Obama last week announced a $2b federal investment in clean energy technologies to replace gasoline. I suppose he hoped the money would mollify buy environmentalist critics and convince them not to make a fuss when he inevitably decides to approve Keystone XL.
“Sure, the Canadians can harvest all the tar sands, but at least no one will be buying it because we all drive electric cars now,” concluded no pessimist realist environmentalist ever.
Now, $2 billion is a lot of money. Shouldn’t that kind of investment make the environmental community happy? Can anything make an environmentalist happy? Isn’t all this sour grapes just a little bit overboard?
Well, no. For one thing, $2b is not a lot of money — especially when it’s spread out over ten years. Compare that to the $800b bailout. Or more pertinently, compare that to $50b in “green spending” from the stimulus. Or the original $150b Obama promised for this kind of research. Or even more pertinently, the $133.8 billion to $280.8 billion annually from all sources of taxpayer aid that goes to the oil and gas industry. [OK, that last number’s probably a little too high — but it’s all going to what basically amounts to a poor investment.]
I could go on, but you get the idea: this is 2013. I don’t need to explain that $2b is chump change. With that money, Obama could have bought the Los Angeles Dodgers.
So because Obama failed to adequately provide adequate fuels, it was only appropriate when adequate fuels failed to provide for him. The first headline I spotted Wednesday morning when I woke up (hours after Obama had landed in Israel): Backup presidential limo on its way for Obama in Israel after fuel filling failure.
What exactly happened?
One of the limousines in Barack Obama’s fleet has broken after reports that it was mistakenly filled with the wrong fuel at the start of the US president’s visit to Israel.
Another limo is on its way from Jordan, according to Ma’an News agency, citing Israel’s Channel 10, reportedly after a mixup over whether the vehicle ran on diesel or gasoline.
A fossil fuel mixup? Only possible if you use fossil fuels. Don’t you wish you had an electric car, Mr. President? I have a few suggestions to help make that a reality.