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Welcome to the Reality on ‘Green Energy’ Jobs
Posted by
Press Office
on
August 16, 2010
Today, President Obama traveled to Menomonee Falls to tout the ‘success’ of the ‘clean energy’ portion of his trillion-dollar ‘stimulus’ but new reports – highlighted by The Hill newspaper - show little to cheer about. In fact, most of the ‘green energy’ money hasn’t even gone out the door. According to the Department of Energy’s own internal watchdog, “ … only 8.4 percent of the total had been used by grant recipients after more than a year.” Furthermore, according to one of those reports, “Spending delays were ‘prevalent and widespread throughout the Program,’ particularly by those receiving the largest grants of more than $2 million each.” A report in last weekend’s Washington Post has more:
In response, the White House has tried to speed the spending, with limited results:
In one case, the rush to spend taxpayer funds caused a backlash that stopped the project entirely. “The day after the IG delivered its report to senior DOE officials, the department announced that $1 billion in stimulus money was being awarded to the revised version of the long-planned and troubled “FutureGen” project, a prototype coal-fired power plant that would trap and store almost all of its carbon dioxide emissions. But Mattoon, Ill., the town that was to house the FutureGen project, subsequently rejected the project revisions after seeing its role change and shrink.” When the ‘stimulus’ passed, the White House promised it would create jobs ‘immediately’ and keep the unemployment rate below eight percent. Instead, more than two-and-a-half million more Americans have lost their jobs, and unemployment is near double digits. There is a better way. House Republicans have offered a plan to save $266 billion by cancelling the unspent ‘stimulus’ funds, and using that money to reduce the federal government’s staggering deficit.
The opinions expressed below are those of their respective authors and do not necessarily represent those of this office.
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