To: StolarStorm
The Department of Energys Loan Guarantee Program provided over $1 billion in loan support for the biofuels project. Why do I feel like this is the only reason they are into this?
9 posted on
08/25/2011 9:06:14 AM PDT by
Red_Devil 232
(VietVet - USMC All Ready On The Right? All Ready On The Left? All Ready On The Firing Line!)
To: Red_Devil 232
A loan guarantee isn't exactly free money. As of now, they aren't using it and may not. But regardless, if loan guarantees are available ... and they have a good process that wouldn't require future federal dollar inputs ... I don't see a negative to that.
Unlike welfare, it really would be an investment.
All I know is that we need to be energy independent; drill more, build nuclear plants and get viable biofuel plants going. I hate that my money finds its way into the pockets of our enemies.
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