Thursday, July 12, 2012

Turns out it's not easy being green


With three wars and a slashed defense budget, does our Navy really need fuel that costs 7 times more? 

“Republican lawmakers have seized on the fuel’s $26-a-gallon price, compared to $3.60 for conventional fuel…as a waste of precious funds at a time when the U.S. government’s budget remains severely strained, the Pentagon is facing cuts and energy companies are finding big quantities of oil and gas in the United States.”  Read more here

At least that green fuel actually exists.  That’s more than can be said for this EPA-required substance

“Federal regulations can be maddening, but none more so than a current one that demands oil refiners use millions of gallons of a substance, cellulosic ethanol, that does not exist. ‘As ludicrous as that sounds, it's fact,’ says Charles Drevna, who represents refiners. ‘If it weren't so frustrating and infuriating, it would be comical.’  Read more here

Meanwhile, another green project is in the red

 “Another energy firm backed by the Obama administration appears to be headed toward collapse. This time it’s a Nevada geothermal company that benefited from a $98.5 million federal loan guarantee that’s in the spotlight.”
Read more here

Can anyone think of an Obama-backed green project that’s a success?  Anyone?   Anyone?

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