Archive for June 5th, 2009

If you pay a lot for power…

June 5, 2009

… then you probably don’t rely on coal.

The St. Louis Post-Dispatch reported on June 2 that,

If you were paying a lot for power in 2008 and you were not from Hawaii, you were probably living in the Northeast or California. All of the remaining utilities with the 10 highest power prices in 2008 were located in California, New York, New Jersey, Connecticut and Massachusetts…

The cheapest power prices in the United States in 2008 were again found in the Midwest and Southeast, where utilities with ample coal-fired generation supply were able to offer customers prices frequently less than 6 cents or 7 cents per kWh on average across customer classes.

The anti-coal nature of cap-and-trade will ensure that all of us pay a lot for power and everything else that is produced by means of electricity — i.e., all goods and services.


Obamanomics: Green jobs = Pay cuts

June 5, 2009

The Left still lambasts the trickle-down theory behind Reaganomics. Meanwhile, the green jobs theory behind Obamanomics is turning out to be more akin to a nose-dive for worker wages.

The hype

In campaign literature abotu creating 5 million “green jobs,” then candidate Obama said,

The Obama plan will increase funding for federal workforce training programs and direct these programs to incorporate green technologies training, such as advanced manufacturing and weatherization training, into their efforts to help Americans find and retain stable, high-paying jobs. [Emphasis added]

in its article about a March 26 White House “townhall meeting”, the Associated Press reported that,

Obama said job creation in America is difficult in a time of economic hardship and that the work of the future should be in more high-paying, high-skill areas like clean energy technology. [Emphasis added]

The reality

But CNNMoney reports:

Massive investment in renewable energy could ultimately create 4 million manufacturing jobs. But for the workers in the bottom rung of this movement, the shift to green jobs could very well mean a pay cut of nearly 60%, a trend spreading across the entire manufacturing sector.

Many of the entry-level jobs making green energy components start at $12 an hour, much less than the now extinct $28 an hour job that had allowed high school-educated workers in the auto sector to achieve middle class status.

“Particularly at the lower end, these are not very good jobs,” said Philip Mattera, research director at Good Jobs First, a labor-friendly research group, also acknowledging that the renewable energy sector paid wages that were “all over the map”… [read more]

Obama buddy Al Gore will possibly make more than a billion dollars from his “green job” — that is, investing in, and lobbying for cap-and-trade — but not everyone will be so fortunate.

Why we need a National Climate Service

June 5, 2009

The House Committee on Science and Technology yesterday passed a bill to establish a National Climate Service within the National Oceanic and Atmospheric Administration (NOAA).

In supporting the establishment of a National Climate Service, Rep. Brian Baird (D-WA) said,

“In a climate that is changing, it is imperative that we have reliable information to help us adapt and respond to these changes.”

I must, albeit reluctantly, agree. Just look at what happens when there’s no government agency around to tell people that beach season is over.

Obama: No global climate deal without China

June 5, 2009

Carbon Control News reports State department climate envoy Todd Stern said in a June 3 speech that,

“Certainly no [global climate] deal will be possible if we don’t find a way forward with China.”

So what does this mean given that China has repeatedly vowed to never reduce its greenhouse gas emissions out of concern for its economic growth, believes that climate change is the fault of the West, and has demanded that the West give developing nations (including China) up to 1 percent of annual GDP supposedly to “assist climate adaptation and mitigation efforts”?

Does it mean that President Obama is looking for a way out of shackling the U.S. economy to the Son of the Kyoto Protocol which will be negotiated in Copenhagen this December?

Or is President Obama preparing us for his surrender of our money to Chinese extortion?

Stay tuned…

Greens commemorate nuke plant shutdown

June 5, 2009

Tom Hayden, Chicago Seven radical and former Mr. Jane Fonda, will help Physicians for Social Responsibility (PSR) celebrate the 20th anniversary of

… Sacramento voters going to the polls to shut down Rancho Seco, a nuclear power plant operated by the Sacramento Municipal Utility District (SMUD) about 25 miles southeast of the city. It was the first and only time voters shut down a nuclear power plant – but it has been called the “shot heard round the world” since it echoes to this day.

Yes, that would be the greens celebrating the shutdown of a power plant that emitted no carbon dioxide…

And speaking of “social responsibility”, Reuters reported today that Russian Prime Minister and former KGB officer Vladimir Putin — that’s right, Mr. Human Rights himself — upbraided a Russian businessman for being “greedy” and asked him,

“Where is the social responsibility of business?”

Perhaps a future Russian chapter of PSR could be called Physicians for Putinism?