Wednesday, June 13, 2012

"Obviating" The Climate Change Scam

You may link to this deceptive and self aggrandizing account of Lisa Jackson's tenure at the Obama EPA if you wish. However, I must warn you that some of the language may be WAY ABOVE your conservative intellect and your pay grade.
This snippet is at the end of her interview...and clearly this is what the Obama regime thinks of most Americans; at least those without an Ivy League indoctrination...

The Guardian

Q. If you were writing a headline for your work on the climate issue at EPA, up to now, or for whenever your work is done at EPA, what would you want it to be?

A. "In accordance with the law, we moved forward with sensible, cost effective steps at the federal level on climate, using the Clean Air Act." And I would have a second sentence — see, I can't write headlines! But it would be something like, "The progress at state and local levels, combined with the federal level, does not obviate the need" — you can't use obviate, it's above fifth-grade level! — "does not obviate the need for federal legislation to address this incredibly important challenge for this and future generations."

For a clear interpretation of Jackson's interview visit The PJ Tattler

I hope you will bear with me today, as there is much afoot on the Green Front. After all Obuma has made it clear that climate change will be the most important issue of his election campaign.

Now on to the latest GREEN NEWS...

Bank of America / Obamabank commits 50 Billion Dollars to fight climate change... 

Throwing good money after bad?
Call it the greening of Wall Street...National Review

In the wake of a $30 billion commitment to new environmental investments by Wells Fargo in April and a $40 billion promise from Goldman Sachs this month, Bank of America will announce a 10-year, $50 billion initiative of its own on Monday.
Facing bad publicity on practically every front, the big banks are highlighting what has quietly become a hot growth area in recent years — backing projects and companies in sectors like renewable energy, emissions reduction and reduced-carbon transportation.
Bank of America officials said the initiative encompassed steps including underwriting initial public offerings for so-called green companies, making loans to consumers who buy hybrid vehicles and helping developers to retrofit old factories as well as investing in renewable energy.
I’m all for a private-sector company investing or lending its capital as they see fit. If they want to lose Warren Buffett’s money, that’s fine by me.

Most recently, American Electric Power withdrew its application for a $1 billion retrofit of its Big Sandy plant in Kentucky; it now plans to shutter five of its 21 coal-fired facilities.

Nationwide, some 100 of 500 coal-burning plants are slated for the slag heap.

Many closings will come in Ohio, where Akron-based FirstEnergy was first out of the box in announcing several planned shutdowns. It spent five years and $1.8 billion installing scrubbers on its largest plant located on the Ohio River; costly upgrades to the smaller units simply didn’t make sense.

The lost capacity will be replaced mainly by cheaper natural-gas plants, but the shift will require costly improvements to transmission facilities, expected to run more than a billion dollars in Ohio alone. Projected electric-rate hikesalarmed Ohio small businesses, which protested to the state’s Public Utility Commission.

Those concerns seem justified, based on the results of a recent auction conducted by regional-grid manager PJM, which annually contracts for excess capacity three years out. Thanks to the plant closings, the auction prices in northern Ohio soared to $357 per megawatt, versus $136 per megawatt in PJM’s total area.

These auction quotes don’t translate directly into retail prices, but they foretell the direction.

Read more on the Obama war on coal and it's impact on the Ohio voter in particular...Believe it or at: NY Post

Finally, here is the latest on the European Green Front...

With the Euro set to fail, the supreme Socialist redistributionists of Europe need all the Carbon Cash they can lay their hands on!

Europe looks likely to rule that airlines based outside the continent should pay for carbon emissions. Photograph: Kent Wien/Getty Images/Flickr RF
Europe's most senior court is expected to rule on Wednesday that airlines based outside the continent should have to pay for their carbon emissions on flights to or from EU member states, in a crucial test of climate change regulation.

The US (AND CHINA) have threatened to take retaliatory action against the European Union unless Brussels drops its plan imminently to start charging any airline flying into the bloc for its carbon ‘pollution’.


Woodsterman (Odie) said...

I thought this was a Rule 5 until I saw Al baby.

Scottcarp Dreamer said...

When I invoke Rule 5 I will have better views for you.