. "The Obama administration tried to become a venture capitalist and create a market where none exists," said Morano.
Atlas Shrugged Part II opens in theaters October 12, 2012.
SoloPower is set to get a $197 million federal loan guarantee. The more the plans fail, the more the planners plan.