Major Solar Company Files for Bankruptcy after California Slashes Subsidies

Slay News ^ | August 6, 2024 | Frank Bergman

[frank ballenger]

When we had capitalism, people rewarded needed and good items with sales. 8 track cartridges and rotary dial phones were left behind.

Today, the socialist Dems reward companies selling unwanted EVs and solar panels, with taxpayer money and incentives.

[DiogenesLamp]

Major Solar Company Files for Bankruptcy after California Slashes Subsidies

Why it's almost as if all these rainbow and unicorn fart companies cannot operate without sucking money out of the taxpayers!

[Sacajaweau]

Imagine that....You do good raking in the government payload.

[ProtectOurFreedom]

How do you like that? A solar company that cannot survive without on-going generous government hand-outs and corporate welfare.

Whoever would have thought that? Let me go find my shocked face.

[jerod]

So... Like all of these ‘green’ initiatives... No taxpayer money, no company.

It’s time to stop throwing money away and start investing it in real energy companies that make real money... Not phony companies that wouldn’t even exist without taxpayer handouts.

[TexasGator]

“Why it’s almost as if all these rainbow and unicorn fart companies cannot operate without sucking money out of the taxpayers!”

Assets were sold and expect to continue operation.

[blackdog]

History repeats itself in ever fewer years cycles.

[jeffersondem]

This is not a complex problem to solve: let California use state money to fund solar and wind to the max.

As long as it's government money and not costing California ratepayes or taxpayers anything - yeah, spend away.

[Nateman]

If you can’t make it without Government subsidies why should the rest of us pay for it?

[BipolarBob]

Who is John Galt Solyndra?

[dynachrome]

“unexpected”

[Gaffer]

Remember Obama Solyndra?

[DAC21]

“changes to California’s rooftop solar subsidy program”

A subsidy program is no way to build a business plan, even with Demonrats in the Whitehouse and the California State Capital.

[Harpotoo]

Just another welfare queen 👸

[TalBlack]

“…regulators are proposing plans for the California government to take control of oil refineries to manage energy price hikes as the state pushes to advance green agenda policies.“

Wow. I had no idea you could do that. Maybe I’ll take control of a few refineries too…

[DiogenesLamp]

Assets were sold and expect to continue operation.

You do like to throw cold water on my rants.

:)

[Fledermaus]

Shocking! Not.

[TexasGator]

“You do like to throw cold water on my rants.”

Nothing personal! :)

[DiogenesLamp]

:)