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Manhattan Institute Senior Fellow Robert Bryce on the Administration’s plans for further spending on green energy.
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Thanks thank you.
Okay same topic meanwhile the Obama administration announcing today it will speed up seven renewable energy projects in four western states Arizona California Nevada and Wyoming.
And it's off part of the president's we can't wait initiative.
But with a slew of recent bankrupt solar companies may do we can't wait Robert -- is a senior fellow at the Manhattan institute's center for energy policy and the environment.
Why are we just got a big description of what's Ron -- -- for refining capacity in this country and how -- or regulations are holding it back it seems to -- the Obama administration only cares about these green technologies.
And there claiming that the seven projects their after today.
Are gonna make a very big difference add to the six -- of renewable energy in this country what do you say.
Well let Jerry this is not surprising and anyway the president's running for reelection he's playing to the green left when it comes to the renewable energy.
Business but but the part that sticks in my -- areas when you read the white house press release it quotes secretary Salazar he says that.
These projects -- -- have the great potential to grow our nation's energy independence.
Drive job creation empower economies across the west.
This is pure unadulterated.
-- grow -- independent not true -- it's just it's just silly season -- grow our energy independence.
Wind and solar don't have anything to do with our oil consumption which is always the focus of -- discussion of energy independence.
-- to trot out this phrase it's the most hackneyed phrase and modern American politics.
It just means nothing -- and in our Britain whole book on this issue strike I I get kind of touchy about Jerry.
Well I don't -- you and and you actually make a great point.
About the summer take a look at some of these companies that daddy administration's talking about or or perhaps we should just broaden the view here a little bit.
8123 assistance.
These -- -- -- companies that have cost altogether taxpayers a hundred billion dollars.
Abound solar beacon power I mean -- Lucent amber green Fiske Ers the Lynn draft.
I think the trap -- here abysmal.
Well it is abysmal and what I did when I started looking at think that the at that projects that the government says it's now going to expedite.
Want to miss the choke Jerry wind project in Wyoming it's about 3000 megawatts it covers.
358.
Square mile -- -- just did a little comparison on scale Jerry you know the Obama administration is also.
Trying to shut down the domestic coal fired generation fleet at that EPA has proposed a rule that would prohibit.
Construction of new coal fired generation so I just did a quick calculation if -- use the power density.
Of the choke -- wind project in Wyoming and assume that it's available has the same availability as coal fired power plants it won't.
But nevertheless it just to replace a coal fired generation capacity the United States about 300000 megawatts.
-- -- wind projects like choke -- you would need the entire state of Indiana act covered in nothing but wind turbines I mean.
That this is crazy don't lie this is -- number can I tell you okay I have the president's press release right hear the one you were just noting right.
I was from the Department of Energy.
We're gonna talk about job creation there is no job creation in this I I get its diet.
This isn't this is an embarrassment.
To this administration.
Well look Jerry with the job this whole green jobs business has has been proven to be a fraud from the beginning December of 2010.
The Texas comptroller I'm in Austin the comptroller here in Texas looks at that tax breaks and tax preferences.
Each wind energy related job in Texas which has more wind energy capacity than any other state.
Costs the State's taxpayers one point six million dollars.
I mean yeah how we can create jobs digging ditches and filling them -- But this is a bad use of taxpayer money just that it's an atrocious idea that it that this is going to create lots of jobs it's not.
Absolutely right Robert -- it's always a pleasure to have you on the show thanks so much.
