Too late... they probably spent it all already on political contributions for the Rats.
Evergreen was a Ponzi scheme from day one.
Yet another adverse consequence of governments picking winners & losers using tax-payer money.
This reminds me of the Michigan funding of a fraudulent film business.
Evergreen was given $58 million in taxpayer dollars. The company is is debt $630 million. It’s a green company. That’s all that matters to the elites.
But — but — but — we can’t reach any sort of reasonable conclusion on this until we hear from ALGORE!!\\
Any Freepers know the number at his new California mansion?
{QUEUE BACKGROUND MUSIC:”THANKS FOR THE MEMORIES(AND THE CASH)”}
Boy, if they get that money back, they should invest it in something practical like wind energy.
$58 million
They could have given 116 existing small businesses that have been providing jobs and paying taxes $500,000 each to spend on improving their facilities, with the money to be spent locally and within 2 years. That would be economic stimulus and job creation.
This corporate welfare thing needs to end. I support offering end-users a rebate to go green with USA made products as a national security issue. Get us off of Middle east oil. I do not support welfare incentives to corporations because it always involves graft and corruption.
In my area we gave incentives to corporations to build call centers and they were quickly moved off shore when the money was gone. You can bet the politicians got kickbacks while the money came out of our pocket. Between the boondoggles of farm subsidies, ethanol, Wall Street bailouts, economic development giveaways, sports stadiums built by taxpayers so they can pro pay jocks $50 million we could have deficits lowered significantly. It is all about corruption.