Obama’s statement was less about the Keystone pipeline and more of a brag session on America’s supposed conversion to a clean energy economy. He stated: “Thanks, in part, to the investments we’ve made, there are already parts of America where clean power from the wind or the sun is finally cheaper than dirty conventional power.” Yet, his climate change ally Bill Gates, in the November issue of The Atlantic magazine makes clear that this is a “misleadingly mindless statement.” Addressing the “self-defeating claims of some clean-energy enthusiasts,” Gates says: “What they mean is that at noon in Arizona, the cost of that kilowatt-hour is the same as a hydrocarbon kilowatt-hour. But it doesn’t come at night, it doesn’t come after the sun hasn’t shone, so the fact that in that one moment you reach parity, so what?” Additionally Gates calls the growth in wind: “very subsidized” and solar: “highly subsidized.”
During the announcement, Obama said the clean energy economy is “booming.” He’s conveniently ignored Abengoa—the Spanish solar company that received the biggest single award from his 2009 stimulus package, yet today is under investigation from several federal agencies and is teetering on edge of bankruptcy after stock prices plunged more than 30 percent..
The President also made the “misleading” statement that the growth in wind and solar will help America’s “energy security”—when in fact, wind and solar produce electricity, while oil powers America’s transportation fleet. America is already, and has been, electricity secure. Wind and solar do nothing to reduce our need for oil.
His closing comment: “America’s prepared to show the rest of the world the way forward,” proves that his position on the world stage is more important than policy positions that would provide jobs for Americans.
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