Heh, the great thing about vid is it don’t lie. Especially when it’s one uninterrupted take, like shown below in a little gem Obama gave us in November of 2008 right after he was elected but before his inauguration. And it has subtitles, so I don’t even have to write out quotes. Pretty self explanatory. And damning. Just don’t have anything close at hand that can damage your computer as you watch this;)
Climate change. The facts are beyond dispute, and the facts are clear. Sea levels are rising. Coastlines are shrinking. Climate change and our dependence on foreign oil if left unaddressed will continue to weaken our economy and threaten our national security. My presidency will mark a new chapter in America’s leadership on climate change that will strengthen our security and create millions of new jobs in the process. We’ll invest $15B each year to catalyze the private sector to build a clean energy future.
Well, I lied about quoting him, but so did he lie. Bigtime. Not only has climate change been shown to be a hoax, but the job creation by “clean energy” has proven to be unsubstantiated.
Let’s take a look at Spain, who tried the “green energy” route around 1999. Obama said 8 times the US should follow Spain’s green jobs model. After all, Spain is the world’s fourth largest producer of wind power, and the fourth largest solar panel manufacturer.
And just how’s that working out for ya, SPAIN?
Glenn Beck tells us, according to Professor Gabriel Calzada Alvarez Spain’s “green energy jobs” is an “absolute nightmare.” Spain lost 2.2 jobs for every job they created and only one in 10 green jobs in Spain ends up being permanent. Also weighing in on the issue is Rep. Michele Bachmann (R-MN), Rep. John Fleming (R-LA), Rep. Glenn Thompson (R-PA) and Rep. Ed Whitfield (R-KY) who is now Chair of the House Subcommittee on Energy and Power.
Professor Alvarez released this study, Study of the Effects on Employment of Public Aid to Renewable Energy Sources from Madrid’s Universidad Rey Juan Carlos, and it’s pretty stunning. Page 7:
- Europeâ€™s current policy and strategy for supporting the so-called â€œgreen jobsâ€ or renewable energy dates back to 1997, and has become one of the principal justifications for U.S. â€œgreen jobsâ€ proposals. Yet an examination of Europeâ€™s experience reveals these policies to be terribly economically counterproductive.
No. 7 on page 8:
- The study calculates that since 2000 Spain spent â‚¬571,138 to create each â€œgreen jobâ€, including subsidies of more than â‚¬1 million per wind industry job.
No. 8 on page 8:
- The study calculates that the programs creating those jobs also resulted in the destruction of nearly 110,500 jobs elsewhere in the economy, or 2.2 jobs destroyed for every â€œgreen jobâ€ created.
No. 12 on page 8:
- The total over-cost â€“ the amount paid over the cost that would result from buying the electricity generated by the renewable power plants at the market price – that has been incurred from 2000 to 2008 (adjusting by 4% and calculating its net present value [NPV] in 2008), amounts to 7,918.54 million Euros (appx. $10 billion USD).
No. 24 on page 10:
- Renewables consume enormous taxpayer resources. In Spain, the average annuity payable to renewables is equivalent to 4.35% of all VAT collected, 3.45% of the household income tax, or 5.6% of the corporate income tax for 2007.
And after all of these economic efforts, solar energy failed even to reach 1% of Spainâ€™s total electricity production in 2008.
The document is 52 pages long, but it kind of sums it up on page 37:
Public investment in renewable energy has job creation as one of its explicit goals, which, given the current economic crisis, suggests an intention of seeding a future recovery with â€œgreen jobâ€ subsidies. The problem with this plan is that the resources used to create â€œgreen jobsâ€ must be obtained from elsewhere in the economy. Therefore, this type of policy tends to create not just a crowding-out effect but also a net destruction of capital insofar as the investment necessary must be subsidized to a great extent and this is carried out by absorbing or destroying capital from the rest of the economy.
And Spain’s solar sector did fall into the abyss, as predicted.
But the UK didn’t learn from Spain. They fell into the same trap. In Scotland for every job created in the renewable energy sector, almost four have fallen by the wayside.
Verso Economics did a study titled Worth the Candle? in which they say “the economic candle in Scotland is being blown out by wind and solar.” Document is below:
The document is only 3 pages long, but on page two gives us this salient fact:
The reportâ€™s key finding is that for every job created in the UK in renewable energy, 3.7 jobs are lost. In Scotland there is no net benefit from government support for the sector, and probably a small net loss of jobs. [snip] The main policy tool used to promote renewable energy generation is the Renewables Obligation, which effectively raises the market price paid for electricityfrom renewable sources. This scheme cost electricity consumers Â£1.1bn in the UKand around Â£100m in Scotland in 2009/10. The UK government plans similar schemes to promote renewable heat and renewable fuels.
Obama promised he would bankrupt the coal industry in favor of green jobs, and under his plan for renewable energy “electricity prices would naturally skyrocket.”
Well, according to Beltway Confidential the cost of each of those “green jobs” is $135,295 per.
Well, about a month ago, Obama, your windmills froze in Texas and cut off power to millions of people including hospitals. And wind and solar don’t work too well in northern Ohio with all our gray, cloudy rainy days and heavy wind and snow. And besides, what will be used to fill our gas tanks? Wind from those Hollywood types who are always spouting off about the necessity to cut down on fossil fuels while tooling around in their huge SUVs?
The power has to come from somewhere, Obama. Even those way over-priced Volts need coal or another fossil fuel to recharge those electric batteries or the drivers will be using foot power.
I listened to your presser yesterday on the energy situation in this country. You’ve certainly given this writer enough material to fill her time, but as Scarlett O’Hara said “tomorrow is another day.”
Crossposted at Conservative Outlooks