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Obama’s Billion Dollar Bust: Energy Experts Slam DOE’s Failed “Green” Project as “Financial Boondoggle” and “Disaster”

by Publius
February 9, 2025
in News, Original
Ivanpah
At last, a conservative news aggregator that does not bow to the woke right.

(American Political Report)—A recent Department of Energy (DOE) venture, aimed at capturing carbon emissions from coal plants, has been labeled a “financial boondoggle” and a “disaster” by industry experts. The project, which received nearly $1 billion in government funding, was intended to pioneer a new method of carbon capture and storage (CCS) but ultimately ended in failure.

In 2011, the U.S. Department of Energy (DOE) under former President Barack Obama issued $1.6 billion in loan guarantees to finance the Ivanpah Solar Power Facility, a green energy project that consists of three solar concentrating thermal power plants in California.

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The project was led by Southern Company at its Kemper County energy facility in Mississippi. Despite significant federal investment, the initiative was terminated in 2017 after it became clear it would not achieve its goals. Instead of pioneering a new path for clean coal technology, the project resulted in substantial financial waste.

Energy expert Bernard Weinstein from Southern Methodist University criticized the project, saying, “This was a financial boondoggle from the start.” He pointed out that the technology was not commercially viable, and the enormous costs associated with it far outweighed any potential benefits.

Another critic, Marlo Lewis from the Competitive Enterprise Institute, described the project as “a disaster” and highlighted the DOE’s poor judgment in continuing to fund such ventures. “The DOE should not be in the business of picking winners and losers in the energy sector,” Lewis argued, suggesting that market-driven solutions would be more effective and efficient.

The project’s failure has reignited debates over government investment in technology that lacks proven commercial application. Critics argue that taxpayer money should not be risked on projects where success is uncertain, especially when alternative, more established technologies exist for reducing emissions.

Defenders of the DOE’s approach, however, maintain that innovation in energy technology inherently involves risk. They argue that without such investments, breakthroughs in cleaner energy could be stifled, potentially leaving the U.S. behind in global efforts to combat climate change.

The Kemper project’s failure adds to a growing list of costly government-backed energy projects that have not met expectations, raising questions about the effectiveness of such expenditures. As the U.S. continues to navigate its energy policy, especially in the context of climate change, the lessons from Kemper could influence future decisions on where and how public funds are allocated in energy innovation.

Article generated from legacy media reports.

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Two Storms, One Harvest

Empty Shelves

Every food crisis in living memory has been a one-shock event. The 2008 price spike was a commodity bubble. The 2020 shortages were a logistics failure. The 2022 grain scare was a war on one exporter’s ports. Each time, the system bent, adjusted, and recovered, and each time the experts assured us afterward that global markets are simply too big and too diversified to fail.

What nobody in Washington seems eager to discuss is that 2026 is shaping up to be something the modern food system has never actually faced. Two independent shocks, one climatic and one geopolitical, are converging on the same harvest cycle at the same time. Not sequentially. Simultaneously.

Start with the weather. The Pacific Ocean is currently building toward what forecasters now openly call a record event. NOAA’s Climate Prediction Center puts the odds of at least a strong El Niño near 88 percent, with roughly two in three odds it reaches “very strong” status, the tier reserved for perhaps three or four events in the entire satellite era. Every major global model now projects a median peak in Super El Niño territory, and most of them project it exceeding the 2015-16 event, which until now held the modern record. Sea surface anomalies were already brushing the super threshold in mid-July, months before these events normally peak. The atmosphere has already shifted into El Niño mode, and the event is forecast to crest in late fall and early winter.

This is not about “climate change.” It’s about the standard cycles of weather, and the cycle we’re currently in is one that has likely devastated societies in the past. We’re better prepared as a society today, but not all Americans are equally prepared.

Serious households have started doing the quiet math on their own. Grocery bills tell part of the story, and the forecast maps tell the rest, which is why long-term food storage has moved from fringe hobby to mainstream line item in the family budget, with established suppliers like Heaven’s Harvest seeing demand from people who five years ago would have rolled their eyes at the idea. That instinct is not paranoia. It is pattern recognition, and the pattern is worth walking through carefully.

Editor’s Note: Heaven’s Harvest IS a sponsor, but the warnings of this article are real and would be written even if we didn’t have a survival food sponsor. With that said, those who take advantage of what they offer can use promo code “Patriot” for 15% off.

The Fertilizer Clock Is Already Running

While the Pacific warms, the second shock has been unfolding in the Strait of Hormuz. The conflict with Iran turned the world’s most important energy chokepoint into a contested waterway, and the consequences reach far beyond the gas pump. Roughly a third of global fertilizer trade moves through Hormuz, and the disruption sent urea prices up 86 percent year over year by March, with a 53 percent jump in a single month.

