Paul Ryan was, of course, vehement that all those stimulus dollars were evil, ineffective, wasteful, and a DOOOOOM up the nation.
Except he was glad to endorse Wisconsin groups applying for stimulus funds.
And, of course, we all know that federal funding of clean energy research and the like are a bunch of cronyistic money-wasting when we have all the oil and natural gas we could ever possibly want.
Except, of course, when the Wisconsin groups that Paul Ryan was sponsoring were, of course, clean energy and energy efficiency efforts.
So … is it good to have stimulus to support efforts during a serious downturn? Or is that just throwing money away? And are clean energy initiatives a good place to invest money, or are they all wasteful scams?
Rep. Ryan, what do you think?
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While Calling Stimulus ‘Wasteful,’ Paul Ryan Secured Millions Of Dollars In Grants For Clean Energy
When it comes to the stimulus, presumptive GOP vice presidential nominee Paul Ryan was against it before he was for it. Or, to be more precise, he was for it at the same time he was against it. Accord…
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Do we get to compare the one-time losses at Solyndra to the continuing annual subsidies of oil and coal?
+George Wiman Exactly. I heard the fill in for Rush Limbaugh today say that there is no market for clean energy. That is only because we subsidize the crap out of oil and coal. If we paid exactly what it cost for "dirty" energy, the demand for clean energy would increase by an equal amount. He went on to say that all recipients of green energy guaranteed loans went belly up. I changed the station after that.
I looked it up. Best credible estimates are that we give coal and oil 97x that much every year in various subsidies and protections. Environmental damage cost (such as this $8bn drought) not included.