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Keyword: deptofenergy

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  • Congressman says Dept. of Energy Ending American Centrifuge Project in Piketon

    09/14/2015 8:32:32 PM PDT · by blueyon · 6 replies
    WSAZ ^ | 9/11/15 | By: WSAZ News Staff
    PIKETON, Ohio (WSAZ) -- The Department of Energy has announced they are ending the American Centrifuge Test Demonstration and Operation contract at the Portsmouth Gaseous Diffusion Plant in Piketon, Ohio, according to an Ohio Congressman. This announcement comes after 235 workers at the plant received WARN notices earlier this week saying they may be out of a job in 60 days. At that time, Centrus Energy, which operates the facility, said the contract was set to expire on September 30, and they were hopeful to get funds to continue the cleanup project. The Portsmouth Daily Times reports an email from...
  • GAO shows grade inflation at the Department of Energy (85% failure rate)

    03/15/2012 11:18:41 AM PDT · by SeekAndFind · 1 replies
    Hoatir ^ | 03/15/2012
    Remember this moment from two weeks ago? Rep. Paul Broun (R-GA) challenged Energy Secretary Steven Chu to assign himself a grade specifically on his stewardship of Department of Energy resources in relation to the 2009 stimulus funds granted for the Loan Guarantee Program. After Broun recites a litany of failures in the LGP, Chu insists that he's done very well -- and gives himself an A-minus:CLICK ABOVE LINK FOR THE VIDEO As it turns out, the Government Accountability Office (GAO) has another grade entirely for the LGP, the DoE, and ultimately Energy Secretary Steven Chu. In the report released this...
  • A Tale of Two (More) Bankruptcies (The DOE striked out again, with our money of course)

    10/31/2011 9:14:03 AM PDT · by SeekAndFind · 10 replies
    Hotair ^ | 10/31/2011 | Ed Morrissey
    Stop me if this sounds familiar. The Department of Energy approves multi-million-dollar loan to green-tech energy firm as part of its job-stimulus bill, only instead of stimulating jobs, the company declares bankruptcy. In this case, it only took a year after the loan was granted for Beacon Power to file for protection from its creditors: Beacon Power Corp filed for bankruptcy on Sunday, just a year after the energy storage company received a $43 million loan guarantee from a controversial Department of Energy program.The bankruptcy comes about two months after Solyndra ‚ÄĒ a solar panel maker with a $535 million...
  • Al Gore wangled $529 million taxpayer loan for electric cars made in Finland

    10/22/2011 2:07:45 PM PDT · by Oldpuppymax · 12 replies
    Coach is Right ^ | September 18, 2011 | Doug Book
    A September item from "Coach is Right" blog, just making news in the "legacy media!" Just when you thought crony handouts of taxpayer millions couldnít get much worse than the White House managed Solyndra debacle, along comes the story of global warming shyster Al Gore and fledgling, plug-in hybrid car maker Fisker Automotive, Inc. In 2009, Gore happened to be at an event hosted by the California venture capital firm of Kleiner, Perkins, Caulfield and Byers. Of course, Al happened to be there because he is a PARTNER in the firm. Well low and behold, Fisker CEO Henrik Fisker just...
  • U.S. clean energy loan program could double

    09/16/2011 3:43:53 AM PDT · by Oldeconomybuyer · 11 replies
    CNN Money ^ | September 16, 2001 | By Steve Hargreaves
    The controversial Energy Department loan program that backed a now-bankrupt solar panel maker could nearly double in size by the month's end. The Department of Energy has until Sept. 30 to give 14 companies final approval for loan guarantees totaling over $9 billion. So far the Energy Department has already backed over $10 billion in loans to 18 companies, including a $535 million loan to Solyndra, the solar panel maker that went bankrupt and is now the subject of congressional and FBI investigations. The high-profile bankruptcy is causing some to question whether the rest of the loan guarantees should be...
  • Obama administration doubling down on loan guarantees for renewable energy

    09/15/2011 9:23:46 AM PDT · by maggief · 8 replies
    The Hill ^ | September 15, 2011 | Andrew Restuccia
    The Energy Department (DOE) is not backing down in its efforts to support clean energy companies, despite a Republican push to pummel the Obama administration for approving a $535 million loan guarantee to a now-bankrupt solar firm. The department could approve as many as 15 renewable energy loan guarantees by the end of the month when a program launched under the stimulus law ends. The approvals could open up the Obama administration to more criticism from Republicans, who have raised broad concerns about the administrationís investments in clean energy in the aftermath of the bankruptcy of California-based Solyndra. The 2009...
  • Obama blows another $100bn on green fantasies(Energy Sec. Chu's office declares Solyndra a success)

    09/07/2011 7:45:25 AM PDT · by bestintxas · 10 replies
    washtimes ^ | 9/7/11 | David A. Keene
    Last week, the Obama administrationís Department of Energy announced it is extending an $852 million loan guarantee to something called the Genesis Solar Project in California. Genesis, according to Energy Secretary Steven Chu, will be built on federal land and ultimately employ perhaps 800 people during its construction and 47 people once it is up and running. This would seem to be a lot of money to generate very few jobs at a time when the nation is on the verge of bankruptcy, but the project really isnít about jobs. Itís the latest in the administrationís attempt to turn us...
  • Obama administration protecting the 'green' investments of its friends

    03/04/2010 8:44:28 AM PST · by opentalk · 6 replies · 292+ views
    American Thinker ^ | March 4, 2010 | Ed Lasky
    Crony capitalism is alive and well in Barack Obama's Washington. Business for lobbyists on K Street is booming as never before. Green energy promoters are raking in our tax dollars, often for wasteful "investments ." Al Gore is certainly raking in the green. He is a global warming myth profiteer on a robber baron scale. Democratic sugar daddy George Soros, whose investments in the green energy industry amount to over one billion dollars and counting, has made parallel investments in bringing about Democratic dominance in Washington. Soros also has a friend in the Oval Office to help assure his investments...
  • Calming Parents' Fears About Environmental Hazards

    07/13/2004 5:22:31 PM PDT · by neverdem · 5 replies · 446+ views
    NY Times ^ | July 13, 2004 | JANE E. BRODY
    Dr. Robert L. Brent has been studying environmental toxicology for nearly half a century. A distinguished professor at Thomas Jefferson Medical College in Philadelphia, he specializes in the effects of environmental factors like radiation, drugs and chemicals on the developing embryo and child. But Dr. Brent, who is also the head of a birth defects research laboratory at the Alfred I. duPont Hospital for Children in Wilmington, Del., said he often found himself defending the safety of such environmental agents in the face of misinformation that ignites the fears of parents and causes confusion. Too often, Dr. Brent says, many...
  • Livermore lab added to probe of UC ( mismanagement of the Los Alamos laboratory in New Mexico )

    01/18/2003 7:02:29 AM PST · by Ernest_at_the_Beach · 2 replies · 210+ views
    The Sacramento Bee ^ | Saturday, January 18, 2003 | Terri Hardy -- Bee Staff Writer
    <p>A U.S. Energy Department investigation into University of California mismanagement of the Los Alamos laboratory in New Mexico will widen to include Lawrence Livermore National Laboratory in the Bay Area, a federal official confirmed Friday.</p> <p>And, under mounting federal pressure, UC announced Friday it would reinstate two investigators who were fired after alerting officials of possible credit card misuse and $2.7 million in missing computers and other equipment at the Los Alamos lab.</p>