More “green” magic!

Check green this nonsense out:

Oil companies will pay $6.8 million in fines for not meeting federal quotas for blending in cellulosic biofuels – those produced from grasses, wood and plants – even though there weren’t enough of those biofuels available for use, the New York Times reported. Those fines are likely to rise in 2012 because the cellulosic biofuel quotas that refiners have to meet will rise more than 30 percent to 8.65 million gallons.

Charles Drevna, the president of the National Petrochemicals and Refiners Association, said the imposition of the fines “belies logic,” while Dennis McGinn, a retired vice admiral who serves on the American Council on Renewable Energy, said that the quota “is the right thing to do” even if the imposition of the fines “doesn’t seem to make a lot of sense,” the Times reported. Environmental Protection Agency (EPA) spokeswoman Cathy Milbourn said the 2012 quota was “reasonably attainable.” Hence the fines.

First off, let me point out that this insane article gets something seriously wrong: oil companies are not paying that $8.6 million fine, those of us that buy products from them – anyone that owns or rides a vehicle or lives somewhere that needs heat or cooling – are paying it. This idiotic notion that companies pay for anything needs to die an ugly death. It is always those of us that own their stock or use their services and products that are the ones being punished by fines like this. I should point out how obvious it now is that Obama meant it when he told us we would have to pay through the nose for any fossil fuels that his green donor buddies don’t like.

Now let’s discuss some serious watermelon logic that should make everyonethat is not insane do a double take. That Dennis McGinn fellow sums up to me the whole dysfunction of the green movement with his comment that even though government mandated additive doesn’t exist yet, he sure as hell feels the fines are awesome, despite the admission that he is quite aware that it smacks of serious stupidity to impose a fine for not using something that doesn’t exist. He gets what is going on here fine. So do I. Dennis, like all these watermelon crooks, just thinks anything that hurts oil companies and jacks up prices on consumers is, to use his own words, is “the right thing to do”. Logic or sense both be damned, unless the logic here is to price fossil fuels through gimmicks and government manipulation into being so expensive that this green shit suddenly looks semi-competitive. Now for the bullshit.

The fines illustrate the emphasis the federal government is putting on production of biofuels in an effort to cut dependency on foreign oil. Last month, the EPA said it boosted its 2012 goals for production of non-corn-based biofuels by about 36 percent. Specifically, the EPA increased its production goal for advanced biofuels, whose feedstocks range from sugarcane ethanol to algae, by 48 percent, while increasing its goal for cellulosic biofuels by 34 percent. Production of biomass-based biodiesel is set to rise 25 percent this year, according to the EPA.

Can you pack more idiotic lies in a paragraph than this? I am sure Obama will do that in his speech tonight, but come on! Watch this bio fuels emphasis produce the same result as the emphasis on ethanol has: less corn to feed both farm animals and people, resulting in those at the lowest economic rungs being stung the hardest by the cost increases lower supply caused. And it gets better. The EPA is making decisions on its own about these things that while stupid should be coming from congress, and of all things precisely because a previous decision to push corn based biofuels has had catastrophic consequences. Of course, I expect the usual idiots to tell me this unconstitutional overreach of power by the EPA is all fine and dandy because of the idiotic Clean Air act. I am sure rounding up people that are not buying this green shit and exterminating them can be rationalized and justified under the Clean Air act. After all, it’s for our own good!

Oh, wait! They have an act passed by congress?

Annual increases in the EPA’s renewable-fuel production guidelines are a response to the Renewable Fuel Standard 2 (RFS2) and 2007’s Energy Independence and Security Act (EISA), which, in part, set a U.S. production goal of 36 billion annual gallons of renewable fuel by 2022.

This was right after Pelosi and her crew of pirates took over the House, wasn’t it? And this bill, a precursor to the “Cap and Tax” boondoggle that died a well deserved couple of years later, never gave the EPA any of the powers it now has abrogated to itself, despite what these communists greens pretend. The part that was most laughable came from the summary:

Taken together, these measures will save American consumers $400 billion, create hundreds of thousands of new jobs, and cut global warming pollution. The Energy Independence & Security Act represents a down-payment on Congress’ plan to move America forward, toward a more affordable, sustainable, and secure energy future.

What a crock of shit! Prices are going to go up, not down. That savings they promise was probably computed using the same idiotic math that they used to compute savings from Obamacare. And steps that would guarantee us definite energy independence – like getting our own oil & natural gas or making deals to procure oil and gas from friendly neighbors while building nukes –are no where mentioned in this boondoggle. No, this act was more of a precursor to give democrats a means to fuck over tax payers by giving billions of our dollars to questionable green industries that would not survive without both massive government subsidies and government imposed penalties against viable energy. The only thing guaranteed is that we will have less available energy and have to pay more for it. Where is my reach around, huh?

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  1. hohokiss

    It is always those of us that own their stock or use their services and products that are the ones being punished by fines like this.

    Aye, the costs are passed on down, its called “challenges” in the corporate emails, the exec bonuses stay nice and healthy.

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  2. davidst

    When it comes to corporations paying taxes, the only idiotic notions are that it either always comes out of their profits or else it always comes out of our pockets. In the real world, it depends on whether or not the industry has pricing power. If so, people pay, if not, the company pays.

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  3. CM

    It also depends if all the companies in the industry are hit with the same additional costs. If only some are, they can’t put their prices up to recoup those additional costs, because they’ll then become uncompetitive.

    Energy has always been underpriced because it doesn’t reflect the costs associated with it. Being a whiney cunt isn’t going to change that.

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  4. balthazar

    Yeah CM, glad you finally owned up to being a whiny cunt. You can better yourself, and admitting you have a problem is the first step.

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  5. balthazar

    its kinda like the ATF telling gun dealers to sell guns to shady people, then using said sails to try and justify tighter sales of guns…

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  6. CM

    Yeah CM, glad you finally owned up to being a whiny cunt. You can better yourself, and admitting you have a problem is the first step.

    All you seem to do is whine about me, you whiney cunt.

    its kinda like the ATF telling gun dealers to sell guns to shady people, then using said sails to try and justify tighter sales of guns…

    Not about me, but it’s still whiney cuntedness.

    Sails….pfffft.

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  7. CM

    CM: How the heck is energy “underpriced” in your collectivist world?

    Because it doesn’t reflect the costs associated with it. Because it’s heavily subsidised.
    How is it overpriced or correctly priced on your planet?

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  8. davidst

    Energy is also underpriced because externalities aren’t factored in. Also, it’s priced in terms of limitless future supply (i.e. it’s priced in terms of daily production with no eye to declining future production).

    And in the short term, it’s underpriced because of economic recession. As soon as things try to pick up again the price will go up, but still only based on daily productive capacity not future productive capacity and externalities.

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  9. hohokiss

    Recycling still is a rather minor industry in the US. I wouldn’t put it past the government to one day seize landfills and have plastic extracted for the good of all people, and to rid their soil of foreign contaminants. At a small cost,of course.

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