Frustrated with the inability to accomplish anything, Yvo de Boer said he will step down July 1.
As a result, the 193 nations scheduled to meet again in Mexico 5 months from now to continue talks on a worldwide global warming agreement are in limbo.
Unlike these nations, Obama's Department of Energy is running a $5 billion federal weatherization program to assist our nation in saving energy.
ABC, "Only 9,100 homes had been weatherized nationwide as of Dec. 31, according to the new report by the Government Accountability Office. ... It actually weatherized more than 22,000 homes last year with [slush] funds. Either way, it's a far cry from the 593,000 that the government plans to complete during the course of the Recovery Act, which runs through March 2012. ... Only 10% of the $5 billion for weatherization has been spent so far, 91,000 houses out of 593,000 which would have been weatherized."
Do the math and cost per house amounts to $57,000. This is a federally funded project which includes a multitude of requirements, government red tape, driving up costs and delaying efforts.
Obama's economic adviser commented on the projects, "They would pay off purely as economic problems, even if there was no energy independence issue, even if there was no environmental issue. So the constraint is not going to be lack of federal budget, the constraint is simply going to be how rapidly these projects can be implemented."
Imagine what will occur if a global warming agreement is made.
JB

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