- President Obama’s Energy Secretary, Steven Chu who infamously said, “We have to figure out how to boost the price of gasoline to the levels in Europe.”
Posted on 09/13/2012 8:33:39 AM PDT by bronxville
[...]
List Of Failed Green Energy Jobs & Companies...
7/19/12: The Amonix Solar: FAIL – manufacturing plant in North Las Vegas, subsidized by more than $20 million in federal tax credits and grants given by Obama Administration, has closed its 214,000 square foot facility a year after it opened.
Solar Trust of America: FAIL - Filed Bankruptcy in Oakland, CA, April 3, 2012 – On April 2, 2012
Bright Source: FAIL - Bright Source warned Obama’s Energy Department officials in March 2011 that delays in approving a $1.6 billion U.S. loan guarantee would embarrass the White House and force the solar-energy company to close. Lost Billions of dollars but Getting More Money To Keep Trying. Can you say, “This isnt working?”
Solyndra: FAIL - Obama gave Solyndra $500,000,000 in taxpayer money and Solyndra shut its doors and laid off 1100 workers in August 2011 After Billions in Losses due to failure to make a solar product that works!
LSP Energy: FAIL - LSPEnergy LP filed bankruptcy protection and a sale of its assets in Feb 2012 Energy Conversion Devices: FAIL – On February 14, 2012 Energy Conversion Devices, Inc. and its subsidiaries filed for bankruptcy
Abound Solar: FAIL - Abound Solar received a $400 million loan guarantee from Barack Obama announced in June, 2012 that it would file for bankruptcy
SunPower: FAIL – SunPower stopped producing solar cells last year at near bankruptcy restructured only with help of, get this, oil giant TOTAL who owns 60% stake. Irony! Still struggling…
Beacon Power: FAIL – Beacon Power Corp filed for bankruptcy Oct 2011 just a year after Obama approved $43 million loan Government loan guarantee
Ecotality: FAIL - ECOtality, a San Francisco green-tech company that never earned any money on the verge of bankruptcy after receiving roughly $115 million in two loan guarantees from Obama
A123 Solar: FAIL-A123 received $279 million from taxpayers thanks to President Obama’s Department of Energy loan guarantees and after Solyndra bankruptcy is getting another $500M from Obama and it has lost $400M
UniSolar: FAIL - Uni-Solar filed for Ch 11 bankruptcy in June 20 this year laid off hundreds got more Obama money still failing but still in business
Azure Dynamics: FAIL - Azure Dynamics files for bankruptcy in June ter millions in Obama “Stimulus”
Evergreen Solar: FAIL - Evergreen Solar received $527 Million in Taxpayer money from Obama filed bankruptcy
Ener1: FAIL received more than $100 million in government funding from the Obama administration filed for bankruptcy January 2012
Update: In May 2012 Obama visited a dusty, desert town 30 miles outside Las Vegas Wednesday to declare he’s doubling down on failed federal efforts to boost the solar industry which has NEVER proven to produce a single working product. Like Socialism, no evidence ot works, but they just keep doubling down on the failed ideals!.
Republicans believe Obama is gambling with taxpayer dollars as he continues to aggressively push alternative forms of energy proven to be more than 20 years off in working effectively and being affordable. After the failure of Solyndra, which resulted in the loss of half a billion dollars in taxpayer dollars President Obama is going to give America more of teh same: FAIL. [...]
- President Obama’s Energy Secretary, Steven Chu who infamously said, “We have to figure out how to boost the price of gasoline to the levels in Europe.”
What we really need to know is how much of this money came back to Obama in the form of Campaign Contributions.
Plus we need to know the identities of the officers, directors, managers and stockholders of each company.
bingo
The way they move money they steal around.
More Solyndra-style failure: Obama-tied Amonix Inc lays off most of company
By Neil Munro - The Daily Caller – Mon, Jan 30, 2012.
Some of President Barack Obama’s top donors and fundraising bundlers are partners in Amonix Inc., the latest Solyndra-like corporate crash. The company has announced a layoff of 200 workers — two-thirds of its workforce — despite a federal green-technology tax credit of $5.9 million in 2010.
The investors include John Doerr’s venture capital firm Kleiner Perkins Caufield & Byers, Daniel Weiss’ Angeleno Group LLC and Steve Westly’s eponymous Westly Group, according to Amonix’s website.
These three investors have also invested heavily in Obama and other Democrats — and the president’s aides are now trying to minimize the political damage.
According to a database maintained by the Center for Responsive Politics,
Doerr has donated $171,900 since 2008.
Weiss has donated $26,480 and
Westly has donated $181,250.
Nearly all of those contributions went to Democrats.
Together, the three have also bundled at least $700,000 for Obama.
Obama publicly lauded Amonix in 2010 as an example of a company deserving federal support and private-sector investment.
Former Massachusetts Gov. Mitt Romney and other GOP figures are portraying these mutual favors as “crony capitalism,” and the charges are adding up to a real political headache for the administration....
http://news.yahoo.com/more-solyndra-style-failure-obama-tied-amonix-inc-175632088.html
It took a few seconds to find the info for the first on the list.
Bookmarked.
bookmark
But not on the list but I am waiting for the Ben Stein rountine ala Ferris Buhler's day off...
Fisker, Fisker, Fisker, Anyone ?
bttt
- Al Gore and John Doerr's –– the "climate duo," whose combined carbon footprint is larger than my entire city –– friendship dates as far back as the 90's. Since being converted to “global warming” by Gore in 2005 with “a convenient hype," Doerr has become a “green evangelist,” with his climate crisis message, “I’m really scared, I don’t think we’re gonna make it.” At the same time Doerr continually markets energy as “the mother of all markets” –– $6 trillion a year worldwide..... http://greencorruption.blogspot.com/#!/2012/04/green-corruption-plot-thickens.html
Reference to John Doerr - see post #6
Read More:
http://greencorruption.blogspot.com/#!/2012/04/green-corruption-plot-thickens.html
Exactly what I was thinking. I want another column there with their contributions to him.
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