WhatFinger

Central to the story is solar energy company Solyndra, which received a $535 million taxpayer-funded loan guarantee.

A Bad Year for Obama’s Green Dream


By Heritage Foundation Mike Brownfield——--December 29, 2011

American Politics, News | CFP Comments | Reader Friendly | Subscribe | Email Us


For President Barack Obama, 2011 began with a bang — a bold pronouncement that his green dream for America would bring forth a jobs explosion and a new economy fueled by alternative energy, a vision he likened to President John F. Kennedy’s “moon shot” in the 1960s. Much to Obama’s chagrin, the year has ended in a whimper with his green energy “sun shot” sputtering to the ground before it even took off.

The President set the bar awfully high in his State of the Union Address last January, hailing alternative clean energy as “our generation’s Sputnik moment” and claiming that it would be ”an investment that will strengthen our security, protect our planet, and create countless new jobs for our people.” The President said, “Already, we’re seeing the promise of renewable energy.” Unfortunately, what the President predicted is much different than what the rest of the country experienced in the ensuing year. The jobs that the President promised didn’t materialize, and his green energy investments are careening into the ground, not shooting to the moon. That news was sealed in The Washington Post this week with a story that didn’t see much light of day, published as it was on Christmas Day. The Post reported that politics, not policy, has been largely behind the President’s green jobs program:

More...


Support Canada Free Press

Donate


Subscribe

View Comments

Heritage Foundation——

The Heritage Foundation is the nation’s most broadly supported public policy research institute, with more than 453,000 individual, foundation and corporate donors. Heritage, founded in February 1973,  mission is
to formulate and promote conservative public policies based on the principles of free enterprise, limited government, individual freedom, traditional American values, and a strong national defense.


Sponsored
!-- END RC STICKY -->