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Global Warming is not due to human contribution of


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#3761 Mr Hand

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Posted 27 March 2012 - 08:08 PM

Monday, March 26, 2012
"Medieval Warm Period" wasn�t just confined to Europe.

Current theories of the causes and impact of global warming have been thrown into question by a new study which shows that during medieval times the whole of the planet heated up.


It then cooled down naturally and there was even a "mini ice age".




A team of scientists led by geochemist Zunli Lu from Syracuse University in New York state, has found that contrary to the "consensus", the "Medieval Warm Period" approximately 500 to 1,000 years ago wasn't just confined to Europe.
In fact, it extended all the way down to Antarctica – which means that the Earth has already experience global warming without the aid of human CO2 emissions.


"We showed that the Northern European climate events influenced climate conditions in Antarctica," Lu says. ‘More importantly, we are extremely happy to figure out how to get a climate signal out of this peculiar mineral. A new proxy is always welcome when studying past climate changes.'




http://www.drudge.co...t-just-confined

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#3762 Mr Hand

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Posted 27 March 2012 - 08:10 PM

Monday, March 26, 2012
"Medieval Warm Period" wasn�t just confined to Europe.

Current theories of the causes and impact of global warming have been thrown into question by a new study which shows that during medieval times the whole of the planet heated up.


It then cooled down naturally and there was even a "mini ice age".




A team of scientists led by geochemist Zunli Lu from Syracuse University in New York state, has found that contrary to the "consensus", the "Medieval Warm Period" approximately 500 to 1,000 years ago wasn't just confined to Europe.
In fact, it extended all the way down to Antarctica – which means that the Earth has already experience global warming without the aid of human CO2 emissions.


"We showed that the Northern European climate events influenced climate conditions in Antarctica," Lu says. ‘More importantly, we are extremely happy to figure out how to get a climate signal out of this peculiar mineral. A new proxy is always welcome when studying past climate changes.'




http://www.drudge.co...t-just-confined

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#3763 DocSativa

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Posted 28 March 2012 - 12:58 AM

The Moral Liberal v The F/U Marxist Al Gore has abandonded ship like the rats on a torpedoed Nippon destroyer and he now resides on the board of directors at Apple who`s carbon footprint is very significant considering the fact that its products are made in china and require huge amounts of oil to power the ships which deliver their product accross the Pacific rim and beyond; the goon is a shameless influence peddler and he lied about his fidelity to issues regarding climate change.

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#3764 davidmalmolevine

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Posted 28 March 2012 - 01:03 AM

The Drudge report? I think the Onion is more accurate:

Research by the media magazine Brill's Content in 1998 cast doubt on the accuracy of the majority of the 'exclusives' claimed by the Drudge Report. Of the 51 stories claimed as exclusives from January to September 1998, the magazine found 31 (61%) were actually exclusive stories. Of those, 32% were untrue, 36% were true and the remaining 32% were of debatable accuracy.[20]

http://en.wikipedia....port#Exclusives

7 Notable stories
7.1 Monica Lewinsky scandal
7.2 Swift Boat Veterans for Truth
7.3 Obama photo
7.4 Prince Harry in Afghanistan
7.5 U.S. Senate Problems
8 Controversial stories, errors and questions about sourcing
8.1 Exclusives
8.2 Sidney Blumenthal lawsuit
8.3 Alleged John Kerry intern scandal
8.4 Alleged Bill Clinton illegitimate child
8.5 Alleged CNN reporter heckling of Republican Senators
8.6 Oprah and Sarah Palin
8.7 Ashley Todd attack hoax

http://en.wikipedia....i/Drudge_Report

Nothing you have ever posted - including the latest from this rightwing gossip blogger called "Drudge" - has come even close to the logic contained in this short video ... which could be titled "climate change risk assessment for dummies":

http://videosift.com...How-it-all-ends

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"making the earth a common treasury for all, both rich and poor." Gerrard Winstanley; April 20, 1649

#3765 davidmalmolevine

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Posted 28 March 2012 - 01:07 AM

I'm not a big Al Gore fan.

