Business

Obama’s green initiatives lobbied for by the same people who profit from them

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Amanda Carey
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Kish continued by explaining how this is the “Tanya Harding approach to energy.”

“The president wants to make green energy be profitable,” he said. “The only way to do that is break the leg of other types.”

But that will only create a “green-energy bubble,” said Kish. “When the government money dries up, the product will dry up.” In the meantime, he added, the government subsidies will cause the price of electricity to skyrocket.

“Every recession has been preceded by a spike in energy costs,” he said.

But examples of stimulus money being directed to companies that will ultimately effect KPCB’s bottom line doesn’t end with electric car companies or battery plants. Other KPCB companies that can be added to the list are AltaRock Energy, which received $25 million in grant money; Bloom Energy, which reportedly received $5 million to develop its “Bloom Box” in addition to a government contract to order the box; and MiaSole, Thin-Film Solar, which received more than $100 million in tax credits.

But none of those benefits would be possible for these so-called “green” companies if it weren’t for the prime individual movers in the green movement. People like KPCB partners Al Gore, Ellen Pao (who also sits on the board of the left-leaning “green” think tank Apollo Alliance), Ray Lane, and KCPB “in-house advisor” Colin Powell, to name a few, consistently lobby the Obama administration to end the use of fossil fuels, pass carbon taxes, and provide government support to things like wind turbines and electric cars.

What is never mentioned is that once these policies are passed, their supporters often personally profit.

“To be sure it is as crony as any other form of faux-capitalism, but the nuance is important,” said Horner. “It isn’t so much ‘I’ll underwrite your campaign if you’ll underwrite my investments.’ It’s ‘I’ll underwrite your campaign because I know you’ll underwrite my investments.’ They are co-dependent, and loving it.”

As a result, the government is using taxpayer money to invest in “green” initiatives – a victory for KPCB-types and environmental groups.

“The left has won the policy battle through the corporate door,” said Borelli. He also said it is an example of how the left can be just as much in bed with “Big Business” as the right can.

“If you get corporations to lobby, you win. End of story,” he said. “The strategy of the left here is brilliant. They have turned an adversary into a lobbyist…They lobby for huge budgets, then feed off them like parasites.”

When asked about the criteria used to pick companies to award government grants to, a spokesperson for the DOE referred TheDC to the American Reinvestment and Recovery Act page on the DOE’s website.

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  • aposematic

    Concentrating power through redistribution of wealth…the Marxist’s self righteous fantasy dream of destroying everything true and moral through the promotion of a despotic and insane pet ideology!

  • http://to-god-and-country.blogspot.com flataffect

    The big difference is that national defense is in the Constitution. I can see some basis in the preamble for some environmental regulation, but not for subsidizing “renewable energy” which sounds suspiciously like perpetual motion. The phrase is misleading, since energy, once used, is not renewed. It may be replaced, but one expended, it’s converted to work or wasted. I don’t think it should be the government’s business to attempt to reverse the Second Law of Thermodynamics.

  • sandra3dee

    Sounds like he took a page out of GE’s book.

  • chuckbareass

    It is so frustrating that companies are getting financial incentives to decrease our dependence on foreign oil. I wish we could go back to the old days where farming, banking and oil were the only industries receiving massive tax breaks, subsidies and handouts. Ergh, damn Obama and his attempts to clean up the environment and wean us from the Saudi tit.

    • jdkchem

      You’re an idiot. You’re more than willing to trade foreign oil for foreign lithium. The top importer of crude oil to the US is Canada and morons like you have no problem with sending 2 billion dollars to Petrobras in order to line the pockets of George Soros. Furthermore you have no problem with destroying the environment in another part of the world as long as you do not have to see or hear about it. So much for your typical ignorant libturd comment.

      • chuckbareass

        Ergh, libtards and their dependence on foreign lithium! Ergh, I’m so angry about foreign lithium and the 3 trillion dollars it has cost in attempting to oust Saddam Hussein so we can get cheaper access to lithium! Why did the libtards make such a terrible investment with the 3 trillion we borrowed against our children’s future! Ergh libtards and their lithium!

        • recovered dem

          The one thing I totally agree with you on is: Damn Obama!

    • aposematic

      Ignorance is bliss! Green energy will result in more dependence on foreign sources of energy, not less. The present plans for green will not supply 20% of America’s energy needs in the next 50 years and beyond. Without more domestic sources of energy (real fossil fuel, not green fake energy); just where do you think that energy will come from: Santa Clause, the tooth fairy, or foreign sources. Get your head out of the Liberal elites backsides, and your own.

      • recovered dem

        Yes, you are right on! Just look at Obama’s electric car! It’s electric batteries are good for 40 miles. In other words, they will get you to a gas station if you run out of gas.

  • truebearing

    Green initiatives my ass. Green is the new RED. Red as in Communist/Marxist.

    The Marxists hijacked the Green Movement in Europe, and then here. The original founders of the Sierra Club left it, complaining it had been hijacked by radical leftists, and that is the story with every environmental organisation in this country, and probably on earth.

    The left is using the environment to create a fulcrum of fear and guilt from which they can leverage themselves into totalitarian power, and for those suffering from terminal naivete, that is the ONLY kind of power leftists want. They don’t share well (kind of like Muslims).

    Global Warming is a classic example of the environmental fulcrum being used to leverage fear in the world. The left’s favorite tactic is demagoging issues that create fear because a fearful populace is vulnerable to deception and ultimately total control.

    Welcome to Obama’s Grave New World.