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Keyword: frackingtaskforce

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  • BrightSource and the Fracking Task Force

    04/18/2012 7:42:10 PM PDT · by neverdem · 3 replies
    American Thinker ^ | April 16, 2012 | Jeffrey Folks
    Bad stuff always happens on Friday the 13th. So it was on Friday that BrightSource Energy, the large solar energy company that has already received $868 million of a $1.6-billion loan guarantee, canceled its IPO application. And that same day, President Obama appointed Heather Zichal to head a new high-level task force to coordinate regulation of hydraulic fracking. The two events, both highly inauspicious, were not unrelated. The connection is simple and obvious: in order to prop up failing solar companies, Obama needs to force natural gas prices higher. Solar energy companies like BrightSource can't seem to compete without government...