Here is a feel good story for a Sunday. Obama held a party and no one came. At least for now. Be sure though that he will twist a few arms to find some lucky benefactor of his largess willing to step out in the wind or sun for a buck or two. What he wants to do is tie up hundreds of thousands of acres so no other form of extracting resources will occur that might benefit you and me. Here we go:
The Obama administration has been pretty jazzed about their sweet plans to auction off leases for certain parcels of the one-third of the surface area of the United States they control, largely in the western United States, for the express purposes of developing wind and solar farms to which they hope they’ll be able to point as evidence of the success of their not-quite-”all of the above” energy agenda
I think it’s safe to surmise that the day was something of a letdown for them, via the Denver Business Journal:
The nation’s first federally run auction for a chance to develop solar power projects on public lands was a bust.
“We did not have any bidders come to the sale and we did not receive any sealed bids on the sale,” BLM spokeswoman Vanessa Lacayo said. …
“The BLM had received interest in developing the sites, that’s why we moved forward,” she said. “It’s hard to say why we didn’t have any bidders.” …
“We will evaluate today’s auction as we look at future opportunities to offer lands in Solar Energy Zones for development, both in Colorado and other Western states,” the statement said.
H/T: Hot Air