Luckily, you can hate Al Gore - who is accurate in defining the problem and shitty in offering solutions - and still believe that climate change is caused by humans ... and that transforming permanent subsidies to non-renewables into temporary subsidies for renewables is an awesome idea that has no downside.

If Al Gore gave up carbon credits and talked instead of switching subsidies, he would be a lot cooler ... and harder to attack ... which is probably why you shills for big oil focus all your attention on Al Gore and none of your attention on talking about subsidies and renewable energy.

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"making the earth a common treasury for all, both rich and poor." Gerrard Winstanley; April 20, 1649

#3766 davidmalmolevine

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Posted 28 March 2012 - 01:25 AM

http://30.media.tumb...etxa3RN_400.jpg

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"making the earth a common treasury for all, both rich and poor." Gerrard Winstanley; April 20, 1649

#3767 davidmalmolevine

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Posted 29 March 2012 - 01:41 AM

http://videosift.com...-Never-Imagined

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"making the earth a common treasury for all, both rich and poor." Gerrard Winstanley; April 20, 1649

#3768 DocSativa

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Posted 29 March 2012 - 09:06 PM



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#3769 DocSativa

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Posted 29 March 2012 - 09:39 PM

What`s with the propaganda? Only people who know they are losing their support stoop to that, unless, like myself, they just like to see someone squirm. Global warming is an event which has continued unabated without humans, and globalist alarmists have been discovered lying and covering up facts which contradict their claims. That`s how you ended up with a Tory majority and Bill C-10. Y
OU`RE THE PROBLEM; LIVE WITH IT.

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#3770 Sir Robin the Fisherman

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Posted 30 March 2012 - 06:34 AM

The global warming brigade would do better to get over their sublimated fear of death, rather than trying to get everyone to be as scurred as they are.

Things change! Don't like it? Maybe material existence is not for you!

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universitatis is the proper Latin word for corporation. (8 Mod. 164)

#3771 davidmalmolevine

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Posted 30 March 2012 - 10:48 AM

The ones who are scared are the fossile fuel industries - their afraid of losing their subsidies - so they spent tens of millions of dollars on fooling simpletons into thinking that climate change is no big deal and that doing something about it is foolish and/or harmful.

http://www.guardian....ceptics-funding

http://www.good.is/p...on-mobil-money/

Did ExxonMobil Break Its Promise To Stop Funding Climate Change Deniers?
—By Kate Sheppard| Tue Jun. 28, 2011 5:00 AM PDT
94

Doug Letterman/Flickr
Back in 2008, ExxonMobil pledged to quit funding climate change deniers. But according to new documents released through a Greenpeace Freedom of Information Act request, the oil giant was still forking over cash to climate skeptics as recently as last year, to the tune of $76,000 for one scientist skeptical of humankind's role in global warming. This—and much more—came to light in a new report about the funding of Wei Hock "Willie" Soon, an astrophysicist with the Harvard-Smithsonian Center for Astrophysics.

Soon has been a favorite among climate skeptics for years, since coauthoring a paper back in 2003 that claimed that the 20th century was probably not the warmest, nor was it unique. That paper, published in the journal Climate Research, was widely criticized by climate scientists for its content, not to mention the funding it received from the American Petroleum Institute. An astrophysicist by training, Soon has also claimed that solar variability—i.e., changes in the amount of radiation coming from the sun—are to likely to blame for warming temperatures.

In 2007, Soon coauthored a paper challenging the claim that climate change harms polar bears. The paper drew plenty of criticism, as it was funded in part by the American Petroleum Institute, The Charles G. Koch Foundation, and ExxonMobil—groups with a clear interest in the debate over whether the bears merited endangered species protections.

Given that Soon had previously disclosed some of his corporate funding, in December 2009 Greenpeace submitted a Freedom of Information Act request to the Smithsonian Institution asking for information about Soon's funders and any conflict of interest forms he may have submitted. In response, Smithsonian produced a list of his major bankrollers, which included more than $800,000 from major energy interests. According to the document, Exxon provided $55,000 for a study on Arctic climate change in 2007 and 2008, and another $76,106 for research into solar variability between 2008 and 2010.

