Text 7158, 135 rader
Skriven 2008-08-15 06:01:00 av TIM RICHARDSON (1:123/140)
     Kommentar till en text av ROSS SAUER
Ärende: Edwards
===============
On 08-15-08, ROSS SAUER said to TIM RICHARDSON:


TR> And so.......*you* are deeply concerned about `family values'?


RS>No. Hypocrisy.


Oh..........uh....speaking of `hypocrisy':



Wednesday, August 13, 2008


Pelosi and the Big Wind Boone-doggle


by Michelle Malkin


House Speaker Nancy Pelosi recently called congressional Republicans who
want up-or-down drilling votes "hand maidens of the oil companies."


Let's call Pelosi what she is: House girl of the Big Wind boondogglers.


Though she seemingly backtracked on labeling drilling a "hoax" this
week, Pelosi refuses to consider GOP energy proposals that don't include
massive government subsidies for so-called eco-alternatives that have never
panned out.


Which brings us to Madame Speaker's 2007 financial disclosure form.


Schedule III lists "Assets and 'Unearned Income'" of between
$100,001-$250,000 from Clean Energy Fuels Corp. -- Public Common Stock.
Clean Energy Fuels Corp. (CLNE) is a natural gas provider founded by T.
Boone Pickens. Yep, that T. Boone Pickens -- former oilman turned
wind-power evangelist whose ads touting a national wind campaign are now
as ubiquitous as Viagra promos.


Pickens and Pelosi share the same talking points downplaying the need to
drill and open up more access to American oil. Instead, the Pickens
pie-in-the-sky plan proposes to replace natural gas with wind power in
power generation and theoretically free up natural gas for America's
transportation needs.


All well and good in la-la land, but let's be real about the limitations
and costs of wind power. Past and ongoing experience demonstrates the
unreliability of wind and the miserably low operating capacity of wind
power facilities here and around the world. Depending on wind requires
supplemental fossil fuel plants as backup to be turned on and off to
compensate for wind power supply shortfalls -- nullifying any reductions
in carbon dioxide emissions, which are miniscule, according to the
National Academy of Sciences.


Not to mention the thousands of sliced-up birds and other wildlife that
have become wind power casualties -- a problem scientists say would be
solved by "repowering" old turbines at a cost of untold billions.


Fittingly, the environmental mascot of the Democratic National
Convention -- the showcase of their alternative energy approach -- is an
eastern Colorado wind turbine propped up with Democratic carbon-credit funds
that has never produced any substantial energy because of its chronic
equipment malfunctions.


But I digress.


Naturally, the Pickens Big Wind plan is proudly endorsed by Do-Nothing
Pelosi's friends at the obstructionist Sierra Club. Through another
company, Mesa Power, Pickens has committed upward of $12 billion in wind
farms on the Texas panhandle. CLNE and Mesa Power are separate entities,
but what benefits one piece of the Pickens puzzle benefits them all. The
wind venture, as Pickens himself acknowledges, depends on permanent
federal subsidies.


Pickens is banking on 'em. And Pelosi is banking on him.


As reported on dontgomovement.com, Speaker Pelosi bought between $50,000
and $100,000 worth of stock in Pickens' CLNE Corp. in May 2007 on the
day of the initial public offering:


"She, and other investors, stand to gain a substantial return on their
investment if gasoline prices stay high, and municipal, state and even
the Federal governments start using natural gas as their primary fuel
source.


If gasoline prices fall? Alternative fuels and the cost to convert
fleets over to them become less and less attractive."


CLNE also happens to be the sponsor of Proposition 10, a ballot
initiative in Pelosi's home state of California to dole out a combined $10
billion in state and federal funds for renewable energy incentives -- namely,
natural gas and wind.


Follow the money. Or, to put it in economist's terms as energy analyst
Kenneth Medlock III did in an interview with The Dallas Morning News
about the Pickens multibillion dollar wind farm investment: "A lot of what
he's trying to do is add value to a stranded asset he's obviously got
millions of dollars on the line."


And so, potentially, does the Democratic Speaker of the House -- all the
while wagging her finger at the financial motivation of others.


About The Author



Michelle Malkin makes news and waves with a unique combination of
investigative journalism and incisive commentary. She is the author of
Unhinged: Exposing Liberals Gone Wild.



---
*Durango b301 #PE* 
 * Origin: Doc's Place BBS Fido Since 1991 docsplace.tzo.com (1:123/140)