Thursday, September 3, 2009

Obamabots not serious about energy.

The Monthly Energy Review chronicles energy production and consumption data through May 2009.

From January to May, production from coal fell from 1.968 quadrillion Btu (QBTU) to 1.722 QBTU — a 13% decline.

The use of natural gas fell 0.6%, from 1.845 QBTU to 1.834 QBTU.

And nuclear went from .771 QBTU .684 QBTU, falling 11.2%.

Can you guess what happened to renewables?
They grew from .650 QBTU to .707 QBTU — a rise of 8.7% — and clearly the only grower of the bunch.

Renewables are the most expensive energy. But, is the Obama regime really committed to produce clean energy - i. e. nuclear and geothermal? The answer is NO. The DOE turned down a request by Usec to guarantee a $2B loan so America would have its own facility to produce nuclear fuel. And the DEO turned down a request from Raser to guarantee a $200M loan to build a geothermal plant. What the Obama regime wants is high cost wind mills and solar farms.

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