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U.S. Government Investing $500M in Solar Power Projects—In India
Cybercast News Service ^ | 8/17/11 | Terence P. Jeffrey

Posted on 08/17/2011 5:14:05 PM PDT by Nachum

(CNSNews.com) - The U.S. Export-Import Bank, an independent agency of the federal government, says that it has $500 million in loans in the “pipeline” to fund new solar energy projects—in India.

The $500 million in new loans will come on top of $75 million in financing that the Export-Import Bank has already provided this year for solar power projects in India.

“In fiscal year 2011 to date, the Bank has approved financing totaling approximately $75 million for four solar projects in India,” the bank said in a July 18 press release. “The Bank also has about $500 million of India solar projects in the pipeline that will generate an estimated 315 MW of solar power.”

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


TOPICS: News/Current Events
KEYWORDS: government; investing; power; solar; solarpower
Mr. Deeds goes to Mumbai
1 posted on 08/17/2011 5:14:09 PM PDT by Nachum
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To: Jet Jaguar; NorwegianViking; ExTexasRedhead; HollyB; FromLori; EricTheRed_VocalMinority; ...

The list, ping

Let me know if you would like to be on or off the ping list

http://www.nachumlist.com/


2 posted on 08/17/2011 5:16:40 PM PDT by Nachum (The complete Obama list at www.nachumlist.com)
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To: Nachum

There goes Obamas “laser-like focus on the economy” and shovel ready jobs . . . for India. dammit


3 posted on 08/17/2011 5:16:58 PM PDT by BipolarBob (Yes I backed over the vampire but I swear I didn't see him in the rearview mirror.)
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To: Nachum

They have to finance them in India cause here
the enviros would never let them get built.


4 posted on 08/17/2011 5:17:24 PM PDT by tet68 ( " We would not die in that man's company, that fears his fellowship to die with us...." Henry V.)
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To: Nachum
The U.S. Export-Import Bank, an independent agency of the federal government, says that it has $500 million in loans in the “pipeline” to fund new solar energy projects—in India.

No they don't, Beijing does.

5 posted on 08/17/2011 5:17:33 PM PDT by EGPWS (Trust in God, question everyone else)
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To: Nachum

.

Just add it to the list of idiotic things Obama has done to bankrupt this country:

Obamas 2009 Supplemental Appropriations for Iraq, Afghanistan, Pakistan, and Pandemic Flu was revised and passed by the full committee.
It gives billions http://creepingsharia.wordpress.com/2009/05/1...
of U.S. taxpayer dollars to countries and entities that support Sharia law and/or harbor, hide and support those who want to destroy the U.S. and our allies.
Read the summary from David Obeys office that was quietly released last week with nary a word from any media.

$3.6 billion, matching the request, to expand and improve capabilities of the Afghan security forces

$400 million, as requested, to build the counterinsurgency capabilities of the Pakistani security forces

Afghanistan:$1.52 billion,$86 million above the request

West Bank and Gaza:$665 million in bilateral economic, humanitarian, and security assistance for the West Bank and Gaza

Jordan:$250 million,$250 million above the request, including $100 million for economic and $150 million for security assistance

Egypt:$360 million,$310 million above the request, including $50 million for economic assistance,$50 million for border security, and $260 million for security assistance

Pakistan:$1.9 billion,$591 million above the request

Iraq:$968 million,$336 million above the request

Oversight:$20 million,$13 million above the request, to expand oversight capacity of the State Department, USAID, and the Special Inspector General for Afghanistan to review programs in Afghanistan, Pakistan and Iraq
Lebanon:$74 million

International Food Assistance:$500 million,$200 million above the request, for PL 480 international food assistance to alleviate suffering during the global economic crisis

Refugee Assistance:$343 million,$50 million above the request, including humanitarian assistance for Gaza. Funding for the UN Relief and Works Agency programs in the West Bank and Gaza is limited to $119 million (Note: Gaza = Hamas)

Disaster Assistance:$200 million to avert famines and provide life-saving assistance during natural disasters and for internally displaced people around the world, including Somalia, Zimbabwe, Ethiopia, the Middle East and South Asia

