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Keyword: solazyme

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  • U.S. Navy’s ‘Great Green Fleet’ Gets Underway Using Biofuels

    01/20/2016 9:01:20 PM PST · by artichokegrower · 20 replies
    gCaptain ^ | January 20, 2016 | David Alexander
    The U.S. Navy will formally deploy its so-called “Great Green Fleet” on Wednesday, sending warships to sea on biofuels even though oil prices have dropped 70 percent since congressional Republicans first criticized the high cost of alternative fuels.
  • Obama, Clinton Foundation Donors Sold Green Fuel to Military for $149 per Gallon

    08/12/2015 1:23:01 PM PDT · by GoneSalt · 30 replies
    Washington Free Beacon ^ | 8/12/2015 | Ali Meyer
    The CEO and Board of Directors of Solazyme, a company the military paid $149 per gallon for alternative fuel, have donated more than $300,000 to Democratic candidates and committees, according to a Washington Free Beacon analysis. Recipients of significant donations included the Obama Victory Fund and the Democratic National Committee. Additionally, Solazyme donated between $100,000 and $250,000 to the Bill, Hillary, and Chelsea Clinton Foundation. A Congressional Research Service (CRS) report found that the Department of Defense (DOD) paid Solazyme $149 per gallon for fuel made of algal oil, costing taxpayers a total of $223,500 in 2009. The group also...
  • Favors? Obama, Clinton Foundation donors sold green fuel to military for $149 per gallon

    08/12/2015 1:04:02 PM PDT · by SeekAndFind · 18 replies
    BizPac Review ^ | 08/12/2015
    Investigative reporting by a Washington, D.C. based publication brings up questions about how ethically the Obama administration has conducted government business.The Washington Free Beacon reported: The CEO and Board of Directors of Solazyme, a company the military paid $149 per gallon for alternative fuel, have donated more than $300,000 to Democratic candidates and committees, according to a Washington Free Beacon analysis.Recipients of significant donations included the Obama Victory Fund and the Democratic National Committee. Additionally, Solazyme donated between $100,000 and $250,000 to the Bill, Hillary, and Chelsea Clinton Foundation.A Congressional Research Service (CRS) report found that the Department of Defense...
  • Obama, Clinton Foundation Donors Sold Green Fuel to Military for $149 per Gallon

    08/12/2015 2:36:32 AM PDT · by markomalley · 8 replies
    Washington Free Beacon ^ | 8/12/15 | Ali Meyer
    The CEO and Board of Directors of Solazyme, a company the military paid $149 per gallon for alternative fuel, have donated more than $300,000 to Democratic candidates and committees, according to a Washington Free Beacon analysis.Recipients of significant donations included the Obama Victory Fund and the Democratic National Committee. Additionally, Solazyme donated between $100,000 and $250,000 to the Bill, Hillary, and Chelsea Clinton Foundation.A Congressional Research Service (CRS) report found that the Department of Defense (DOD) paid Solazyme $149 per gallon for fuel made of algal oil, costing taxpayers a total of $223,500 in 2009. The group also received a...
  • Algae Alimony: Obama donors stand to profit from presidents latest green energy fixation

    03/20/2012 7:56:24 PM PDT · by Nachum · 8 replies
    Free Beacon ^ | 3/20/12 | ndrew Stiles -
    President Obamas most recent green energy fixationalgaemay suffer from the accusations of cronyism that have plagued his broader effort to promote non-fossil fuel energy sources through massive federal subsidies. Solazyme, a San Francisco-based firm that specializes in the plant matter, has received more than $25 million in federal grants and contracts as part of Obama administrations controversial stimulus package, and is poised to receive millions more as part of the presidents recent efforts to promote green biofuels such as algae. The firm employs a former member of the Obama-Biden transition team who, according to one online bio, played a key...
  • Crony Capitalism and Algae Energy

    03/20/2012 6:53:20 AM PDT · by SeekAndFind · 13 replies
    American Thinker ^ | 03/20/2012 | Thomas Lifson
    Why on earth did President Obama offer algae as a solution to America's energy problems? I suspect that if he could, he would press the rewind button and erase the comment, as it has exposed him to widespread ridicule from heavyweights like Charles Krauthammer. But the question remains: why bring it up at all?An answer may lie in his addiction to crony capitalism. Andrew Stiles of the Washington Free Beacon reports: Solazyme, a San Francisco-based firm that specializes in the plant matter, has received more than $25 million in federal grants and contracts as part of Obama administration's controversial...
  • Navy Biofuel Deal is 'Cost Prohibitive,' 'Another Solyndra, Critics Say

    12/23/2011 10:22:40 AM PST · by jazusamo · 28 replies
    CNSNews ^ | December 23, 2011 | Fred Lucas
    Navy jet takes off from U.S.S. Ronald Reagan. (U.S. Navy photo) (CNSNews.com) The Obama administrations deal to buy 450,000 gallons of biofuel for Navy jets comes at a cost of up to nine times higher than regular fuel, a spokesman for Sen. James Inhofe (R-Okla.) said, coming at a time when the U.S. military is already facing deep budget cuts. Inhofe, a member of the Senate Armed Services Committee and former chairman of the Senate Environment and Public Works Committee, has supported biofuel projects in the past, but has problems with a program the U.S. Department of Agriculture...
  • Jet Fuel-Gate Is Obama's New Solyndra

    12/14/2011 9:00:17 PM PST · by PENANCE · 20 replies
    Investors' Business Daily ^ | Posted 12/13/2011 06:58 PM ET | IBD Editorial
    Ecofanaticism: SolyndraGate was no isolated case of corrupt government misspending. The U.S. Navy was just forced to buy 450,000 gallons of biofuels from an Obama-connected firm at an outrageous $16 per gallon. The massive Obama stimulus was supposed to generate millions of jobs, but the $535 million loan guarantee it gave to solar panel maker Solyndra on the eve of its Chapter 11 bankruptcy illustrated the fundamental incompetence of Obama's neo-Keynesian economic ideology. Now we find the Navy partnering with the Agriculture Department to purchase hundreds of thousands of gallons of alternative biofuel in place of standard JP-5 fuel for...
  • Jet Fuel-Gate Is Obama's New Solyndra

    12/13/2011 5:56:21 PM PST · by Nachum · 74 replies
    Investor's Business Daily ^ | 12/13/11 | Staff
    Ecofanaticism: SolyndraGate was no isolated case of corrupt government misspending. The U.S. Navy was just forced to buy 450,000 gallons of biofuels from an Obama-connected firm at an outrageous $16 per gallon. The massive Obama stimulus was supposed to generate millions of jobs, but the $535 million loan guarantee it gave to solar panel maker Solyndra on the eve of its Chapter 11 bankruptcy illustrated the fundamental incompetence of Obama's neo-Keynesian economic ideology. Now we find the Navy partnering with the Agriculture Department to purchase hundreds of thousands
  • Navy buys biofuel for $16 a gallon

    12/11/2011 4:28:39 PM PST · by Hojczyk · 36 replies
    Hot Air ^ | December 11,2011 | J.E. DYER
    Teaming up with the Department of Agriculture (which has a cheery Rotary Club ring to it), the Navy has purchased 450,000 gallons of biofuel for about $16 a gallon, or about 4 times the price of its standard marine fuel, JP-5, which has been going for under $4 a gallon. You wont be surprised to learn that a member of Obamas presidential transition team, T. J. Glauthier, is a strategic advisor at Solazyme, the California company that is selling a portion of the biofuel to the Navy. Glauthier worked shock, shock on the energy-sector portion of the 2009...