Thomas Lifson
American Thinker
3/20/2012
Why on earth did President Obama offer algae as a solution to America’s energy problems?…An answer may lie in his addiction to crony capitalism…
Solazyme, a San Francisco-based firm that specializes in the plant matter, has received more than $25 million in federal grants and contracts as part of Obama administration’s controversial stimulus package, and is poised to receive millions more as part of the president’s recent efforts to promote green biofuels such as algae.
The firm employs a former member of the Obama-Biden transition team who, according to one online bio, “played a key role in developing the energy provisions in the economic stimulus bill.”
TJ Glauthier, who is listed as a “strategic adviser” and corporate board member, previously held a number of high-ranking posts in the Clinton Administration, including deputy secretary and chief operating officer of the U.S. Department of Energy.
Glauthier’s bio on the Solazyme website used to note that he “focused primarily on the energy portion of the economic stimulus bill,” but has since been amended to remove all reference to his work in the Obama administration…
Read the complete article at the American Thinker.
