Sunday, March 5, 2017

Obama Offers Phony Solution to Phony ‘Climate Change’



Obama Offers Phony Solution to Phony ‘Climate Change’
by Steve Milloy 30 Nov 2015
President Obama’s new solution to the alleged catastrophic global warming problem is a phony as the “problem” itself.

Obama announced the U.S. Government would participate with a group of billionaires in a public-private partnership called the Breakthrough Energy Coalition. The ostensible purpose of the Coalition is speed up development of “clean” and “renewable” energy via a doubling of investment into research.

But first, there is the little matter of this thing called Congress. Government spending must be initiated and approved by Congress. There is no indication that the GOP-controlled Congress is in any mood to help Obama, especially on climate, or to spend even more taxpayer money chasing CO2-free energy fantasies.

Next, there is the little matter of reality. U.S. taxpayers have already spent about $200 billion over the last 20 or so years chasing the CO2-free energy fantasy. The only result has been the stark realization that, with the exception of hydropower, CO2-free energies simply cannot compete on an affordable and reliable basis with coal, oil and natural gas. “Renewable” energy is only as renewable as the government mandates and heavy taxpayer subsidies on which they rely.

Finally, there is the roster of scoundrels participating in the Coalition.

Not only is George Soros a major funder of radical left wing political causes, including global warming hysteria, he has cynically started investing in coal companies, as reported last summer in this column. Needless to say, coal is hardly a “breakthrough” form of energy.

Tom Steyer is not only a major Democrat donor, but a major funder of global warming hysteria. Steyer infamously committed to spending $100 million to campaign against Republicans on climate during the 2014 elections. I’m sure the GOP-controlled Congress will be very happy to provide taxpayer dollars so that the billionaire Steyer can make even more money. Let’s also keep in mind that the hypocrite Steyer made a lot of his fortune investing in Indonesian coal projects.

Less well known, but no less a scoundrel, is Silicon Valley venture capitalist Vinod Khosla, a key player in the cellulosic ethanol taxpayer disaster. As exposed by the Wall Street Journal, Khosla backed ventures vacuumed up $160 million in taxpayer subsides, which along with a like sum from private sources, produced a pathetic 4 million gallons of cellulosic ethanol – a fuel already being produced via mandates and subsidies to corn farmers.

The Breakthrough Energy Coalition also includes John Doerr (Al Gore’s investment partner in the venture capital firm Kleiner, Perkins Caufield and Byers), Richard Branson (billionaire green hypocrite and owner of CO2 spewing Virgin Airways), the government of Saudi Arabia (national wealth depends on oil and gas), Mark Zuckerberg (founder of Facebook, enough said), and Bill Gates (whose once brilliant business acumen expired long ago and has been replaced with the naïve and egoistic belief that simply throwing Gates Foundation money at problems is always the solution).

The Breakthrough Energy Coalition exercise is silly. If utility scale CO2-free energy is desired, we already have nuclear power. But not only do environmentalists oppose nuclear power, President Obama himself made sure nuclear power would have no future in the U.S. when he killed development of the spent fuel storage facility at Yucca Mountain in 2009. And for the foreseeable future, nuclear fission remains a pipe dream.

Meanwhile, real energy needs across the world are being met by the old technology of coal. More than 1,000 new coal plants are on the drawing boards in Asia. As coal is cheap and readily available, those plants will go up and will operate for a long time. New and practically never-ending supplies of oil and natural gas have also been made available by hydrofracturing and other new technologies.

While it’s always possible that some other magical energy source will be discovered, it’s difficult to believe that the dubious Breakthrough Energy coalition would discover it. Indeed, the Coalition will be lucky itself to get off the ground. At best, the Coalition may only most likely serve as a vehicle for crony capitalism, the left-wing political agenda, and feel-good public relations.

Breakthrough Energy Coalition
William H. Gates III is a member of the Breakthrough Energy Coalition, and a co-chair for the Bill & Melinda Gates Foundation.

