Obama Hopes to End Investments in Fossil-Fuels



Photo of the alchemist-in-chief

If you think that President Obama is not serious about his war on coal and other fossil fuels, think again. As we await the looming EPA regulations about to be announced, Obama is using his influence to hurt even the idea of fossil fuel development. He recently told college students to insist that their universities divest their endowments of fossil-fuel stocks.

This is yet another effort by him to expand his climate change agenda. He wants people in power, such as leaders in education, to get the message that it is immoral to have any connection to fossil fuels.

Green energy, one of Obama’s top agenda items, has the potential to completely change the face of the energy sector in the United States. If Obama has his way and ends coal production and worse, it will make energy very costly for middle class Americans.

It will drag down the country’s standard of living, but that works in sync with Obama’s entitlement society.

The NY Times published an article Monday quoting Obama in a speech two weeks ago at Georgetown University in which he subtly sent that message:

“Convince those in power to reduce our carbon pollution. Push your own communities to adopt smarter practices. Invest. Divest. Remind folks there’s no contradiction between a sound environment and strong economic growth.”

This is an approach he has used successfully before according to the NY Times article. As a student at Occidental College, Obama demanded that trustees divest from the stocks of companies doing business in South Africa under apartheid.

In his speech at Georgetown two weeks ago, Obama was speaking to student organizations like 350.org which are in place in over 300 campuses. He wants students to demand that Universities divest to save the world from the global warming that has not occurred in 16 years.

Obama wants to power up the global green movement and students are one way to help him get there. He wants to change the way we do business and he will spare no expense with our money.

When he was in Africa recently, he told the students at Johannesburg University in Soweto that if everyone has cars, big homes, and air-conditioning, the “planet will boil over.” He wants the youth in this developing nation to not develop too much.

It’s hard to know if he believes what he says or if he simply sees the green movement as a way to further his brand of statism. Either way, the result will be the same – individual freedom will be a thing of the past.


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