RICO Act.
Tea Party!
“green”, as in Gang Green.
(no link)
Take a look at coincidences in solar power deal
Argus, The (Fremont-Newark, CA) - Thursday, October 16, 2008
Author: MediaNews editorial
THERE IS A fascinating relationship tied to a breakthrough solar-energy complex near the Mojave Desert Preserve. What is significant about this is the players involved stand to make a handsome sum of money becoming the first solar-generating station on U.S. Bureau of Land Management land.
A report by The Associated Press mapped out a relationship that goes as high as California Gov. Arnold Schwarzenegger and as broad as some of the nation’s most successful companies, including San Ramon-based Chevron Corp. and Mountain View-based Google. At stake is a project that could be in the forefront of solar power at a time when the nation faces high fuel costs and potential climate change. Research shows a project like this, with sunlight reflecting off more than 200,000 mirrors in the desert, could potentially power the nation.
Robert F. Kennedy Jr. is cousin to first lady Maria Shriver and Terry Tamminen was state Environmental Protection Secretary under Schwarzenegger. The two were named senior advisers at Silicon Valley-based VantagePoint Venture Partners last year. VantagePoint has a major stake in Oakland-based startup BrightSource Energy, which is planning to spend $2 billion to construct solar power plants along the Nevada border, and has locked up a deal to sell electricity to PG&E, enough to power 321,000 homes annually. While Kennedy and Tamminen are not working on the BrightSource application submitted to the state a year ago, they still stand to profit greatly if the projects gets the go-ahead from state regulators.
Meanwhile, VantagePoint is BrightSource ‘s biggest investor, utilizing financing from Chevron Technology Ventures, Google.org and J.P. Morgan. Chevron has donated more than $690,000 to Schwarzenegger’s political ventures, and VantagePoint executives have also donated directly or indirectly to the governor. Is it a coincidence that Schwarzenegger has been pushing hard for Californians toward solar power? Is it a coincidence that Schwarzenegger was at center stage at a conference for Mexican and U.S. governors where Kennedy gave an endorsement for BrightSource ? Is it a coincidence that Schwarzenegger introduced BrightSource CEO John Woolard, who is also a senior adviser at VantagePoint, at the governors conference in August?
(snip)
45 posted on Saturday, March 21, 2009 2:32:44 PM by maggief
http://www.freerepublic.com/focus/f-news/2211239/posts
Feinstein seeks monument status for desert swath
AP on Mercury News ^ | 3/20/09 | Kevin Freking - ap
And no one said “Why is a Kennedy getting 1.4 BILLION?
The scale of the theft of our money makes all the loot stolen by all of organized crime of the last 100 years look like pin money.
Will the MSM bury this story too? With the Kennedy name involved, they may have to, unlike Solyndra et. al.
This could be a big, big, problem for the Obama administration.
ask not what you can do for your country
Democrats need tax rates high so they can steal more taxes.
The biofuels money will include $450 million for demonstration biorefineries, says DOE's Sanjay Wagle
Already the energy department has doled out $3.4 billion in smart grid funding to 100 projects in an announcement it made late last month.
Another dozen loan guarantee candidates are in the pipeline, he said.
UGH!
http://arpa-e.energy.gov/Portals/0/Images/About/Team/Sanjay%20Wagle_144x180.jpg
Sanjay Wagle is Associate Director for Commercialization at ARPA-E, where he leads the organization’s commercialization program to help breakthrough energy technologies succeed in the marketplace.
Before joining ARPA-E, Wagle served as Renewable Energy Advisor in the U.S. Department of Energy (DOE), helping to oversee implementation of grants and tax credits as part of DOE’s $36.7 billion of American Recovery and Reinvestment Act programs.
Wagle comes to DOE from Silicon Valley, where he had a career as an investor in clean energy technologies, most recently as a Principal in the venture capital firm VantagePoint Venture Partners, a leading investor in renewable energy and clean technology companies, with over $1 billion committed to the sector. Prior to that, he was a Founding Principal of Expansion Capital Partners, one of the early venture capital firms investing in clean technologies. Wagle had previously served as an Investment Officer at the International Finance Corporation, a unit of the World Bank, where he led the financing of private sector power, transport, and water projects.
Wagle holds a B.A. from Harvard University and an M.B.A. from the University of California at Berkeley.
******
Advanced Research Projects Agency—Energy (ARPA-E) within the Department of Energy (DOE).
ARPA-E focuses exclusively on high risk, high payoff concepts - technologies promising genuine transformation in the ways we generate, store and utilize energy.
http://arpa-e.energy.gov/About/Mission.aspx
******
08/30/2011
Vice President Biden Announces New Private Sector Backing for Five Pioneering Energy Companies
The five companies attracting more than $100 million in private financing that were highlighted by the Vice President include:
Phononic Devices (Raleigh, NC) - ARPA-E funding $3 million – private funding $11 million
Phononic Devices is designing devices to capture wasted heat produced by factories, power plants and vehicles, and convert it directly into usable electric power. These “thermoelectric” devices are also being designed to remove heat so they can be used as efficient cooling systems.
Primus Power (Hayward, CA) - ARPA-E funding $2 million – private funding $11 million
Primus Power has developed a battery using high energy fluids that are pumped throughout the battery. This “flow battery” can store renewable energy such as wind and solar power and then release that energy into the grid during peak load times.
OPX Biotechnologies (Boulder, CO) - ARPA-E funding $6 million – private funding $36.5 million
Scientists at OPX Biotechnologies are developing bacteria to produce a liquid biofuel using electricity and carbon dioxide. This liquid biofuel is being designed to replace petroleum fuel at a competitive cost. The project combines OPX’s technological capabilities with expertise in bacteria from the National Renewable Energy Laboratory (NREL).
Stanford University (Stanford, CA) - ARPA-E funding $1.5 million – private funding $25 million
Professor Fritz Prinz at Stanford University is commercializing a new type of energy storage device that will perform many of the same jobs as a normal battery. It will also deliver greater energy and power and withstand 1,000s of charges without showing a significant drop in performance.
Transphorm (Goleta, CA) - ARPA-E funding $3 million – private funding $25 million
Transphorm is developing compact and efficient semiconductor devices that can quickly switch electrical currents. The aim is to reduce wasted power from electric motors, thereby reducing energy consumption.
http://arpa-e.energy.gov/media/news/tabid/83/vw/1/itemid/35/Default.aspx
Eff’ing Kennedys are still screwing America.
Waiting for the MSM to cover this like the huge scandal it is
bkmk
It's ALWAYS About the Money
Written by Melanie MorganWednesday, 16 November 2011 08:36
Bobby Kennedy, Jr. may act like a idiot on TV, but he appears to be smart enough to grab a billion bucks and change from our pockets.
Author Peter Schweizer has been following the money crumbs and discovers political cronyism has plumped up Kennedy's coffers.
Big Government, by Wynton Hall Original Article "....President John F. Kennedy’s nephew, Robert Kennedy, Jr., netted a $1.4 billion bailout for his company, BrightSource, through a loan guarantee issued by a former employee-turned Department of Energy official. It’s just one more in a string of eye-opening revelations by investigative journalist and Breitbart editor Peter Schweizer in his explosive new book, Throw Them All Out. The details of how BrightSource managed to land its ten-figure taxpayer bailout have yet to emerge fully. However, one clue might be found in the person of Sanjay Wagle. Wagle was one of the principals in Kennedy’s..."
ping