ExxonMobil spokesman Alan Jeffers accused Greenpeace of "peddling this discredited conspiracy theory" about its support for climate deniers. He maintained that the company stopped funding Soon in 2009. "We made a decision to discontinue funding groups whose positions on climate change weren't very constructive. It was distracting," said Jeffers. "The issue of climate change is so important, it shouldn't be distracted by the type of things Greenpeace does," Jeffers said.

Even if Greenpeace and Smithsonian are wrong and ExxonMobil has stopped funding his work, Soon still appears to be getting significant backing from other fossil fuel companies, with the coal giant Southern Company providing $120,000 to look at "solar variability and climate change signals from temperature" in 2008 and 2009, and the Koch Foundation providing Soon another $65,000 last year.

"Dr. Soon needs to make clear what exactly these corporations expected from him," said Kert Davies, research director at Greenpeace. "There's been a long-term campaign of climate denial for over 20 years, organized by big coal and big oil. This is evidence that it continues to this day."

http://motherjones.c...e-change-denier

Since 1998, ExxonMobil has spent a staggering $23 million on this climate disinformation.

http://www.desmogblo...ssed-new-report

http://www.desmogblo...07 Analysis.pdf

http://www.greenpeac.../exxon-secrets/

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"making the earth a common treasury for all, both rich and poor." Gerrard Winstanley; April 20, 1649

#3772 Mr Hand

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Posted 01 April 2012 - 09:50 PM


Drip, Drip, Drip: Yet Another Green Energy Stimulus Recipient Hits the Skids (the third this week!)

by William Yeatman on January 27, 2012

in Blog






Earlier this week, Stimulus beneficiary Evergreen Energy bit the dust. Then, Ener1, a manufacturer of batteries for electric vehicles and recipient of Stimulus largesse, filed for bankruptcy. And today, the Las Vegas Sun reports that Amonix, Inc., a manufacturer of solar panels that received $5.9 million from the Porkulus, will cut two-thirds of its workforce, about 200 employees, only seven months after opening a factory in Nevada.

I foresaw this spate of bad news last November. As I explained yesterday,


In a previous post, I compared renewable energy spending in the 2009 Stimulus to a green albatross burdening the President. I argued that Stimulus spending was inherently wasteful, because politics invariably corrupts government’s investment decisions. The result is taxpayers losses on bankrupt companies that existed only by the grace of political favoritism, a la Solyndra. I predicted the green stimulus would haunt the President, in the form of a slow drip public relations nightmare, as a litany of bad investments go belly-up in the run up to the 2012 elections.

Mr. President, are you still sure you want to “double down” on renewable energy giveaways?
http://www.globalwar...hird-this-week/

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#3773 Mr Hand

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Posted 01 April 2012 - 09:54 PM

More “Green Energy” Boondoggles

What do we taxpayers get for “only” $249 million? A battery company that has to replace the batteries that it has already delivered. A123 Systems of Waltham, MA, received $249 million grant from the Department of Energy (DOE) to build the plant, located in Livonia , MI, as part of a strategy to bring battery manufacturing to the U.S.
http://conservatived...gy-boondoggles/
The grant A123 received is part of a $2.4 billion DOE program, which will be matched by $2.4 billion in private investment, and will go to battery and component suppliers as well as the big US automakers, General Motors, Ford, and Chrysler. The “Big 3″ received over $400 million for manufacturing and to test the performance of electric vehicles, such as the Chevy Volt. Let’s see… Chrysler went bankrupt, killing its electric car and costing us $70 million, and we all know how successful the Chevy Volt is. Can DOE pick ‘em, or what?

A123 Systems will spend $55 million replacing defective batteries it manufactured. The announcement was the latest setback for A123 that reported earlier this month that it lost $85 million in the fourth quarter of 2011, largely because Fisker Automotive had ordered fewer battery packs than previously expected. Fisker is one of A123 Systems’ largest customers. Yes, that is the same Fisker that received a $529 million loan from DOE, only to have it pulled after Fisker has already spent $190 million. And, yes, the cause of a $107,000 Fisker Karma shutting down in Consumer Reports tests is associated with A123′s defective batteries.

