Skip to comments.Reid,Sandoval praise $5.5B clean energy investment
Posted on 03/20/2014 5:51:06 PM PDT by mdittmar
Las Vegas, NV (KTNV) -- A new report shows at least $5.5 billion has been invested in Nevada's clean energy sector since 2010.
Senate Majority Leader Harry Reid and Governor Brian Sandoval held a press conference Thursday at the solar-powered Welcome to Fabulous Las Vegas Sign to highlight the report.
It was produced by the non-profit Clean Energy Project. The Las Vegas-based group advocates renewable energy projects.
"We've excelled when it comes to attracting renewable energy to our state and we want to let everyone know if you have a proposed project that we are ready, willing and able to work with you and bring you here," said Gov. Sandoval.
Reid said he's proud that new energy investment is creating jobs, but said there is more that needs to be done. He said tax incentives and a speedy permitting process for projects on public land could help boost the industry further.
The report also noted Nevada will host conferences this year for wind, geothermal and solar energy trade groups, as well as the National Clean Energy Summit 7.0.
A $5.5 billion payoff from the treasury to political friends.
Electric Vehicle Battery Subsidy Failures Evident Early On. Former Gov. Granholm defends her policies.
The state and federal government awarded more than $1.4 billion in tax credits and direct subsidies to four companies A123 Systems, Dow Kokam, Johnson Controls and L.G. Chem. Nearly $600 million in federal money alone was spent. Three of the companies went bankrupt and all have missed their job projections by a long shot.
About 6,826 jobs were predicted, according to information in the Free Press article. The four companies have about 575 total employees today, less than a tenth of what was projected.
$5.5 billion payoff from us,and if thats harry reid ,I’m Clint Eastwood;)
“He said tax incentives and a speedy permitting process for projects on public land could help boost the industry further.”
Jees Harry. Do you mean govt hoops slow stuff down? Maybe you should look into making a speedy permitting process available to all businesses.
Sandoval caved on sodomy...now he is hyping this crap?
What kind of Republicans are taking over in Nevada???
Luv that gigantic mirror farm just before Vegas so we can stop and adore ourselves for so much beauty in the world.
I’ll take my leave from yer lawn....
And these wannabe's think they can manage $5.5B of clean energy development?!
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