The World Bank projects energy prices rising about 24 percent in 2026 and fertilizer about 31 percent. By its own accounting, fertilizer prices ran 35 percent higher in the first five months of this year than the same period last year.

Here is the mechanism the nightly news will not explain. Fertilizer is not a grocery item. It is a time-delayed input. The nitrogen a farmer in Iowa or Punjab could not afford to apply this spring does not show up as a problem this spring. It shows up as a thinner harvest six to twelve months later.

The World Bank’s own food security brief concedes that the effects of reduced applications earlier this season “are likely to become visible only later in harvest outcomes.” Translate that from institutional language into plain English and it means this. The damage is already done, it is already in the ground, and we are simply waiting for it to arrive on the shelf.

Now check the calendar. Six to twelve months from the spring planting season lands us squarely in late 2026 and early 2027. Which is precisely when the strongest El Niño in the instrumental record is forecast to peak, bringing its signature droughts to Southeast Asia, Australia, southern Africa, northern Brazil, and South Asia, the very regions that grow the world’s rice, sugar, and oilseeds.

The World Bank warns openly that a strong El Niño “could disrupt multiple crop belts simultaneously” on top of the conflict-driven input costs. Their baseline projection assumes the Middle East disruptions ease by autumn. What in the last two years of Middle East history suggests that assumption is safe?

The System Has No Slack Left

The comfortable answer is that global markets always adjust. But adjustment requires slack, and the slack is gone. Global cereal production is expected to decline from last year’s records even before El Niño does its work. The UN World Food Programme, hardly a den of right-wing preppers, is calling this the most significant disruption to its supply chains since Covid and the invasion of Ukraine, and its supply chain director put the stakes bluntly.

Today’s supply chain challenges are tomorrow’s hunger crisis.

There is also a political dimension that markets cannot price. When food gets scarce, governments do not behave like economists. They behave like politicians. Export bans, hoarding mandates, and panic buying at the national level turned the modest rice shortfall of 2008 into a global crisis, and analysts are already warning that import-dependent nations are the first dominoes.

The 2015-16 Super El Niño, a far weaker event than what is now forecast, threw tens of millions into food stress across Africa and Asia. This one is projected to be stronger, and it arrives with fertilizer already rationed by price and shipping lanes already contested by missiles.

What Joseph Knew

Scripture does not treat preparation for lean years as faithlessness. It treats it as wisdom delivered in advance to those willing to act on it.

Behold, there come seven years of great plenty throughout all the land of Egypt: And there shall arise after them seven years of famine; and all the plenty shall be forgotten in the land of Egypt.

Joseph did not respond to that warning with a hashtag or a committee. He stored grain during the years of abundance, and when the famine came, Egypt stood while its neighbors begged. The lesson is not that famine is certain. It is that the time to prepare is precisely when preparation still looks optional.

Nobody who filled a pantry in a year of plenty has ever regretted it, and nobody standing in an empty aisle has ever been glad he waited for certainty.

None of this calls for panic, and panic is the enemy of sound judgment anyway. It calls for the same unglamorous prudence our grandparents considered ordinary. Keep some cash margin, know your local growers, and put real food in deep storage while it is cheap and available, because the entire arc of this story is that cheap and available is a closing window.

Families looking for a straightforward place to start can visit Heaven’s Harvest and use promo code Patriot for 15 percent off long-term storable food. The forecasts may yet soften, the strait may yet reopen, and we should pray they do. But hope is a fine thing to hold and a foolish thing to eat.

Tags: Barack ObamaClimate Changegreen energyLedeTop Story
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Comments 4

  1. maname ismud says:
    2 years ago

    Do you suppose these massive solar projects are sending the power below where they conduct ‘bidness’ and plan to hide one day?

    Reply
  2. Rob in MN says:
    2 years ago

    The “Department Of Energy” has adopted the “climate change” boogeyman as its enemy, which is based on flawed pseudoscience, there is zero evidence that any warming or cooling is going to result in any problems for the Earth or for the human race, or any other animals, the whole idea is a gigantic hoax invented to extract money from governments and stuff it into fanatical, supposedly “eco-friendly” radical nutcase pockets, so in reality the DOE has absolutely no business giving away any money whatsoever, they have no idea what is happening, it is obvious that they would rather spend this nation into the poorhouse that save it from any so-called climate change problems and the jig is up.
    It’s time for all of these grifters and crooks from all government agencies to be perp walked to the penitentiary where they belong.

    Reply
  3. Ross says:
    2 years ago

    The only “plan” was for a cleverly designed scam and money laundering operation. It served it’s purpose.

    Reply
    • kkymym says:
      2 years ago

      yes.. the so called ‘ weather reports ‘ are designed to fool us into complacency.. why can’t these isobars realize that all weather is a heteronormative theater based on the false dichotomy of hot/cold or even the commonly deployed wet/dry false narrative ? the weather has, and always will be evil.. wear a hat

      Reply

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