Posted on 04/18/2012 6:11:14 PM PDT by raptor22
Green Energy: Another day and another set of layoffs at a Department of Energy-backed solar company and an electric-car maker funded with stimulus dollars. Yet the President wants to double down on green energy.
First Solar, a solar energy company that received a $1.46 billion loan guarantee from the Department of Energy, announced Monday it will lay off 2,000 workers worldwide. In December, First Solar laid off 100 employees at a Santa Clara , Calif., plant.
The DOE has committed the loan to a project in Riverside County, Calif., expected to create a whopping 15 permanent jobs and 550 construction jobs.
Contrast this boondoggle with the privately funded Keystone XL pipeline, delayed by President Obama over alleged environmental concerns, which would create 20,000 jobs initially and perhaps 10 times that over the life of the project. It will bring 800,000 barrels of oil daily to U.S. refineries, whether the sun shines or not.
Last Friday, Delaware Online reports, 12 more workers — including engineers and maintenance technicians — were laid off at Fisker Automotive's plant in Wilmington, Del., an old General Motors facility.
Originally Fisker was to build its $107,850 dream car, the electric Fisker Karma, there. The Karma, which Consumer Reports labeled "undrivable" after it had to be towed away after a test drive, is being built by Valmet in Finland. Fisker Automotive is the recipient of a $529 million federal government loan guarantee.
(Excerpt) Read more at news.investors.com ...
I’m gonna start my own company where we’ll turn chicken shit into electricity. I don’t own any chickens, but I’ll find some.
Now where’s my $500,000,000 ‘loan’? (the checks are in the mail Barry!)
First you have to give zero a bunch of money then once he deigns to speak to you there will be a promise you have to make to kickback his campaign fund a good $ of the taxpayer dollars he gives you.
The DOE is a laundry for the Obama campaign.
First you have to give zero a bunch of money then once he deigns to speak to you there will be a promise you have to make to kickback his campaign fund a good $ of the taxpayer dollars he gives you.
The DOE is a laundry for the Obama campaign.
It’s not about energy- it’s about Monet laundering to the DNC.
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