Another Solar Panel Boondoggle Goes Belly-Up, Taking Our Money

Written by Gary North on July 20, 2012

Companies go bust all the time. The question is: Do they take taxpayers’ funds with them? If the answer is “yes,” that raises another question: If politicians and bureaucrats had not poured money into this project, would it ever have begun? “Green energy” is mostly a boondoggle. Most projects cannot make it on theirs own. […]

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Another Renewable Energy Bust: $43 Million of Taxpayer Money Gone

Written by Gary North on April 16, 2012

The stories just keep coming. The Department of Energy offers huge loan guarantees for “renewable energy” projects, and they keep going belly-up. Not yet two years after the Department of Energy awarded $43 million in loan guarantees for Beacon Power’s energy storage plant, government attorneys are calling the bankrupt solar company and its affiliates little […]

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