In the midst of an economic crisis and a looming fiscal cliff, President Obama has generously committed $6 billion for a “sustainable energy” partnership with Asia. You can’t help but wonder what the commander-in-chief is thinking!
It’s bad enough that he’s blown hundreds of millions of dollars on failed clean energy programs in the United States (remember the $535 million Solyndra boondoggle) but now he’s asking American taxpayers to finance similar dubious projects 10,000 miles away. Check out the White House fact sheet announcing the brilliant plan, which is officially called the U.S.-Asia Pacific Comprehensive Partnership for a Sustainable Energy.
Its announcement was timed around President Obama’s tour of Asian Pacific countries this week. Under the plan the federal government will blow $6 billion over four years to bring “renewables and cleaner energy” to selected Asian nations. Details are still sketchy, but according to the White House announcement, this will occur because the cash will increase access to American technology, services and equipment.
The goal is to help Asia “implement energy infrastructure,” the feds claim. This is dire because energy and the environment are among the most pressing issues confronting our region, according to the White House fact sheet. Benefitting from Uncle Sam’s largess will be the tiny southeastern Asian country of Brunei (population around 400,000) and nearby Indonesia, which is huge in comparison with around 250 million residents.
Read More: Judicial Watch