The oil price drop is really gutting Obama’s green agenda

Falling Oil Prices and the Climate Change Agenda

By Dr. Ileana Johnson Paugh —— Bio and Archives--December 22, 2014

Global Warming-Energy-Environment | Comments | Back To Full Article

The latest falling oil prices to $55.96 (West Texas Intermediate), dropping from a high of $105 per barrel in June 2014, as a result of increased domestic oil production from fracking, is making the price of $150 per barrel of renewables look ridiculously expensive, not counting the wasted government subsidies in bankrupt solar power companies. The green agenda, which has become a climate change industry, is very lucrative for wealthy climate alarmists and for the United Nations.

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