President Obama
has frequently promoted renewable energy sources, and said during his 2012
campaign that “We’ve got to look at the energy sources of the future, like wind
and solar and biofuels, and make those investments.” By “investments” Obama
most likely means massive “taxpayer-funded subsidies” for wind, solar, and
biofuels. At the same time, Obama has often dismissed fossil fuels as “energy
sources of the past.” But according to projections from Obama’s Department of
Energy, the reality is much different — fossil fuels will continue be America’s
dominant source of energy for at least the next quarter century, while
renewables, even with taxpayer life support, will continue to play a relatively
minor role as an energy source for the US.
Here’s what the
Department of Energy reported on its website last week:…....To Read More.......
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