Note: Bill & Melinda Gates Foundation was a funder for the Bill, Hillary & Chelsea Clinton Foundation, the Center for American Progress, the Aspen Institute (think tank), and the Brookings Institution (think tank).
Richard Branson is a member of the Breakthrough Energy Coalition, and the founder of the Virgin Group.
Virgin Group was a funder for the Bill, Hillary & Chelsea Clinton Foundation.
Open Society Foundations was a funder for the Bill, Hillary & Chelsea Clinton Foundation, the Center for American Progress, and the Carnegie Endowment for International Peace (think tank).
George Soros is the founder & chairman for the Open Society Foundations, a member of the Breakthrough Energy Coalition, was the chairman for the Foundation to Promote Open Society, and a supporter for the Center for American Progress.
Foundation to Promote Open Society was a funder for the Center for American Progress, the Aspen Institute (think tank), the Climate Reality Project, the Brookings Institution (think tank), and the Carnegie Endowment for International Peace (think tank).
Thomas F. Steyer was a funder for the Bill, Hillary & Chelsea Clinton Foundation, is a director at the Center for American Progress, and a member of the Breakthrough Energy Coalition.
L. John Doerr was a funder for the Bill, Hillary & Chelsea Clinton Foundation, is a member of the Breakthrough Energy Coalition, a trustee at the Aspen Institute (think tank), and a general partner at Kleiner Perkins Caufield & Byers.
Reid Hoffman is a member of the Breakthrough Energy Coalition, and was a fellow at the Aspen Institute (think tank).
Albert A. Gore Jr. is a partner at Kleiner Perkins Caufield & Byers, the chairman for the Climate Reality Project, and was a donor for The Climate Project.
The Climate Project was a merged organization with the Climate Reality Project.
Kleiner Perkins Caufield & Byers was a donor for The Climate Project.
Vinod Khosla is a partner emeritus at the Kleiner Perkins Caufield & Byers, and a member of the Breakthrough Energy Coalition.
Priscilla Chan is a member of the Breakthrough Energy Coalition, and married to Mark Zuckerberg.
Mark Zuckerberg is married to Priscilla Chan, a co-founder & chairman & CEO for Facebook, a member of the Breakthrough Energy Coalition, was a donor for the Silicon Valley Community Foundation, and the 2010 person of the year for Time magazine.
Silicon Valley Community Foundation was a funder for the Bill, Hillary & Chelsea Clinton Foundation.
Strobe Talbott was an editor for Time magazine, and is the president of the Brookings Institution (think tank).
Richard C. Blum is an honorary trustee at the Brookings Institution (think tank), married to Senator Dianne Feinstein, a regent at the University of California, and was a funder for the Bill, Hillary & Chelsea Clinton Foundation.
University of California in a member of the Breakthrough Energy Coalition.
Virgin Group was a funder for the Bill, Hillary & Chelsea Clinton Foundation.
Richard Branson is the founder of the Virgin Group, and a member of the Breakthrough Energy Coalition.
William H. Gates III is a member of the Breakthrough Energy Coalition, and a co-chair for the Bill & Melinda Gates Foundation.
Bill & Melinda Gates Foundation was a funder for the Brookings Institution (think tank), the Bill, Hillary & Chelsea Clinton Foundation, the Center for American Progress, and the Aspen Institute (think tank).
Michael R. Bloomberg was a donor for the Bill & Melinda Gates Foundation, is the founder of the Bloomberg Family Foundation, and a co-chair for the Risky Business Project.
Bloomberg Family Foundation was a donor for the Bill & Melinda Gates Foundation, and a funder for the Aspen Institute (think tank).
Thomas F. Steyer is a co-chair for the Risky Business Project, a director at the Center for American Progress, a member of the Breakthrough Energy Coalition, and was a funder for the Bill, Hillary & Chelsea Clinton Foundation. 
Alwaleed bin Talal is a member of the Breakthrough Energy Coalition, and a Saudi Arabia prince.
Ratan N. Tata is a member of the Breakthrough Energy Coalition, and a trustee at the Carnegie Endowment for International Peace (think tank).
Jessica Tuchman Mathews was the president of the Carnegie Endowment for International Peace (think tank), a director at the American Friends of Bilderberg (think tank), an honorary trustee at the Brookings Institution (think tank), and a 2008 Bilderberg conference participant (think tank).
Ed Griffin’s interview with Norman Dodd in 1982
(The investigation into the Carnegie Endowment for International Peace uncovered the plans for population control by involving the United States in war)
Richard C. Blum is an honorary trustee at the Brookings Institution (think tank), married to Senator Dianne Feinstein, a regent at the University of California, and was a funder for the Bill, Hillary & Chelsea Clinton Foundation.
University of California in a member of the Breakthrough Energy Coalition.
Strobe Talbott is the president of the Brookings Institution (think tank), and was an editor for Time magazine.
Mark Zuckerberg was the 2010 person of the year for Time magazine, a donor for the Silicon Valley Community Foundation, is married to Priscilla Chan, a co-founder & chairman & CEO for Facebook, and a member of the Breakthrough Energy Coalition.
Priscilla Chan is married to Mark Zuckerberg, and a member of the Breakthrough Energy Coalition.

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