Green Energy
Solyndra e-mails: Dept. of Energy was poised to approve ***SECOND*** $469 million for Solyndra
WaPo
The Obama administration’s Department of Energy was poised last summer to give Solyndra a second major taxpayer loan of $469 million, even as the company’s financial situation was growing more dire.
The Energy Department was actively pushing to provide the second loan guarantee to the troubled solar-panel manufacturer in April and May 2010, when Solyndra’s auditors warned the company was in danger of closing due to its rapidly mounting debts and expenses, according to complete e-mails just released by a House committee investigating the original loan.
And people think W was stupid?
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Energy Department Altering On-Line Press Releases About "Green" Energy Loans Update: Reason For Alteration RevealedFrom Ace:Sun Power got a $1.2 billion loan guarantee, and we might be eating that one shortly, too. And Sun Power is very well-connected...
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US Gov't approves 4 more solar energy loan guarantees worth nearly $5B on Friday From Will at The Other News: The U.S. Energy Department approved four more solar energy loan guarantees worth nearly $5 billion on Friday just hours before a controversial...
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Your Stimulus Dollars At Work: $535 Million Given To Solar Power Panel Manufacturer In Fremont, Ca - Company Goes Bust
A $787 Billion Stimulus, and we have nothing to show for it. I expect that more and more stories like this one will be forthcoming in the next year. This could very well be the kind of story that will sink Obama: Solyndra, Inc. was supposed to have showcased...
Green Energy