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The Green Initiative and its distractors
#1
So predictable, and so lame..

Quote:House Minority Leader Kevin McCarthy (R-CA) disagrees with the overwhelming majorities of both parties who support increased investment in clean energy. On the same day Rep. Alexandria Ocasio-Cortez (D-NY) and Sen. Ed Markey (D-MA) introduced a Green New Deal resolution to address the climate crisis and create millions of high wage jobs, McCarthy took to Twitter to say, “‘The green dream’ is actually a nightmare.”

“Green dream” is a term House Speaker Nancy Pelosi (D-CA) used to refer to the Green New Deal in a Politico interview Wednesday. McCarthy’s tweet includes videos of Pelosi and President Barack Obama explaining that investing in clean energy is critical for a variety of reasons, including maintaining U.S. technological preeminence, national security, and boosting the economy. These are the same reasons that increased federal support for clean energy has such broad support across the political spectrum. McCarthy’s video then proceeds to rehash the misguided and misleading GOP attack on the Department of Energy’s loan program, which funded a great many technological winners — like Elon Musk’s Tesla — and a couple of unsuccessful companies, most famously the solar energy company SolyndraWhat’s bizarre about this is that the loan program was wildly successful, earning a $5 billion profit. The many winners paid taxpayers back vastly more money than was lost by the few unsuccessful companies.

‘Scandalous’ Solyndra Program Actually Earned Taxpayers A $5 Billion Profit

McCarthy’s attack also fails to mention that the DOE loan program was actually started by President George W. Bush and his administration pushed the Solyndra loan for two years..
House Republican leader wastes no time in freaking out over Green New Deal – ThinkProgress
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The Green Initiative and its distractors - by stpioc - 02-07-2019, 08:40 PM

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