CHEYENNE, Wyo. —Wyoming’s senior U.S. Senator John Barrasso, ranking member of the Senate’s Committee on Energy and Natural Resources, released a report last week drawing unfavorable parallels between President’s Joe Biden’s “Build Back Better Recovery Plan” and then-President Barack Obama’s green energy stimulus programs.
The “Green New Deal,” first introduced in the House in 2019, is not the same thing as Biden’s $2.3 trillion infrastructure plan, which includes investments in electric vehicle and upgrades to the power grid to deliver clean energy, and is estimated to create between 1 and 1.2 million jobs per year renewable energy space.
But Barrasso told Martha Raddatz on ABC’s “This Week” the plan is rife with “things like the Green New Deal and recyclable cafeteria trays, and climate justice.” Barrasso has backed a Republican counter-proposal that would spend about $568 billion over five years on “core infrastructure.”
Article continues below...
Barrasso’s committee report, titled “The Solyndra Syndrome & the Green Stimulus Delusion.” says that not only did many of Obama and then-Vice President Biden’s policies fail, it was oil and gas that was “the one bright spot” driving economic recovery after the 2008 financial crisis, fueled by a collapse in the housing market.
Barrasso said Biden is “doubling down on failure” by going after the oil and natural gas industry through executive actions like cancelling the Keystone XL pipeline and issuing a moratorium on permits for drilling on federal lands.
“From the employment low point in February 2010 to the end of 2013, non-farm employment grew at a sluggish 1.4 percent per year, while oil and gas employment grew at a brisk pace of 5.4 percent per year,” the report said.
“By the end of 2013, non-farm employment was an anemic 1.9 percent above its level at the end of 2009, whereas oil and gas employment was nearly 16 percent higher. Now that is a jobs recovery.”
Solyndra was a solar panel manufacturer “that received nearly all of its allotted $535 million Department of Energy (DOE) loan and filed for bankruptcy in September 2011,” the report said. The report names it and the “Cash for Clunkers” program as among the programs that failed to deliver.