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  • Drip, Drip, Drip: Yet Another Green Energy Stimulus Recipient Hits the Skids (the third this week!)

    01/29/2012 12:41:03 AM PST · by ApplegateRanch · 10 replies
    Global Warming.org ^ | JANUARY 27, 2012 | WILLIAM YEATMAN
    Earlier this week, Stimulus beneficiary Evergreen Energy bit the dust. Then, Ener1, a manufacturer of batteries for electric vehicles and recipient of Stimulus largesse, filed for bankruptcy. And today, the Las Vegas Sun reports that Amonix, Inc., a manufacturer of solar panels that received $5.9 million from the Porkulus, will cut two-thirds of its workforce, about 200 employees, only seven months after opening a factory in Nevada. I foresaw this spate of bad news last November. As I explained yesterday, In a previous post, I compared renewable energy spending in the 2009 Stimulus to a green albatross burdening the President....