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Taxpayer-Backed Green Energy Firm Takes Millions, Goes Bankrupt and Leaves Toxic Mess Behind
The Blaze ^ | 10/31/2013 | Becket Adams

Posted on 11/01/2013 7:34:10 AM PDT by rktman

A taxpayer-funded “green” energy company that went bankrupt in July 2012 didn’t just leave behind a legal mess for its creditors – it left behind a mess of contaminated water and toxic carcinogens. Taxpayer Backed Green Energy Firm Takes Millions, Goes Bankrupt and Leaves Behind Toxic Mess

Image Source: Associated Press.

And its up to the owners of Abound Solar’s deserted 37,000 square foot facility to clean up the broken glass and hazardous wastes.

(Excerpt) Read more at theblaze.com ...


TOPICS: Science; Society
KEYWORDS: abound; aboundsolar; doh; energy; green; greenenergy; solar; subsidy
I'm shocked. Simply shocked. Who ever would have thought this could happen? :>)
1 posted on 11/01/2013 7:34:10 AM PDT by rktman
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To: rktman

...those wascally wepublicans again, huh?...

This is exactly what the libs SAY the right wants in this country!


2 posted on 11/01/2013 7:36:34 AM PDT by joethedrummer
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To: rktman

Change Green Energy to Obamacare and you will have about the same results. The toxic mess in that case would be the American health care system.


3 posted on 11/01/2013 7:38:37 AM PDT by mc5cents (Pray for America)
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To: rktman

Similar to an Occupier rally.


4 posted on 11/01/2013 7:39:59 AM PDT by Huskrrrr
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To: joethedrummer
...those wascally wepublicans again, huh?...

"This has George Bush written all over it." - Barry Soetoro

5 posted on 11/01/2013 7:42:43 AM PDT by immadashell (The inmates are running the asylum.)
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To: mc5cents
Change Green Energy to Obamacare and you will have about the same results.


6 posted on 11/01/2013 7:44:33 AM PDT by Paine in the Neck (Is John's moustache long enough YET?)
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To: rktman

I think the amazing thing is that some guy...sat down and dreamed up a fairly complex scam. It would take several years, and he’d build onto the scam week after week.

The initial group of investment players? They were not in on the scam, just believing that green energy was the new wave and they wanted to be on that wave.

The second group of investors....same deal....they felt it was a wave.

Along the way, with help of political hacks....the grant business was explored and political donations ensured that this vehicle of funding was milked.

It would be interesting to know just how much cash this head guy took from the entire scam and what country he resides in currently.


7 posted on 11/01/2013 7:45:54 AM PDT by pepsionice
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To: rktman; george76
Pat Stryker.

Billionaire trust fund baby, progressive democRat fundraiser and part of the gang who are trying to turn Colorado blue.

She didn't believe in Abound enough to fund it her self though. She used your money in exchange for dem campaign cash.

When it didn't work out (SHOCK!) she simply moved on and left the mess for others to deal with.

8 posted on 11/01/2013 7:47:50 AM PDT by MileHi ( "It's coming down to patriots vs the politicians." - ovrtaxt)
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To: MileHi

That’s what they do. Beneath them to clean up after themselves. Evidence the rallies on the mall in d.c..


9 posted on 11/01/2013 7:53:38 AM PDT by rktman (Inergalactic background checks? King hussein you're first up.)
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To: rktman

Yep


10 posted on 11/01/2013 7:56:20 AM PDT by MileHi ( "It's coming down to patriots vs the politicians." - ovrtaxt)
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To: MileHi; dhs12345; neverdem; ColoCowgirl; RandallFlagg; dynachrome; beaversmom; GSWarrior; ...

Colorado Ping ( Let me know if you wish to be added or removed from the list.)


11 posted on 11/01/2013 8:19:57 AM PDT by george76 (Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
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To: rktman

And all this brought to you by Chickenpooper the one that is making Colorado infamous.


12 posted on 11/01/2013 8:28:18 AM PDT by mountainlion (Live well for those that did not make it back.)
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To: rktman
A friend of mine was an engineer at that plant from day one. They built then scrapped 3 vacuum chambers 100 yards long. 1" thick stainless steel. There are tons of expensive stainless steel that are so huge nobody will haul it away.

The vacuum chambers were heated to 900 C eating huge amounts of electricity. My bet is the solar panels would not produce enough electricity to make up for the amount it took to produce them in their life span.

The failure rate on the few sold was 70% in the first year. Cadmium is very toxic, and the vacuum chambers are full of it.

13 posted on 11/01/2013 10:54:45 AM PDT by SpeakerToAnimals (I hope to earn a name in battle)
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