Down Under is Going Under

but America will not. We will not punish business. We will not drive off business. We will not ruin America’s economy in the name of science fiction.

We will not succumb to the sinister desire to manufacture a crisis to gain authority to rob our job creators.

In short, we are not liberals.

http://www.breitbart.com/article.php?id=CNG.449e772b550671c3049e0f8e701d2179.81&show_article=1

“Today is an historic day for economic reform,” he said ahead of the vote.

“No longer will the big polluters be able to pump carbon pollution into the atmosphere for free.”

The law’s approval caps a tumultuous period in Australian politics, largely centred on what the vast nation — one of the world’s worst per capita polluters — should do about carbon emissions linked to global warming.

 


Better Late Than Never

So, it seems there are still scientists who refuse to acknowledge that they were duped by socialist special interest groups into believing the biggest scientific hoax since evolution.

Oh, well, better late than never.

http://www.express.co.uk/features/view/280948/Is-global-warming-over-

Indeed she says this global warming standstill since the end of the Nineties – which has been completely unexpected – has wide-reaching consequences for the causes of climate change and has already led many climate scientists to start looking at alternative factors that may have contributed to global warming,other than carbon gas emissions. In particular she has mentioned the influence of clouds, natural temperature cycles and solar radiation.

 


Your Money, Finland’s Workers

This is indefensible. We’re chasing so hard after the myth of renewable, clean energy, that we’re willing to give half a billion dollars of your money to a company making cars in Finland.

Your Money. Finland. Worse, check out the rationale: “With the approval of the Obama administration, an electric car company that received a $529 million federal government loan guarantee is assembling its first line of cars in Finland, saying it could not find a facility in the United States capable of doing the work.”

Your government is giving your money to a company that says you aren’t capable of doing the work.

American innovation and creativity is second to none. My administration would never even consider giving your money to a company that did not intend to use your money to employ and enrich you.

This is an outrage!

http://abcnews.go.com/Blotter/car-company-us-loan-builds-cars-finland/story?id=14770875

Vice President Joseph Biden heralded the Energy Department’s $529 million loan to the start-up electric car company called Fisker as a bright new path to thousands of American manufacturing jobs. But two years after the loan was announced, the job of assembling the flashy electric Fisker Karma sports car has been outsourced to Finland.


Drill, Baby, Drill!

We’re seeing more and more examples that demonstrate with stunning clarity just how huge a scam electric cars are. Will we one day have the technology to provide electric cars that perform as well as our current fleet? Probably. But we don’t yet.

It is grossly irresponsible to sink taxpayer money into a science fiction myth. My administration will not offer another dime where private venture capitalists will not. We won’t put you in a position to take all the risk and reap none of the rewards.

http://www.forbes.com/sites/warrenmeyer/2011/10/20/update-fisker-karma-electric-car-gets-worse-mileage-than-an-suv/

The Fisker Karma electric car, developed mainly with your tax money so that a bunch of rich VC’s wouldn’t have to risk any real money, has rolled out with an nominal EPA MPGe of 52.

Not bad?  Unfortunately, it’s a sham.  This figure is calculated using the grossly flawed EPA process that substantially underestimates the amount of fossil fuels required to power the electric car, as I showed in great depth in an earlier Forbes.com article.  In short, the EPA methodology leaves out, among other things, the conversion efficiency in generating the electricity from fossil fuels in the first place.

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As I calculated in my earlier Forbes article, one needs to multiply the EPA MPGe by .365 to get a number that truly compares fossil fuel use of an electric car with a traditional gasoline engine car on an apples to apples basis.  In the case of the Fisker Karma, we get a true MPGe of 19.  This makes it worse than even the city rating of a Ford Explorer SUV.