The $55 million battery replacement has had an effect on the A123 stock price, trading at $1.27 per share as of March 27, 2012, a new 52 week low. It was trading at over $25 per share as recently as 2009. A123 lost a net $172 million over the first three quarters of 2011 and has yet to see a profit. A Deutsche Bank analyst wrote: “We no longer have enough confidence that (A123) can raise sufficient capital (without massive equity dilution) and/or continue to augment their book to future business. Recent quality issues may lead to concerns over (A123′s) ability to manufacture with quality at high volumes, potentially leading to customer defections or at least difficulty in procuring new contracts.”

Former Michigan Gov. Jennifer Granholm (D) once said A123 was a federal stimulus “success story.” Former House Speaker Nancy Pelosi (D-CA) visited A123 headquarters and hailed it as a “great example of how Recovery Act funding is helping American companies.”

Meanwhile, A123′s Compensation Committee approved a $30,000 raise (from $350,000 to $380,000) for CFO David Prystash just days after Fisker Automotive announced that DOE cut off what was left of its $528.7 million loan it had previously received. Further, Jason Forcier, vice president of the automotive solutions group, was raised from $331,250 to $350,000.

BTW, A123 Systems President and CEO David Vieau has contributed at least $14,900 to Democrat candidates and groups since 2007. And it has spent at least $730,000 lobbying Congress on federal issues pertaining to the batteries they produce.

http://conservatived...gy-boondoggles/

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#3774 davidmalmolevine

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Posted 01 April 2012 - 11:59 PM

What are you complaining about? 249 million in subsidies?

"Drawing on these sources, for instance, a report prepared for the Winnipeg-based International Institute for Sustainable Development showed how extensive are the subsidies to the fossile fuel industry. It found that annual subsidies to the industry amounted to about $14 billion in the U.S., $5.9 billion in Canada and a total of $59 billion in all the industrialized nations that make up the OECD. ... the nuclear industry, recieved $12 billion in annual subsidies in OECD countries. Meanwhile, alternative technologies, including geothermal and biomass energy, and wind and solar power, recieved relatively little government support... Myers and Kent estimate the environmental costs of the fossil fuel sector worldwide at about $200 billion a year and the environmental costs of the road transportation sector to be in the range of $380 billion. ... they do not include the biggest environmental nightmare related to the fossile fuel sector: climate change ... $1 trillion per year and probably much more ... Of course, the U.S. government doesn't acknowledge that oil was a motive for the invasion. Presumably, then, the $100 billion (and rising) spent on the war and occupation should be considered a subsidy for democracy, peace, and freedom in the world."
-Linda McQuaig, "It's the Crude, Dude", 2004, pp. 299-301

I think we get more for the 249 million down the right path than we do from the hundreds of billions - some argue trillions - down the wrong path.

Let's also take a second to examine what the conservative daily news doesn't mention about subsidies to renewables:

The report Outlook On Renewable Energy In America explains that America needs renewable energy, for many reasons:
America needs energy that is secure, reliable, improves public health, protects the environment, addresses climate change, creates jobs, and provides technological leadership. America needs renewable energy. If renewable energy is to be developed to its full potential, America will need coordinated, sustained federal and state policies that expand renewable energy markets; promote and deploy new technology; and provide appropriate opportunities to encourage renewable energy use in all critical energy market sectors: wholesale and distributed electricity generation, thermal energy applications, and transportation.[10]

http://en.wikipedia...._for_renewables

I triple dog dare ya to come up with some report that says we should not be investing in renewables. If such a report even exists, it was paid for by the oil, nuclear, natural gas or coal companies.

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"making the earth a common treasury for all, both rich and poor." Gerrard Winstanley; April 20, 1649

#3775 Mr Hand

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Posted 03 April 2012 - 08:21 PM

Another Obama-Bankrolled Solar Company Goes Bankrupt
April 03, 2012






RUSH: Another solar industry bankrolled by Obama has filed for bankruptcy. This one's Solar Trust of America, LLC. "Solar Trust of America LLC, which holds the development rights for the world's largest solar power project, on Monday filed for bankruptcy protection after its majority owner began insolvency proceedings in Germany." Largest solar power project in the world. "The Oakland-based company has held rights for the 1,000-megawatt Blythe Solar Power Project in the Southern California desert, which last April won $2.1 billion of conditional loan guarantees from the US Department of Energy."