Peacekeeping:$837 million for United Nations
peacekeeping operations, including an expanded mission in the Democratic Republic of the Congo and a new mission in Chad and the Central African Republic

Department of Justice:$17 million, matching the request, for counter-terrorism activities and to provide training and assistance for the Iraqi criminal justice system
Obama gives your tax dollars to rebuild Muslim mosques around the world
http://canadafreepress.com/index.php/article/... #

ACCORDING TO THE ASSOCIATED PRESS, THE OBAMA ADMINISTRATION WILL GIVE AWAY NEARLY $6 MILLION OF AMERICAN TAX DOLLARS TO RESTORE 63 HISTORIC AND CULTURAL SITES, INCLUDING ISLAMIC MOSQUES AND MINARETS, IN 55 NATIONS. See the State Department document here.
http://exchanges.state.gov/media/pdfs/office-...

And THAT’S just the tip of the iceberg.
THIS will blow your mind!!

http://gbk.eads.usaidallnet.gov/
They should have 2010 up, but they don’t. That’s where you’ll find Obama’s largesse towards Muslim countries really go off the charts.
.
http://www.foreignassistance.gov/DataView.aspx

charts:

http://gbk.eads.usaidallnet.gov/data/fast-facts.html

.


6 posted on 08/17/2011 5:19:26 PM PDT by patriot08 (TEXAS GAL- born and bred and proud of it!)
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To: Nachum

Its enough to make your head explode


7 posted on 08/17/2011 5:32:09 PM PDT by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: patriot08

So, put a sell on Google,RAT now, hurry, hurry.


8 posted on 08/17/2011 6:02:05 PM PDT by Waco (Nominate Palin or forget 2012 you lost)
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To: Nachum

Evidently, Obama is a globalist who really wants to “spread the wealth around”. How is this stuff getting passed? Who is in cahoots with him?


9 posted on 08/17/2011 6:11:51 PM PDT by Twinkie
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To: Nachum
"The U.S. Export-Import Bank, an independent agency of the federal government, says that it has $500 million in loans in the “pipeline” to fund new solar energy projects—in India."

I'm sure that will cease, when we have a Republican president.


10 posted on 08/17/2011 6:18:41 PM PDT by familyop (Behold the genius in contemporary political speech.)
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To: Twinkie
Evidently, Obama is a globalist who really wants to “spread the wealth around”. How is this stuff getting passed? Who is in cahoots with him?

If India is wise, it will see through the fraud that this is just a scheme to transfer American taxpayer wealth to Al Gore.

11 posted on 08/17/2011 6:31:16 PM PDT by JimWayne
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To: Nachum

There is a movie libs love (Enron) where it talks about how investing in energy in India (the Bhopal plant) is a very dangerous thing.

It plays good as an interesting doc, but it’s full of classic junk documentary stuff, like blaming Bush for Enron because they were from the same town and used to go to the same parties. But I specifically remember the line about how foolish it was to deal with India and energy. Perhaps someone else remembers better.


12 posted on 08/17/2011 7:22:36 PM PDT by I still care (I miss my friends, bagels, and the NYC skyline - but not the taxes. I love the South.)
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To: Nachum

If the Republicans had any leadership in the House of Representatives they would pass a bill defunding this program. They would also pass separate defunding bills for similar gigantic wastes of money. Then hold a press conference, and send a stack of defunding bills to Harry Reid and the Senate. Harry will have two choices — either put the bills up for a vote or bury them. Either way the Republicans have an issue that will resonate with the voting population.

Too bad this is only a dream.


13 posted on 08/17/2011 7:31:49 PM PDT by Soul of the South (When times are tough the tough get going.)
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To: Nachum

This story is the “green” economy in a nutshell.

Check out Evergreen Solar for a good laugh/cry


14 posted on 08/17/2011 7:45:37 PM PDT by icanhasbailout
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To: familyop

Politician 'Ken' doll

15 posted on 08/18/2011 6:37:44 AM PDT by GailA (Any congress critter who fails to keep faith with the Military, will NOT keep faith with YOU!)
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