Posted on 10/30/2013 3:07:52 PM PDT by lowbridge
A Colorado-based solar company that got hundreds of millions of dollars in federal loan guarantees before going belly-up didn't just empty taxpayers' wallets - it left behind a toxic mess of carcinogens, broken glass and contaminated water, according to a new report.
The Abound Solar plant, which got $400 million in federal loan guarantees in 2010, when the Obama administration sought to use stimulus funds to promote green energy, filed for bankruptcy two years later. Now its Longmont, Colo., facility sits unoccupied, its 37,000 square feet littered with hazardous waste, broken glass and contaminated water. The Northern Colorado Business Report estimates it will cost up to $3.7 million to clean and repair the building so it can again be leased.
“As lawyers, regulators, bankruptcy officials and the landlord spar over the case, the building lies in disrepair, too contaminated to lease,” the report stated.
The owner of the property tried to force a bankruptcy trustee to clean the facility, but the report said it would "place humans at imminent and significant health risk." One of the hazards is the presence of cadmium, a cancer-causing agent that is used to produce the film on the solar panels, the report said.
While the loan guarantees exposed taxpayers to hundreds of millions of dollars, the federal government lost a total of $70 million backing the failed company.
(Excerpt) Read more at foxnews.com ...
When will the EPA list “healthcare.gov” as a toxic site?
Press 1 for “What difference, at this point, does it make?”
Press 2 for “I was not made aware of...
Press 3 for “The previous administration...”
Press 4 for “Let me be clear....”
Press 5 for “The Republicans have blocked....”
Press 6 for “Another phony scandal”
Is that after you press 1 for Spanish, 2 for French and 3 for Korean?? (I think for English you need to press *10096).
It comes after Wymysory(*) that you need to press *10095 to listen to, but before Yola (**).
*Wymysorys or Wilamowicean (Wymysöryś) is a Central German dialect that is spoken by about 70 people, most of them elderly.
** Yola, is an extinct variety of English once spoken in the baronies of Forth and Bargy in County Wexford, Ireland
The story they should be following!
This is connected:
Counting the Democrat Bodies Involved in a Taxpayer-Guaranteed Loan
Sounds about like what THE FOREIGNERS REGIME is doing to the country.
It would be interesting to see where all that money went to?
Exactly right
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