“I want to invest that money in clean, affordable, renewable sources of energy like wind power, and solar power, and biofuels, so that we’re not here talking about high gas prices next summer, and the summer after that, and five summers after that. That’s the change we need.”
— April 29, 2008 Obama speech in Winston-Salem, “Obama on Gas Tax Holiday: A Gimmick Instead of a Real Solution”
OK. More money on windmills and solar would mean lower gas prices next summer. Risky, but his political calculation. And of course, an odd idea to bring down gas prices for those of us who don’t drive wind- or solar-powered cars, but don’t stop him, he’s on a roll.
And, as you may have heard, he won and “invested” billions on windmills and solar. Oh yes, and biofuels (fill ‘er up with algae!).
Now, it’s the summer after the summer after the summer after the summer after that.
Are we here talking about high gas prices? Well, yes, one could reasonably conclude that.
Verdict on this gimmi…er, approach to energy policy?