View Full Version : Obama More Waste on Green

01-20-2012, 05:16 PM
Id bet anything this has nothing to do with "farmers and ranchers" wanting to build green energy projects. What a crock.

Obama doubles down on green energy loans, again byJoel Gehrke Commentary Staff Writer

Pesident Obama's Department of Agriculture (USDA) called for applicants to receive the $25.4 million in funding flagged for rural green energy loan guarantees and grants, even as Obama's campaign released an ad defending the Solyndra loan.

"This funding will assist rural farmers, ranchers and business owners to build renewable energy projects, providing opportunities for new technologies, create green jobs and help America become more energy self-sufficient," Agriculture Secretary Tom Vilsack said today in a statement.

The $25 million available today comes through the Rural Energy for America Program (REAP), and "will support at least $12.5 million in grant and approximately $48.5 million in guaranteed loan program level awards."

USDA touted this green energy funding as an example of Obama working to "reduce our dependence on foreign oil, combat global warming, and build stronger rural economy." Obama blocked American use of some foreign oil -- piped from Canada -- this week when his State Department recommended that the Keystone XL pipeline not receive a construction permit, pending further environmental impact studies.