World’s Largest Solar Plant, With Second Largest Ever Department of Energy Loan Guarantee, Files For Bankruptcy | ZeroHedge
April 3, 2012
October 21, 2011
Obama in his own words and how he would force prices to skyrocket. It would appear this is one of the few times Obama was honest when he was speaking.
Obama to EPA implement coal- killing rules 13 days before FERC hearing on their potential effects
Some called it a gaffe when current Vice President Joe Biden was caught on video saying, “No Coal Plants Here in America,” during the 2008 campaign. Now, thanks to a bit of curious timing, the Obama administration may be a step closer to achieving that very thing, destroying up to 1.4 million jobs in the progress. The move will also lead to a significant increase in energy prices; however, it may be too late to do anything about all that by the time the information comes to light. And yet some think Wall Street, not Washington, is the problem.
Here’s the issue–one part of it, anyway. Connect the dots, beginning with this Federal Energy Regulatory Commission item.
FERC has scheduled a hearing next month to discuss the reliability of the power grid, particularly in regards to concerns stemming from new EPA regulations. Critics of the EPA have made reliability a central theme of their attack on new pollution regulations for power plants and pressed FERC to evaluate their concerns. The hearing is set for November 29.
That sounds good, until one realizes that the EPA intends to put some of said new regulations in effect, over the objections of many states, before their likely impact is discussed more broadly.
Obama Stalls Deepwater Drilling Despite Lifting of Moratorium by Sen. David Vitter 10/20/2011
August 29, 2011
By ERIC FELTEN
Federal agents swooped in on Gibson Guitar Wednesday, raiding factories and offices in Memphis and Nashville, seizing several pallets of wood, electronic files and guitars. The Feds are keeping mum, but in a statement yesterday Gibson’s chairman and CEO, Henry Juszkiewicz, defended his company’s manufacturing policies, accusing the Justice Department of bullying the company. “The wood the government seized Wednesday is from a Forest Stewardship Council certified supplier,” he said, suggesting the Feds are using the aggressive enforcement of overly broad laws to make the company cry uncle.
It isn’t the first time that agents of the Fish and Wildlife Service have come knocking at the storied maker of such iconic instruments as the Les Paul electric guitar, the J-160E acoustic-electric John Lennon played, and essential jazz-boxes such as Charlie Christian’s ES-150. In 2009 the Feds seized several guitars and pallets of wood from a Gibson factory, and both sides have been wrangling over the goods in a case with the delightful name “United States of America v. Ebony Wood in Various Forms.”
The question in the first raid seemed to be whether Gibson had been buying illegally harvested hardwoods from protected forests, such as the Madagascar ebony that makes for such lovely fretboards. And if Gibson did knowingly import illegally harvested ebony from Madagascar, that wouldn’t be a negligible offense. Peter Lowry, ebony and rosewood expert at the Missouri Botanical Garden, calls the Madagascar wood trade the “equivalent of Africa’s blood diamonds.” But with the new raid, the government seems to be questioning whether some wood sourced from India met every regulatory jot and tittle.