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$1.3 billion in ‘clean energy’ subsidies produce 288 jobs, quadruple cost of electricity in NV
Nevada Journal ^ | August 7, 2012 | Kyle Gillis

Posted on 08/07/2012 3:21:58 PM PDT by NevadaPolicyResearchInstitute

LAS VEGAS — As U.S. Senate Majority Leader Harry Reid prepares to host his fifth annual National Clean Energy Summit on Aug. 7, a Nevada Journal examination of Nevada’s renewable energy sector shows that over $1.3 billion in federal funds funneled into geothermal, solar and wind projects since 2009 has yielded and is projected to yield just 288 permanent, full-time jobs.

That’s an initial cost of over $4.6 million per job.

Despite this, Sen. Reid continues to hype Nevada as the “Saudi Arabia of renewable energy,” even though the renewable energy subsidized with federal dollars and mandated under Nevada’s Renewable Portfolio Standard costs consumers and NV Energy, Nevada’s publicly regulated utility company, up to four times as much as fossil fuels, such as natural gas.

Even with these government-granted advantages, the few clean-energy jobs in the state of Nevada are still precarious.

(Excerpt) Read more at nevadajournal.com ...


TOPICS: Government; Politics; Science
KEYWORDS: energy; greenenergy; reid; subsidies

1 posted on 08/07/2012 3:22:09 PM PDT by NevadaPolicyResearchInstitute
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To: NevadaPolicyResearchInstitute
These “green” companies were never about producing energy or employing Americans. The sole purpose of providing these loan & grants was to enrich Democrats, especially Obama.

I guarantee you 100% of these companies made substantial, multimillion dollar political donations to Rats using company funds.

2 posted on 08/07/2012 3:41:51 PM PDT by Mister Da (The mark of a wise man is not what he knows, but what he knows he doesn't know!)
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To: NevadaPolicyResearchInstitute
Why is it that these reports do not include a breakdown of where the money went? How much are the employees paid? How much are the 'top brass' taking? How much is being put into hardware, offices, etc?

What's also confusing is the report constantly states that a company 'received, or is eligible for...'. So it leaves unclear whether the company took all the money (some of which are only loan guarantees. Possibly not all the companies have taken their full 'allotment' of available money (yet), especially the ones with only two, or five, FT employees (the report leaves out how many PT employees are there, if any).

Still, I'd like to see where the money is going. What do I need, an FOIA request?

3 posted on 08/07/2012 4:03:28 PM PDT by jeffc (The U.S. media are our enemy)
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To: NevadaPolicyResearchInstitute

so, he is still a pedifile rapist. I have sources!


4 posted on 08/07/2012 4:11:23 PM PDT by Cyclone59 (Obama is like Ron Burgundy - he will read ANYTHING that is on the teleprompter)
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To: Cyclone59

My sources tell me that he is waist deep in mob activity.


5 posted on 08/07/2012 4:22:16 PM PDT by Internet Walnut
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additional:

http://www.freerepublic.com/focus/news/2915738/posts


6 posted on 08/07/2012 7:20:04 PM PDT by SunkenCiv (https://secure.freerepublic.com/donate/)
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