Just one year ago. This was the second largest loan in the Department of Energy's now storied history. Now, the thing about this is, the CEO of this company decided that he couldn't make a go of it because of the flat panel solar industry business and where it was going. There's just no business there. He can't compete. Even after telling the regime that he didn't want the $2.1 billion, they wanted to give it to him anyway. Everywhere you look, every place that Obama has tried to bankroll a so-called green energy outfit, the vast majority of them have descended into bankruptcy and closed up shop. This place, if I'm thinking about the right place, had five employees, Solar Trust of America.

I actually read about this last night. One year ago this outfit got $2.1 billion in taxpayer loans. It was at the time the largest loan in the history of the Department of Energy. It's since been surpassed. But the news media didn't want to distract us from the Trayvon Martin shooting from last month or the Republican war on women from last month, so they didn't talk about this. This story just surfaced. It's not really a new one. But it's a Reuters story that actually got published yesterday.

So down the tubes. Solyndra was solar panels, and now Solar Trust of America has filed bankruptcy. But, remember, now, the way we've been doing our economy since we were founded, that doesn't work. The last three-and-a-half years is what works. This business of fending for yourself, everybody's on your own, that's never worked. This, green energy, solar energy bankruptcies, under Obama, that is what works.

BREAK TRANSCRIPT

RUSH: Solyndra, Abound Solar, Energy Conversion Devices, BrightSource, LSP Energy, Evergreen Solar, Ener1, SunPower, Beacon Power, ECOtality, A123, Uni-Solar, Azure Dynamics, and now Solar Trust. Every one of those bankrolled businesses has gone under -- and oil is the fuel of the past.
http://www.rushlimba...y_goes_bankrupt

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#3776 davidmalmolevine

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Posted 05 April 2012 - 12:52 AM

http://videosift.com...ientists-Gagged

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"making the earth a common treasury for all, both rich and poor." Gerrard Winstanley; April 20, 1649

#3777 Mr Hand

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Posted 14 April 2012 - 11:44 PM

Overseas firms collecting most green energy money

One of the major selling points of President Barack Obama’s $787 billion stimulus plan was that it would put the economy back on track partly by investing in renewable energy industries, like wind and solar.

The president and many other advocates of alternative energy argue that an investment in green energy would lessen the nation’s reliance on foreign oil, cut greenhouse gases, and most importantly, create thousands of new jobs for out-of-work Americans.

But of the $1.05 billion in clean-energy grants handed out by the government since Sept. 1, 84 percent – a total of $849 million – has gone to foreign wind companies. Spanish utility company, Iberdrola S.A., alone has collected $545 million through its American subsidiary.

Even more striking is the fact that there are few restrictions on the how the grants can be used, according to a transcript of a Treasury Department briefing. In fact, more than $800 million has been given to firms for wind farms that were already producing electricity before they received the grants, according to a review of the records by the Investigative Reporting Workshop at American University.

"There are no restrictions on the use of the funds," Dan Tangherlini, an assistant secretary for management at the Department of Treasury, said, during a Sept. 1 conference call to announce the grants.

Could the money be used to pay shareholders?

"You know, that's possible," Tangherlini said, when a reporter asked that question during the call.

Foreign wind companies, however, say that their U.S. subsidiaries are creating jobs.

“This is a company that employs people all over the United States that builds projects all over the United States and is employing American companies to create American jobs,” said Paul Copleman, communications manager for Iberdrola Renewables, the American subsidiary of Iberdrola S.A..

On Oct. 20, Iberdrola Renewables, announced a $247.4 million profit through the first nine months of 2009 and said the company, which employs 800 people in the U.S., understands it will receive at least $30 million more from the U.S. government. The money received from the government will be reinvested in this country, the company’s press release said.

