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Green Graft: One of the Best Breakdowns of Green Energy Crony Capitalism We Have See

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I feel like I have to say this periodically as we highlight the massive corruption in Obama’s various “green energy” initiatives. We like alternative energy. We think it has an important place in the future of energy. However, we are not for the subsidization of these technologies and we are certainly not for the extensive “green graft” we have seen under the current presidential administration.

The attached (short) article does a good job of summing up some of the most egregious examples of green graft.

(From The American Thinker)

“ Let’s turn our attention to SolarReserve. The DOE gave a $737-million loan for SolarReserve to build its Crescent Dunes project near Tonopah, NV. SolarReserve’s list of “investment partners” includes Pacific Corporate Group (PCG) Clean Energy & Technology Fund (East) LLC, whose number-two man is Ronald Pelosi, a San Francisco politico who just happens to be Nancy Pelosi’s brother-in-law.”

Click here for the story.

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Embargo On Iranian Oil Delayed By Six Months

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Eric Platt

A European Union embargo on Iranian oil will likely be delayed by six months, Bloomberg‘s Thomas Penny reports.

The E.U. is holding for countries including Italy, Greece and Spain to find alternative sources.

New York oil prices have fallen 1.8% on the news.

Iran is the second largest OPEC oil producer, with 3.6 million barrels recovered per day last month.

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Canadian Minister Tells Enviros to F**k Off on Oilsands Obstructionism

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Ronald Bailey | January 10, 2012

In a no-holds-barred open letter, Canadian Natural Resources Minister Joe Oliver tells environmental radicals to take a hike, preferably off a high cliff.

Canada is on the edge of an historic choice: to diversify our energy markets away from our traditional trading partner in the United States or to continue with the status quo.

Virtually all our energy exports go to the US.   As a country, we must seek new markets for our products and services and the booming Asia-Pacific economies have shown great interest in our oil, gas, metals and minerals. For our government, the choice is clear:  we need to diversify our markets in order to create jobs and economic growth for Canadians across this country.  We must expand our trade with the fast growing Asian economies. We know that increasing trade will help ensure the financial security of Canadians and their families.

Unfortunately, there are environmental and other radical groups that would seek to block this opportunity to diversify our trade.  Their goal is to stop any major project no matter what the cost to Canadian families in lost jobs and economic growth. No forestry.  No mining.  No oil.  No gas. No more hydro-electric dams.

These groups threaten to hijack our regulatory system to achieve their radical ideological agenda.  They seek to exploit any loophole they can find, stacking public hearings with bodies to ensure that delays kill good projects.  They use funding from foreign special interest groups to undermine Canada’s national economic interest. They attract jet-setting celebrities with some of the largest personal carbon footprints in the world to lecture Canadians not to develop our natural resources.  Finally, if all other avenues have failed, they will take a quintessential American approach:  sue everyone and anyone to delay the project even further. They do this because they know it can work.  It works because it helps them to achieve their ultimate objective: delay a project to the point it becomes economically unviable.

Wow.

That bit about the “quintessential American approach” hurts only because it’s true.

So what did President Obama do in the face of environmentalist agitation? He caved. Our bravely decisive president tried to put off deciding on the approval of the Keystone XL pipeline which would link U.S. refineries to the Canadian oilsands production until after the 2012 presidential election. But as part of the deal to extend the payroll tax cut for two months, the Republicans in Congress set a deadline for President Obama to decide by February 21 whether or not the pipeline is in the U.S. national interest. So which Democratic interest group will the president choose to alienate? The unions or the environmental lobby?

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Obama’s Cordray Appointment Mocks the Constitution

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July 18, 2011: President Obama announces the nomination of former Ohio Attorney General Richard Cordray to serve as the first director of the Consumer Financial Protection Bureau.

By Phil Kerpen
Published January 04, 2012

In 2008 candidate Sen. Barack Obama famously said: “This is part of the whole theory of George Bush that he can make laws as he is going along. I disagree with that. I taught the Constitution for 10 years. I believe in the Constitution and I will obey the Constitution of the United States. We are not going to use signing statements as a way of doing and end run around Congress.”

Now, we find that not only was he kidding about signing statements – he recently used one to ignore about 20 provisions of the omnibus spending bill – but Obama also believes he can decide for himself that the Senate is in recess when it is not, overturn at least a hundred years of precedent, and bypass the Constitution’s

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Moreover, the president now considers it a political virtue that he is doing precisely what he criticized George Bush for doing: “make laws as he is going along.” Obama now says: “I refuse to take ‘No’ for an answer… when Congress refuses to act in a way that hurts our economy and puts people at risk, I have an obligation as president to do what I can without them.”

If he were acting within the confines of the law and the Constitution, the argument might make sense.But Obama has now adopted a theory of executive power so expansive that a reporter at a recent press conference understandably asked whether the president believes we have a virtual monarchy, a president of unlimited powers subject only to periodic elections but not to the rule of law.

