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Thursday, June 28, 2012

Now Bush Accused in 'Green Stimulus' Madness

Scores of companies have received federal loans and grants from President Obama’s 2009 “stimulus” to manufacture an experimental fuel called cellulosic ethanol, which has not been successfully produced in the

U.S. and might not even work.

The fuel, which is supposed to come from wood chips, was first pushed and funded by the George W. Bush administration.

Despite the fact that no company has been able to produce the fuel, Congress previously passed a law imposing mandates on oil companies to mix the non-existent cellulosic fuel into gasoline.

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1 comment:

  1. AnonymousJune 29, 2012 at 6:14 AM

    Sounds like the article simply laid out the time frame for when these initiatives were getting pushed. Where's the "accused" part come in. Oh yeah, everything that ails the US magically began in 2009

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