Warmist nutter Energy Secretary Chu is saying good-bye to his office. Of course, he couldn’t just leave like everyone wanted him to, he had to leave mouthing people, as a typical nutter would do. He was a bit spiteful and included some fascinating nutjobbery.
“While critics try hard to discredit the program, the truth is that only one percent of the companies we funded went bankrupt,” he wrote. “That one percent has gotten more attention than the 99 percent that have not.”
Chu added: “The test for America’s policy makers will be whether they are willing to accept a few failures in exchange for many successes. America’s entrepreneurs and innovators who are leaders in the global clean energy race understand that not every risk can—or should—be avoided. Michelangelo said, ‘The greater danger for most of us lies not in setting our aim too high and falling short; but in setting our aim too low, and achieving our mark.'”
LOL, only a member of the Obama administration would define success as a company that hasn’t gone bankrupt after being given $millions of someone else’ money. If you give me a few hundred million dollars I won’t be bankrupt in less than 4 years either. Idjits.
While many focus on the bankrupt companies, that isn’t what defines Obama and Chu’s program as an abject failure. What defines it as a failure is the fact they we’ve very little redeemable value from what they’ve given away. Worse than that is the fact that they detoured resources from real innovation. No one, especially the government can dictate what real innovation will be or where it will come from. It doesn’t work that way. From all of the supposed clean and alternate energy initiatives can anyone point me to some success? Ethanol isn’t helping anything, it just raises the cost of food. The solar industry still doesn’t provide any energy worth discussing, the wind energy was rejected by the world over 100 years ago and we still have people banging their heads against that wall. Our fanciful dream of battery operated cars can’t be called anything but a dismal failure. What, specifically, does he cite as a success? There isn’t one. It’s just been a horrible waste of taxpayer dollars.
He also scolded climate-change skeptics and urged a shift from fossil-fuels to other sources of energy.
“The overwhelming scientific consensus is that human activity has had a significant and likely dominant role in climate change,” Chu warned in his letter. “There is also increasingly compelling evidence that the weather changes we have witnessed during this thirty year time period are due to climate change.”
No, there’s not. It’s a fabrication of global proportions, but anytime anyone actually looks at any of the data, there hasn’t been any change in the weather. We’re not having more hurricanes, we’re not having more tornadoes, we’re not having longer and stronger droughts, we’re not having more flooding…….. I don’t know if Chu is delusional, gullible, or simply lying, but there’s no fact to what he’s blathering.
Chu underlined that China was pushing ahead with clean-energy investments—outpacing U.S. efforts.
LOL, no, not really. China’s “investments” comes from capital gained by the EU’s climate initiatives. And, so what? As noted here and thousands of other places around the world, these so called “clean-energy” initiatives don’t work! They are a waste of time, energy, and money.