For all its posturing about cutting spending, the Obama administration seems to have little difficulty finding cash to reward its friends in the environmental movement. Solar energy, despite its limited usefulness, has been subsidized with hundreds of millions of dollars of federal grants and loans, including some to companies in India. Similarly, reports CNSNews.com, the administration has handed out $112 million over the past two years to protect the Sage Grouse, yet the bird itself exists in such numbers that the Department of the Interior has refused to list it as either threatened or endangered under the Endangered Species Act.
There is no resolution yet on a proposed $7 billion Canadian-U.S. oil pipeline, as President Obama has continued to delay his decision on whether to approve it. Before the construction and operation of TransCanada's Keystone XL pipeline expansion can progress, the President, through the U.S. State Department’s permitting process, must grant final approval — an approval which has been in political limbo for the past three years.
In recent years, former Vice President Al Gore has been the object of a great deal of humor — and ire — for his extremist views and hypocritical actions when it comes to the environment. But a bizarre rant from the man who was once heartbeats away from becoming President of these United States calls forth a term which Americans want nowhere near the Oval Office: unhinged.
Environmental contention stirs as discussions cultivate over the long-delayed 1,700-mile Keystone XL pipeline, which would transport Canadian crude oil from the Athabasca Oil Sands in northeastern Alberta, Canada, to southern parts of the United States. Due to environmental concerns, lawsuits from oil refineries, and opposition in the U.S. Congress, the project has been on hiatus, as it lingers in the State Department’s permitting process, awaiting President Obama’s approval.
As GM share prices plunge so do Chevy Volt sales, according to the latest auto sales figures. Throughout July, a whopping 125 Chevy Volts were sold, making the seemingly low 281 units sold in February a groundbreaking month.