According to a 1993 brief from the Clinton Justice Department, Congress must remain adjourned for at least three days before the adjournment constitutes a “recess” for the purposes the recess appointment power.

The origin of this three day period is Article I, Section 5 of the Constitution, which states: “Neither House, during the Session of Congress, shall, without the Consent of the other, adjourn for more than three days.”

In other words, the president can only recess appoint when the Senate has adjourned for more than three days, and the Senate cannot adjourn for more than three days without the consent of the House.

Speaker John Boehner has properly withheld that consent to prevent Obama from installing radical appointees into key positions.

There is recent precedent for this action and for its legitimacy.In fact, then-Obama Solicitor General Elena Kagan wrote to the Supreme Court on April 26, 2010:“Although a President may fill such vacancies through the use of his recess appointment power … the Senate may act to foreclose this option by declining to recess for more than two or three days at a time over a lengthy period. For example, the Senate did not recess intrasession for more than three days at a time for over a year beginning in late 2007.”

Obama’s attempt to “recess appoint” Richard Cordray while the Senate is in pro forma session is especially galling in light of the history of the new Consumer Financial Protection Bureau (CFPB) and the broad powers that Cordray – if Obama’s sleight of hand is permitted by the courts – will wield over the United States economy.

The CFPB has the power to interfere with every consumer financial transaction in the economy. It is housed in the Federal Reserve and funded out of Fed operations, not congressional appropriations, avoiding effective congressional oversight.

All power is vested in one individual – now, presumably Cordray – with no board or commission.None of this was part of Elizabeth Warren’s original design, which included a five-member commission that was funded and overseen by Congress.Senate Republicans have correctly called for reforms to make the new agency accountable before confirming a nominee and allowing it to begin writing rules that could have a major negative impact on the economy.

Obama doesn’t care.He’s making is up as he goes along.What a difference four years makes.

Phil Kerpenis vice president for policy at Americans for Prosperity and author of Democracy Denied: How Obama is Ignoring You and Bypassing Congress to Radically Transform America – and How to Stop Him.

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DOE sees rationing as US acts vs Iran

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BY JOHN LOURENZE POQUIZ

The Department of Energy is readying its contingency plan in the event that the problem in Iran escalates and results in a local fuel supply shortage.

Energy Undersecretary Jose Layug said that the DOE is looking at mechanism where the government would ration fuel consumption in the event supplies become tight.

“We are reviewing our contingency plan. Part of that is cutting down consumption,” Layug told Malaya Business Insight.

“We would have a mechanism where people would be given allocations on the oil they consume. It’s a form of rationing,” he added.

Layug said that the Philippines sources only less than 1 percent of its requirements from Iran.

He said, however, local fuel supply would be threatened if the Strait of Hormuz, which is adjacent to Iran, would be blocked.

The strait is the only passage for ships carrying petroleum from major oil-exporting countries on the Arabian peninsula.

Layug said that because of the supply threats, world oil prices have been going up in past weeks, influencing local pump prices.

“In terms of Iran, (we source a) very small (amount). Less than 1 percent. But more importantly, ever since Iran test-fired its missiles (last week), the international market has gone up,” he said.

“In fact, for the past few weeks, the major reason for the price hikes is Iran. Prices in the international market have gone up,” he added.

Last week, oil firms raised the prices of their unleaded and premium gasoline products by P0.90 per liter. The price of regular gasoline went up P0.60 per liter, while diesel rose P0.30 per liter.

The sanctions approved by President Barack Obama on New Year’s Eve have highlighted the importance of Iranian oil supplies to East Asia’s energy-hungry economies. They have led to a clash of interests between Washington and key commercial and strategic partners over efforts to stop Iran’s nuclear program.

China, the biggest buyer of Iran’s oil, has publicly rejected US sanctions aimed at Tehran’s energy industry, while American allies Japan and South Korea are scrambling to find a compromise to keep critical supplies flowing.

Beijing is buying less Iranian crude this month, but analysts say China is unlikely to support an oil embargo. Instead, they say, the smaller purchases might be a tactic aimed at obtaining lower prices as the West squeezes Tehran.

“We are considering our response and are closely discussing the matter with the US,” a Japanese Foreign Ministry official, Kazuhiro Kawase, was quoted by The Associated Press as saying Friday.

A South Korean foreign ministry spokesman said this week Seoul is in talks with Washington aimed at “minimizing the negative impacts” of sanctions. South Korea imports 97 percent of its oil and depends on Iran for up to 10 percent of its supplies.

China’s foreign ministry rejected the sanctions this week and called for negotiations, leaving unclear whether Beijing might defy Washington, straining relations between the world’s biggest and second-biggest economies.

“Sanctioning is not the correct approach to easing tensions,” said a ministry spokesman, Hong Lei. “China opposes the placing of one’s domestic law above international law and imposing unilateral sanctions on other countries.”

US Treasury Secretary Timothy Geithner is due to visit Beijing and Tokyo next week for talks that officials say will include the sanctions.

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