http://www.washingtontimes.com/news/2011/nov/15/solyndra-and-keystone-dual-debacles/print/
President Obama is sticking by his policy of declaring the producers of trendy, impractical energy sources “winners,” leaving taxpayers to be the losers. Take the case of the Keystone XL pipeline, which the administration is effectively shutting down in the wake of the scandal surrounding solar-panel maker Solyndra. Stubbornly clinging to environmental fashion over a practical boost to America’s energy supply will further cloud America’s economic horizon.
The timing of two announcements out of Washington is hardly coincidental. On Thursday, the White House said it would end its heated standoff with House Republicans. Members sought documents related to the administration’s decision to shower Solyndra with $535 million in taxpayer funds. Before the sun set at Foggy Bottom, the State Department spread word it had ordered a new environmental review of TransCanada Corp.’s proposed Alberta-to-Texas pipeline, effectively delaying any possibility of approval until after the 2012 election. The takeaway from the dual decisions: There’s a price for messing with the not-so-jolly green giant.