Beam me to Planet Gore !
Posted on 08/31/2011 8:59:15 AM PDT by Ernest_at_the_Beach
The problem with planned economics is you build things without concern for market demand
The only thing ‘green’ about green energy or green jobs is the amount greenbacks that have already been flushed down the political toilet.
Well, I can guarantee the building didn’t cost $700 million and I can guarantee not all of the $535 million made it toward the intended use. IOW, somebody stole it!
Thanks for the detail!
SFGate.com link
—
Fremont solar firm Solyndra files for bankruptcy
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2011/08/31/BU1R1KU8G2.DTL
**************************EXCERPT**************************************
Solyndra, whose modules are thin tubes rather than flat panels, gained national attention in 2009 when it won a $535 million loan guarantee from the federal government to build a second factory in Fremont, near the company's headquarters. State and federal officials cited the project as an example of how the green tech industry could generate jobs.
**************************EXCERPT**************************************
Solyndra, whose modules are thin tubes rather than flat panels, gained national attention in 2009 when it won a $535 million loan guarantee from the federal government to build a second factory in Fremont, near the company's headquarters. State and federal officials cited the project as an example of how the green tech industry could generate jobs.
He’ll probably blame the Texas drought for killing all his green shoots.
Is Van Jones around?
Thousand more to go on the public welfare roles.
Compare this to being a Technician for a Civil Engineering Form. A decent Green Job in the Private Sector, in which the company pays about 80,000 a year total for all expenses for an employee of this caliber, and the salary comes around to about $30,000/year. These people are paid to inspect and locate the good and bad environmental test results throughout a given area, they work all day, plus there can be additional inspection work during the weekends or weeknights at times, depending on rainfall. Make a comparison here, and honestly, you can probably see the management differences between the green job types. Not to mention the fact that given that the solar tech firm losing employees, likely people who graduated with degrees in life sciences likely means making the actual field work more competitive. This also can be a little exacerbated given that for field work purposes people can over-qualify, as the company also wants to add a little of their own education and training to the mix.
So who ended up with the money?
Who got the money?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.