“...........Nevada Sen. Harry Reid is a big advocate of clean energy and hosts a National Clean Energy Summit every August in Las Vegas; Musk spoke at the summit in 2012. And Nevada Gov. Brian Sandoval has met with executives from Tesla to make the state’s case to be the site of the Gigafactory.
“Tesla is an exceptional company, and we are honored to be included in their list of finalists,” said Steve Hill, director of Sandoval’s Office of Economic Development. “Our office has been working with the regional development authorities and local governments to highlight what Nevada offers: a skilled workforce, responsive workforce development and training programs, exceptional quality of life, great schools, low operating costs, and a commitment from the state of Nevada to provide the climate necessary for innovative businesses to thrive.”.....
“......In November, SolarCity announced that the contract would move forward, as a debit and finance deal with Bank of America Merrill Lynch. Why would Bank of America take that risk? The undeniable conclusion is that tax benefits drive this plan. SolarCity and the other major solar companies have routinely found financial partners such as Google, U.S. Bancorp, Credit Suisse and Citigroup. Heck, even Al Gore is a major investor in SolarCity.
Despite losing the loan guarantee, SolarCity still wins big at taxpayer expense by leasing these systems back to the US government. The $1 billion dollar military projects contract from the government to SolarCiry demonstrates that despite the failure of projects like Solyndra, Obama continues to support his green energy cronies. When you follow the trail, it’s no surprise groups like Organizing for Action are joining the net metering debate here in Arizona.”......
“......The absence of signed contracts, however, has not prevented elected officials from publicly promoting the deals and taking credit for government-subsidized job creation in high-profile press events.
At an Aug. 14 ribbon cutting in Las Vegas for a new office of Catalyst Fund recipient SolarCity, Gov. Sandoval was flanked by U.S. Senate Majority Leader Harry Reid, U.S. Representative Joe Heck, Clark County Commissioner Steve Sisolak and five state legislators.
Reid, according to Las Vegas CBS KXNT, said Nevada had “spared the company the ‘bureaucratic garbage’ it might have encountered in the other states.” SolarCity, which received a $1.2 million GOED award, is also a major recipient of federal largesse.
Previously, in June, Nevada Journal — in accord with Nevada’s Public Records Act — had requested copies of all signed agreements, which would have included SolarCity’s $1.2 million GOED subsidy.....”
http://nevadajournal.com/2014/02/03/nevadas-catalyst-fund-millions-pledged-without-signed-contracts/