European companies see a 'gold rush'

Money distributed through the stimulus needs to have oversight and accountability to make sure the dollars are actually returned to the American economy in a way that creates American jobs, said Stephen Ellis, vice-president of Taxpayers for Common Sense , a non-partisan budget watchdog group.

“Funds under this program have virtually no strings attached,” he told the Investigative Reporting Workshop. “These stimulus dollars could just pad the bottom line of companies and the majority of the funding is going to the subsidiaries of foreign firms. Simply paying shareholders is not going to bring the multiple benefit bang-for-the-buck that sold the stimulus. And overseas firms raking in precious taxpayer cash is not going to have the big returns domestically that we were promised.”

The reliance on foreign companies for development of wind energy appears to be at least partially tied to the U.S. government’s resistance to subsidize a home-grown wind energy industry until now. With so few U.S. companies in the business, the door was open for foreign companies to walk away with the bulk of the grants. European companies, in particular, are well positioned to collect stimulus benefits for clean energy.


Photo by Joel Page
A crane loads a section of tower for a wind turbine onto a truck in Searsport, Maine. The turbine parts, which were transported this past summer, were bound for the Kirby Mountain Wind Farm in western Maine. The farm is being developed by TransCanada, a utility company based in Calgary, Alberta, in Canada.

“Europe was light years ahead of us, in terms of developing these alternative resources,” said Gregory Jenner, a tax attorney and former acting and deputy assistant secretary of the treasury for tax policy, who co-authored a guide for energy companies hoping to collect stimulus money. “The fact that a lot of the European companies are coming over to the U.S., they just see this as an untapped market. Now that the incentives are starting to work out ... it's going to be just like a gold rush for them.”

While the U.S. has dithered with temporary tax incentives for producers, European governments have awarded permanent tax breaks and large subsidies to wind energy companies and poured vast sums into research and technology.

Even as billions in stimulus dollars for clean energy are starting to flow, Congress is still hammering out an agreement to mandate that up to 20 percent of the nation’s energy come from renewable sources by 2020 (a Senate proposal currently calls for 15 percent.) Denmark, by comparison, has already achieved that goal – and in the process became the most dominant wind turbine manufacturer in the world.

The U.S. currently has the most installed wind power capacity (25,369 MW at the end of 2008, less than 2 percent of the nation’s energy supply, passing Germany with 23,902 MW), but is far from a leader in the manufacturing of turbines and other components worldwide. European turbine-manufacturers have dominated the world market and continue to do so in the U.S. Indian-manufactured turbines are swiftly moving into the U.S. market as well, complementing Japanese manufacturers who have long been here.

A promise of American jobs

Obama has consistently made the creation of green jobs a priority for his administration.

At a gathering of the AFL-CIO on Sept. 15, he pledged to create a “clean energy economy that will free America from the grip of foreign oil and create millions of new green jobs that can't be outsourced.” The president pledged to make ‘made in America’ not just a slogan but “a reality.” (Transcript .)

Obama is well aware of America’s role as an energy innovator slipping while foreign competitors have taken the lead. At a campaign event in Portsmouth, N.H. in October 2007, the president noted that technologies invented in America – like wind turbines, solar panels, and compact fluorescent bulbs – are being developed overseas and sold back to American consumers.

“This will change when I am president,” he said .

The U.S. has supported the wind industry in the past by offering a small tax credit for each kilowatt hour (kw/h) of energy produced. The most recent iteration offers a credit of 2.1 cents per kw/h, which in effect makes generating wind power under optimal conditions competitive with coal and other carbon-based fuel sources.

The tax credit, however, has only been approved for short periods and every time Congress allows it to lapse the industry takes a nose dive. The stimulus package included a long-term extension of the production tax credit – through 2012, but at a tough time. Many wind companies lacked the income that made a tax credit worthwhile, and after last year’s financial collapse, many of the financial firms who traditionally invested in wind projects to collect the tax credit were no longer looking for places to put their money..

The stimulus package does offer more help for domestic production. It will allow wind companies to collect a tax credit on actual investment, not just production. The credit can be taken in the form of a cash grant – up to 30 percent of a facility’s development cost if it is brought online in 2009 or 2010.

