Skip to comments.Is This a Joke? President Speaking at Solyndra-esque Solar Plant?
Posted on 03/21/2012 8:35:06 AM PDT by Nachum
President Obama will tout investments in renewable energy Wednesday at the local Copper Mountain Solar 1 plant, although the plant has only five full-time employees. The plant, owned by San Diego-based energy company Sempra, was built in late 2010 at a cost of $141 million. Funding included $42 million in federal-government tax credits and $12 million in tax-rebate commitments from the state of Nevada.
Construction of the plant involved over 300 part-time jobs, but currently only five full-time employees operate the plant, a Sempra spokeswoman confirmed. That comes out to $10.8 million in tax-dollar subsidies per employee
. In addition to wanting to create many new jobs, President Obama has claimed green-energy investment will decrease Americas energy costs and reduce the countrys dependency on foreign oil.
(Excerpt) Read more at nation.foxnews.com ...
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Can’t somebody reign this kid in? It seems there must be some discipline somewhere: Congress? Some wise older heads taking a walk to the White House?? This is all too cartoonish.
Doubling down on stupid with taxpayer money.
Sure it’s a joke! Letterman, Leno, Conan, et al, will be all over this tonight! And just wait for the Saturday Night Live skit! Hoo Hah!
More jobs would be created if the government took the $54 million in singles and started flushing them down the toilet. It would provide more than five jobs to Roto-Rooter employees just keeping the sewers unclogged.
This will lock in above market energy costs to the consumer; for the foreseeable future.
In Reagan’s own words, “There he goes again.” Why aren;t people calling him out on this before the company goes bust like Solyndra? Would have been good to see people protesting this back when he was speaking on behalf of Solyndra back then.
What would Obama then say?
Got the old press secretary mixed up with the new guy Jay Carney. To be fair they both appear to be liberal weasels especially with their smarmy responses and smug looking faces with their beady eyes behind their glasses. Where the crap does the Obama administration find these bozos?
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