An Unworthy Future

The Grim Reality of Obama’s Green Energy Delusions

by Joseph Toomey



Book Details

Language : English
Publication Date : 7/22/2014

Format : Softcover
Dimensions : 6x9
Page Count : 568
ISBN : 9781480808911
Format : Hardcover
Dimensions : 6x9
Page Count : 568
ISBN : 9781480808935
Format : E-Book
Dimensions : N/A
Page Count : 568
ISBN : 9781480808928

About the Book

It is difficult to find an area of public policy more plagued by misunderstanding than energy policy. Even worse, every time the subject is raised, we are obligated to get mired in pointless arguments about the weather. This book helps set the record straight. Not convinced? Consider some of these inconvenient truths:

The cost of ‘green energy’ climate remediation is anywhere from 10-to-1,000 times greater than the damage from the climate change it attempts to alleviate.

Germany, the world’s leader in solar energy, will spend more than $280 billion by 2030 on solar subsidies. But all of that investment will only forestall 22nd century global warming by 37 hours.

Obama’s carbon tax would cost Americans $1.2 trillion over just ten years. But it would only reduce the midrange 3 degree modeled 22nd century global temperature increase by 0.038 degrees Celsius.

At their current emissions growth rate, it will take China nine months to replace the entire U.S. emissions cut that Obama wants to achieve over seven years, at a staggering cost in American jobs and lost economic growth.

The U.S. biofuel program imposes a cost on consumers 9,862 times greater than any climate benefit they or their distant progeny will ever derive.

This is not another skeptical global warming polemic but an economic evaluation of how and why green energy will fail. The world has too many pressing needs. For the money Obama squandered on just a single bankrupt crony solar company, the U.S. could have prevented 300,000 childhood malaria deaths in poor countries. A thoroughly researched, heavily documented book by an expert in his field, it will demonstrate in meticulous detail how wasteful and economically inefficient Obama’s ‘green energy’ dead end future will be compared to other worthy alternatives. It’s time to end the hysterical climate cynicism and get on humanity’s side.

About the Author

Joseph Toomey is a career management consultant specializing in economic analysis, corporate finance and global supply chain strategy. His work as a trusted advisor to some of the world’s most prominent corporate names in the oil & gas, oil field services, electric utility, chemicals manufacturing, natural resources and transportation industries in dozens of countries all over the world affords him a solid perspective in energy policy.