You're watching...
ClimateDepot.com’s Marc Morano argues there is a double-standard because the White House is continuing to push green energy loans despite the growin...
Also in this playlist...
Auto-advance: ON
Auto-advance
This transcript is automatically generated
On the advice of my attorney.
-- invoked the privilege reported by the Fifth Amendment.
Of the constitution I respectfully decline respectfully decline respectfully decline to answer the question respectfully decline to answer any questions.
Part -- executives as expected all -- -- -- today the administration pleads from forecasts for Green loans to bankrupt some of governor refusing to answer questions about.
That 535 million dollar government loan and now the Energy Department rushing to push out more -- them before the program expires in the next week.
Add to the BP -- still remember that Washington stop drilling immediately my next guest says that's double standard.
Because it moved quickly there in no -- stop these Green -- now.
Mark -- I was publisher of climate -- dot com market is not that's the G it is odd.
It's very odd when the we had the the gulf oil spill we immediately had a moratorium on offshore drilling.
The moratorium extended even when they lifted the moratorium the Obama administration's department of interior wouldn't allow any drilling.
It got so bad that they federal judge in Louisiana held the Interior Department in contempt of court.
In contempt for not allowing the drilling.
Right now we have the state of Alaska suing the Obama administration because they can't it's drill offshore and Alaska.
They were demonized.
And they were literally shut down -- -- -- a 13% drop shortly after that and production.
And all our offshore drilling.
And and -- you flip that around and look at what's going on now.
After the Green energy debacle we now have they are being defeated in rewarded nine billion dollars more.
That's got to be more quite gotten it just being rushed out the door when -- only doing everything I don't care where folks stand on whether.
It was justified it's -- virtually.
Holds all oil production in the gulf -- -- to the DP's spill maybe the better part of dollar was slowdown -- the deep water wells that are.
But I mean what's good for the -- to be good for the gander it -- at the same issue here.
A big monetary -- a big financial.
Explosion.
Then by all means applied the same standards.
Wait.
Check yet out in the -- Yeah and right now they're about to put out nine billion dollars more and a fourteen more companies.
And this is you know -- know they keep talking about the Green energy sector solar power which is what we're talking about is less than 1%.
Of our electricity.
And yet this is being defeated like no other.
Power source we've ever done.
You like to talk about those subsidies or tax breaks for the carbon based energy the money pouring in to these Green energy and what estimates Alice five million dollars a job.
Created by -- government stimulus loans.
At the same time we're shutting down energy that we know works.
You have President Obama -- shutting down offshore oil drilling at the same time calling for energy independence and say nothing about GA which is getting.
Well Sodom and a lot of financiers going to do one day on ones I got to do -- have you got -- -- -- yes but what you raise good points Lamar Ronald.
Could see it.
