by William Teach | March 15, 2013 8:56 am
Once again he’s on the campaign trail for his “green energy” meme
(Washington Post) The pitch President Obama will make as he visits the Energy Department’s Argonne National Laboratory outside Chicago Friday involves a bit of policy jujutsu: let’s take the money we make by producing oil to stop using it altogether.
Sequester? What Sequester? It costs $180k an hour to run Air Force One. The six hour round trip flight (to make a quick speech, shake a few hands, ask for some campaign donations, and then boogie back to D.C.) will cost over a million dollars, which could fund White House tours for 15 weeks. He couldn’t make the announcement on the grounds of the White House?
Obama will call for the establishment of the Energy Security Trust, a $2 billion fund over 10 years that takes some of the federal royalties the government receives from offshore oil and gas leasing to invest in research that will shift the country’s transportation sector away from using oil.
The White House selected Argonne because the lab did some of the breakthrough research into advanced battery technology back in the 1990s, before there was a commercial market for such things. Establishing a fund that will not be subject to the uncertainties of the annual appropriations cycle, said a White House aide who asked not to be identified in advance of the president’s appearance, will provide “a reliable stream of funding for critical breakthrough research” in the transportation sector.
In other words, a way to hook up Democrat donors with federal tax money not subject to the annual appropriations cycle, just like with 80% of the allocated Stimulus funds.
The goal, the aide continued, is to “ultimately get our cars and trucks off of oil.”
Yet, Obama will take yet another unnecessary fossil fueled flight, first on Marine One to Andrews, then on Air Force 1, followed by a trip in a fossil fueled limo surrounded by lots of fossil fueled SUVs, make a speech, followed by fossil fueled cars and trucks, then fossil fueled plane trip and helicopter trip. It’s good to be the king.
Crossed at Pirate’s Cove. Follow me on Twitter @WilliamTeach.
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