Wednesday, June 30, 2010

Flip. Flop. Sorta. Bucyrus.

What a crock.

Here's the new "deal" proposed by the Obama GreenWeenie boyzzz:

The Export-Import Bank offer calls for Reliance to build renewable energy plants, producing at least 250 megawatts of electricity, which are expected to produce no carbon emissions.

In the U.S., that amount of power would meet the electricity needs of roughly 85,000 homes.

It's still unknown whether Reliance will agree to the terms, but Kohl said the offer was encouraging.

So.

The ExIm bank approves keeping 1,000 US jobs ...

IF....

A utility in India promises to find 250MW of juice from elephant dung, or whatever.

Doesn't look like a done deal to me, but we'll see.

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