BP Helps Cap and Trade and Self

British Petroleum with its blown out well seems to be helping itself to government money through the American Power Act.

The American Power Act is a bill that taxes energy especially fossil fuels and promotes alternative forms of energy. Now before anybody goes flying off the handle about how good the bill is, read it first. The bill states it will create jobs in the clean energy but it will destroy thousands that can never be replaced in the other fields of energy.

The interesting part of the bill is that it will directly help BP financially by working with alternative energy. So BP blows out the Deepwater Horizon, which will spark debate of drilling for oil in America to the point of shutting down offshore oilrigs. This gives BP the inside track on the American Power Act.

BP has already invested in solar and wind generation programs; they also are well into research and development of biofuels. So if the American Power Act passes they will be the first to get taxpayer money for these projects. They will not have to spend a dime of their money. So this oil blow out helps them. They make huge profits off of the American taxpayer.

Nowhere in BP portfolio does it talk about the cleanest and cheapest power production and that involves nuclear power plants. All they are worried about is making the quick phony dollar off of solar, wind and biofuels production. It is surprising that Al Gore is not their CEO.

Having seen oil spills since the 1969 Santa Barbara oil spill this is not a new show but it seems this Gulf spill was a disaster waiting to happen. In other words was this a setup to encourage more destruction of the American economy and another way of making Barack Hussein Obama the savior of the environment.

The amazing part about this bill is the history energy production in this country. America would not have to rely on as much fossil fuels if it had been allowed to build nuclear power plants. The last new power plant went online in 1996. While France is 85 percent nuclear power for electricity, America’s output is less then 20 percent. During the 1970s protests mounted against nuclear power plants. Then a little incident with a reactor on Three Mile Island shut down all new licensing for building new nuclear power plants.

Nuclear power is one of the cleanest and cheapest ways of producing electricity yet that is not even the major thrust of the bill. Its major push is to tax fossil fuel producers and only push for wind and solar power production. According to NOAA “However, wind generation was down 10.0 percent as adverse weather conditions in the Midwest led to big drops in Minnesota, Iowa, and North Dakota. These three States accounted for 63.7 percent of the national decline in wind generation.” Because of the loss of this power fossil fuel generators had to run at a higher out put.

So now that the in my opinion the truth is out about this blow out is America going to let Obama and BP dictate how America lives or more then likely die?

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