More on Obama's Green Dream Machine from IBD:

The Obama administration promised a future with a clean, green economy. Instead, it's left us with failed government "investments" in projects driven by politics rather than prudence.
While campaigning for the presidency in 2008, Barack Obama swore he'd create millions of green jobs.

"We'll invest $15 billion a year over the next decade in renewable energy, creating 5 million new green jobs that pay well, can't be outsourced and help end our dependence on foreign oil," he said that fall.

Three years into the Obama presidency, the country has yet to see a wave of green-collar jobs. What it has seen is government pouring taxpayers' money into pet projects that wasted the cash. A particularly sore example is Solyndra, which not only went bankrupt after taking in more than $500 million in taxpayers' dollars, but also became the target of an FBI probe.