I agree with all the posts that say that aid to underdeveloped countries is misplaced in that it more often than not perpetuates corrupt governments and people dependent upon the hard work of others. That being said, the logic of pumping money into the third world where people are starving and deprived of medicines purely to fund green ways of producing energy escapes me. Do they want these countries to have huge energy bills like we have in the UK to wreck competitiveness with their overseas exports and push more people into fuel poverty?
Justa Joe
July 23, 2011 7:28 pm
“… guaranteeing loans for natural gas plants or clean coal plants to bring electricity to people who have never had access? I’m very much in favor of it.” – Thomas Fuller
Natural Gas & Coal are unacceptable in the AGW realm “clean” or otherwise. They still emit CO2. You need to read up more on the green agenda in the 3rd world. The priority for the greens isn’t about getting electrical service to the frontiers of civilization. Obama put the kabosh on a loan for a coal fired electrical plant in Africa. Are you still proud to be a “librul” http://www.washingtonpost.com/wp-dyn/content/article/2010/04/08/AR2010040805407.html
Justa Joe,
Correctomundo. Windmills are much preferred by Watermelons.
And the amiable Tom Fuller surely means well when he says “guaranteeing loans for natural gas plants or clean coal plants to bring electricity to people who have never had access? I’m very much in favor of it.”
But there’s a problem: U.S. taxpayers are already being told we must pay for the huge liabilities incurred over the past two years. Why should we also guarantee loans to other countries? I would be in favor of developing the plants and splitting the profits. But loan guarantees? Nope. We hand out too much free money already.
My position will become clear to the general public when U.S. re-insurers, backed by the federal government, are told to pony up for the defaulted sovereign debt of countries like Greece, Italy, Portugal, Ireland, Spain, etc., etc.
Think the subprime mortgage crisis hurt us financially? Wait until we have to make good on all that sovereign [country] bad debt. The mortgage crisis will look like a day at the beach compared to U.S. taxpayers being forced to bail out entire national economies to the tune of hundreds of trillions of dollars. We’re on the hook. The public just doesn’t know it yet.
Brian H
July 24, 2011 10:13 am
I see Thomas Fuller uses the “leapfrog” argument. Unfortunately, that’s a death sentence for many of the target beneficiaries. The tech so touted is in practice much pricier than carbon-based energy generation, much longer in deployment, and dispensed at the discretion of external agents.
I agree with all the posts that say that aid to underdeveloped countries is misplaced in that it more often than not perpetuates corrupt governments and people dependent upon the hard work of others. That being said, the logic of pumping money into the third world where people are starving and deprived of medicines purely to fund green ways of producing energy escapes me. Do they want these countries to have huge energy bills like we have in the UK to wreck competitiveness with their overseas exports and push more people into fuel poverty?
“… guaranteeing loans for natural gas plants or clean coal plants to bring electricity to people who have never had access? I’m very much in favor of it.” – Thomas Fuller
Natural Gas & Coal are unacceptable in the AGW realm “clean” or otherwise. They still emit CO2. You need to read up more on the green agenda in the 3rd world. The priority for the greens isn’t about getting electrical service to the frontiers of civilization. Obama put the kabosh on a loan for a coal fired electrical plant in Africa. Are you still proud to be a “librul”
http://www.washingtonpost.com/wp-dyn/content/article/2010/04/08/AR2010040805407.html
Justa Joe,
Correctomundo. Windmills are much preferred by Watermelons.
And the amiable Tom Fuller surely means well when he says “guaranteeing loans for natural gas plants or clean coal plants to bring electricity to people who have never had access? I’m very much in favor of it.”
But there’s a problem: U.S. taxpayers are already being told we must pay for the huge liabilities incurred over the past two years. Why should we also guarantee loans to other countries? I would be in favor of developing the plants and splitting the profits. But loan guarantees? Nope. We hand out too much free money already.
My position will become clear to the general public when U.S. re-insurers, backed by the federal government, are told to pony up for the defaulted sovereign debt of countries like Greece, Italy, Portugal, Ireland, Spain, etc., etc.
Think the subprime mortgage crisis hurt us financially? Wait until we have to make good on all that sovereign [country] bad debt. The mortgage crisis will look like a day at the beach compared to U.S. taxpayers being forced to bail out entire national economies to the tune of hundreds of trillions of dollars. We’re on the hook. The public just doesn’t know it yet.
I see Thomas Fuller uses the “leapfrog” argument. Unfortunately, that’s a death sentence for many of the target beneficiaries. The tech so touted is in practice much pricier than carbon-based energy generation, much longer in deployment, and dispensed at the discretion of external agents.