Posted on 11/07/2011 8:36:30 AM PST by QT3.14
As nearly 3 million people in the Northeast shivered with no power after the freak snowstorm nine days ago -- thanks, in part, to a decaying electricity-delivery system -- yet another green energy company backed by President Obama bit the dust.
Does Washington ever think about its priorities?
Meet Massachusetts-based Beacon Energy, the East Coasts answer to Solyndra.
Beacon was awarded a $43 million federal loan guarantee to build a power-storage station east of Albany that would reduce greenhouse-gas emissions. It also scooped up a $24 million stimulus grant in 2009.
(Excerpt) Read more at nypost.com ...
bttt
Is this the other reason?
That’s what they get for electing socialists.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.