Search This Blog

Thursday, March 01, 2012

Chu: Energy Dept Working To Wean U.S. Off Oil, Not Lower Gas Prices



When asked about what he is doing to reduce the price of oil he mentioned natural gas, electrification, biofuels (algae?). How well does your car run on natural gas, electricity or algae?

This man does not care what his policies are doing to Americans. Their suffering is not a consideration. This is a "virtual" administration living in an alternative reality.

From Real Clear Politics:
Creating a “green energy” economy may be the most daunting central planning task ever attempted. It entails nothing less than the reengineering of our entire energy infrastructure. And, like all central planning schemes, it is based on a roadmap that eschews real-world experience and sound economics in favor of utopian ideology driven by political connections.

Now the experiment is unraveling, having barely begun. As the parade of government-subsidized failures like Solyndra, Stirling Energy, SpectraWatt, Evergreen Solar, Beacon Power, and others mount, now is a good time to look at how all the pieces of the alternative energy puzzle are supposed to fit together—and what happens when they don’t

No comments: