Researchers have stumbled on a deposit of lithium that in a best-case scenario could supply 700 years worth of current consumption. Lithium is an import component of modern rechargeable batteries. The U.S. currently imports more than 80% of what it uses.
The location in southwest Wyoming is synergistic in several ways: it is relatively close to a large supply of soda ash, which is needed to recover the lithium; it is already at high pressure and temperature, which aids the recovery process; treated water from the recovery process could benefit local communities, agriculture and industry.
A surge in North American oil production, will change the US from the world’s leading importer of oil to a net exporter, says the International Energy Agency (IEA).
Waste billions more taxpayer dollars on the same failed “green” energy programs. That is Obama’s “solution” to rising gas prices. He “keeps dusting off the same tired old proposals — the very ones that have failed repeatedly in practice.”
Investor’s Business Daily suggests that “Before we let Obama take us for a drive down another fantasy lane, let’s review the results of his last bold effort to transform our energy economy.”
In 2009, Obama used the economic crisis as an excuse to pump $90 billion into grants, loans and tax credits for solar panel companies, battery makers, electric car startups, wind turbines and the like.
As today, he promised that this “investment’ would create new sources of energy, new jobs, and lower energy costs.
What did we get?
Solar panel maker Solyndra crashed and burned, taking $535 million in guaranteed loans with it. Battery maker A123 Systems filed for bankruptcy protection, after getting $249 million in grants. Fisker got huge loans for a promised electric car it never delivered.
And what about the promised new jobs? Businessweek analyzed records from the Department of Energy and determined that its $21 billion program produced at best 29,000 jobs – almost 3/4 million dollars per job. Even worse was the National Renewable Energy Laboratory, which spent almost $10 million for each job it “created”.
This is an interesting article about how one Republican lost badly in 2008, regrouped, then came back to win decisively in 2012. He didn’t change his positions but he did work on how he articulated them. He ran a smarter race, started earlier, and worked harder.
McCrory stayed on message – jobs and the economy – and refused to get sidetracked into issues such as abortion. He is all for an Hispanic outreach. But he reminds: “They want to hear about jobs and the economy, too.”
Nationally and here in New Hampshire, Republicans might learn from what McCrory did.
Only the Federal government could come up with a program that pays people millions of dollars to waste millions of dollars.
“A cargo train filled with biofuels crossed the border between the US and Canada 24 times between the 15th of June and the 28th of June 2010; not once did it unload its cargo, yet it still earned millions of dollars.”
A total waste of time, money, and energy all in the name of a “green-energy” program.
Read the article.