Have you been watching the nation’s economy continue to unravel and wondering where all of that stimulus money went? Another $400 million of the $787 billion approved last February in the American Recovery and Reinvestment Act have been accounted for, this time at the federal Energy Department. Why did the Energy Department receive these funds? To support technological research that, in many cases, is so speculative that it apparently cannot attract private venture capital.
A few weeks ago, Energy Secretary Steven Chu surprised a National Public Radio interviewer with an unequivocal endorsement of nuclear power. In answer to a question about his choice of living near a coal-fired or a nuclear-powered plant where electricity is generated, he responded, “If you look at the difference between a coal plant down the river and a nuclear power plant, personally I’d rather be living near a nuclear power plant. There’s less of the pollution we know about that is dangerous. Nuclear power has a record in the United States that is very, very good.”
Two Danish experts in the field of wind energy will be in Washington for the next three days to speak on the subject of wind generated electricity. One would expect they are here to brag on the fact that their country is a leader in the field and that they already satisfy, as President Obama puts it, "20 percent of the electricity through wind power." One would be wrong in such an expectation. They are here to warn us about the dangers of putting our electricity needs in the wind power basket.
With the ink barely dry on the resignation letter of self-proclaimed one-time communist Van Jones as President Obama’s Green Jobs Czar, the USA Today is reporting that one area of the “green economy” that is faltering is its virtual mascot: solar power.