"Particularly when you only had the (production tax credit), people used to go through all sorts of gyrations to get investors with tax liability to come in," Jenner said. "But what happened at the end of 2008, as the recession hit in full force -- that pool of capital, those investors just went away, for the most part. So there was a real shortage of tax equity, investors who had tax lliabliity and were willing to invest in these projects.

"And so, what the grant in lieu of the ITC does is it eliminates the need for tax liability," Jenner told the Workshop. "It just gives you cash."

The White House referred inquiries on the program to the Department of Treasury. A spokesperson did not return multiple phone calls and emails on the subject.

Spanish company dominates

Companies began applying for the grants, outlined in Section 1603 of the stimulus bill, at the end of July. The Energy Department and the Treasury Department, who are jointly administering the program, began announcing grant winners on Sept. 1.

In the first round , $502 million was awarded with $499.9 million going to wind developers. Of that, $342.6 million went to two foreign companies – the renewable energy subsidiary of Spanish utility Iberdrola ($294.8 million) and the American subsidiary of Portugese utility EDP Renováveis ($47.7 million). On Aug. 26, six days before the first grants were given, British private equity firm Terra Firma bought Everpower Wind Holdings, one of two American companies that would receive grants on Sept. 1. The newly British-owned company received $42.2 million in cash.

In the second round , announced Sept. 22, an additional $550 million was awarded with $464.2 million dedicated to wind. All of it went to the subsidiaries of foreign companies – Iberdrola ($250.9 million), Japanese utility Eurus Energy's American subsidiary ($91.3 million) and German utility E.on Climate and Renewables ' American subsidiary ($121.9 million).

The government says $3 billion has been set aside for the program, but there is no cap – if it is deemed a success, more money can be allocated.

All told, the 11 wind farms that received grants have the capacity to generate 1.5 gigawatts of electricity – theoretically enough to power roughly 450,000 American homes. As required by the law, all started operating after Jan. 1, 2009 but before the grants were made.

The most important figure, however, may be the number of turbines that were installed by these four companies. According to Iberdrola Renewables, the company only employs 800 people in all of their U.S. operations. It’s the production of turbines that matters most economically. In fact, as much as 70 percent of the economic activity generated by investing in wind comes from the manufacture of the modern, highly sophisticated turbines – but this is where foreign companies actually have their strongest grip on the market.

In the case of these 11 wind farms, according to data provided by the companies themselves in regulatory filings and collected by the American Wind Energy Association, 982 turbines were installed – 695 of them were manufactured by a foreign company.

A study by the Renewable Energy Policy Project , a think-tank that advocates renewable energy technology research, estimates that for every 1,000 megawatts of wind energy that is developed, 4,300 jobs are created: 600 for operation and maintenance of the wind farms; 700 for the installation of new turbines; and 3,000 for manufacturing.

The cash grants were given for the installation of 1,763 megawatts of capacity – 1,566 installed by foreign companies. Using the Renewable Energy Policy Project’s own numbers, as many as 4,500 manufacturing jobs may have been created overseas

Turbine Manufacturing Dominated by Foreign Competitors

http://investigative...n-energy-money/

"making man made global warming a big joke for all, both rich and poor." Gerrard Winstanley; April 20, 1649

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#3778 Mr Hand

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Posted 03 May 2012 - 06:54 AM

Global Warming is not due to human contribution of Carbon Dioxide
Global Warming: The Cold, Hard Facts? Thread started Monday,February 5, 2007
Breaking news, the Earth isn't getting any hotter!

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#3779 Mr Hand

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Posted 04 May 2012 - 06:23 AM

"If I wanted America to fail" www.youtube.com/watch?v=CZ-4gnNz0vc

The environmental agenda has been infected by extremism—it's become an economic suicide pact. And we're here to challenge it. On Earth Day, visit http://freemarketamerica.org/

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#3780 Mr Hand

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Posted 02 July 2012 - 10:53 PM

Global EPA, UN Global Sovereignty Advances At Rio Conference – Dick Morris TV: Lunch Alert! http://www.dickmorri...tv-lunch-alert/

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