Obama's Big Green Albatross

Barack Obama may believe a lot of things, but he probably doesn't believe the Sierra Club is key to his re-election. His decision to nix the Keystone XL pipeline will cost him votes but he did it anyway.
We'll admit that Mr. Obama's global warming talk has often seemed to us perfunctory. Perhaps we mistook his lack of heat for a lack of conviction. He just released his first 2012 campaign ad and it's a paean to green energy. Maybe he's no less a believer than Al Gore, for all the problems this might seem to pose for what we thought we knew about our president.
 ...
The truth is, the theory may be popular, but the evidence has thus far eluded the tens of billions spent on climate science. The temperature data are so noisy that they reveal no pattern connecting rising CO2 in the industrial age with temperature trends. Some say because CO2 is a "greenhouse" gas, shut up, case closed. But the known relationship between carbon and climate doesn't actually indicate a big reason to worry. 
To produce worrisome scenarios, climate models must posit "feedbacks" that magnify the impact of CO2 by 300% to 500%. A cynic notices that these models became especially popular in the '90s, when measured warming exceeded what could be attributed to CO2, so new fudge was needed to preserve CO2 as the culprit. 
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Oil, in Mr. Obama's world, is a "Republican" interest group; anything that's good for the oil industry is bad for the alternate power structure he's been trying to build with handouts and mandates for green energy. 
Mr. Obama's relationship with global warming may indeed be perfunctory, but he understands the necessity of shibboleths to rationalize and justify the "investments" he's dishing out to manufacture a support base whose need for subsidies and regulatory favors jibes with the Democratic Party's need for donations. Oil sands are the "dirtiest" fossil energy, requiring great releases of CO2. To approve Keystone, then, not only would undermine his side's crucial shibboleths. It would compromise his own credibility as a leader who can be trusted to deny advantage to "Republican" industries and deliver it to "Democratic" ones....
But Big Green has been a big flop and Obama's rhetoric cannot cover up the failures of his "investments" in big green.   Those failures are going to be a part of the election issues the Republicans will push in 2012 no matter who the nominee is.  The public strongly favors the Keystone pipeline and Obama is already on the defensive about it.

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