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Thought it couldn't get any worse than Solyndra? ($1.37 B federal loan guarantee for another one)
WorldnetDaily ^ | 09/27/2011 | Aaron Klein

Posted on 09/27/2011 7:10:28 AM PDT by SeekAndFind

President Obama's nominee for Commerce secretary served as chairman of the board of a solar energy company that recently received a $1.37 billion federal loan guarantee – the largest the Department of Energy has ever given for a solar power project.

Now that company, BrightSource Energy, is attempting to build the world's largest solar power plant amid concerns such ventures may be too risky an investment for the federal government.

In June, BrightSource Chairman John Bryson was nominated by Obama to head the Commerce Department.

WND reported in June that Bryson co-founded an environmental activist group that is a member and funder of the controversial Apollo Alliance.

Read what we'll need to accomplish to restore America to greatness.

Apollo is run by a slew of socialists and radicals, including Jeff Jones, a founder of the Weather Underground domestic terrorist organization. Jones himself boasts of doing work for the environmental group founded by Bryson, the Natural Resources Defense Council.

Bryson served until June as co-chairman of the Pacific Council on International Policy, a globalist organization whose members can be found throughout the Obama administration.

The massive loan guarantee to BrightSource is meant to build an expensive California desert solar plant known as the Ivanpah Solar Electric Generating System.

The system will feature mirrors that reflect sun toward a massive central tower that is in turn heated to produce steam meant to spin turbines to produce electricity.

The size of the BrightSource plant is thought to produce enough power to meet the needs of hundreds of thousands of Californians.

During a national address last October, Obama mentioned the possible benefits of BrightSource Energy's "revolutionary new type of solar power plant."

However, some have doubted that the massive solar plant will actually work.

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


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: loanguarantee; solarpower; solyndra
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To: Myrddin

The only people they could get to clean those panels are on the other side of the border....well a few of them are still there.


21 posted on 09/27/2011 10:45:17 AM PDT by Recon Dad ( I'm not a vegetarian, but I eat animals who are”)
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To: Recon Dad
Southern Cal doesn't have a surplus of water. There would be much consternation at using the necessary volume of water to do the cleaning. The laborers involved aren't even part of the consideration.
22 posted on 09/27/2011 2:05:10 PM PDT by Myrddin
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