80% of Green Energy loans went to Obama donors.
The FOX News analyst says 70% in the video but actually 80% of DOE dollars went to Obama backers. 19 of these green energy companies went bust.

And, it’s expensive.
Solar power is 35¢ per kilowatt compared to coal, gas and oil that costs 5¢ per kilowatt.

Here’s a list of the green companies that have gone belly-up since receiving Obama dollars.
Heritage reported:

For those who only hear about these failing companies one by one, the following is a list of all the clean energy companies supported by President Obama’s stimulus that are now failing or have filed for bankruptcy. The liberal media hopes you’ve forgotten about all of them except Solyndra, but we haven’t.

Evergreen Solar
SpectraWatt
Solyndra (received $535 million)
Beacon Power (received $43 million)
AES’ subsidiary Eastern Energy
Nevada Geothermal (received $98.5 million)
SunPower (received $1.5 billion)
First Solar (received $1.46 billion)
Babcock & Brown (an Australian company which received $178 million)
Ener1 (subsidiary EnerDel received $118.5 million)
Amonix (received 5.9 million)
The National Renewable Energy Lab
Fisker Automotive
Abound Solar (received $400 million)
Chevy Volt (taxpayers basically own GM)
Solar Trust of America
A123 Systems (received $279 million)
Willard & Kelsey Solar Group (received $6 million)
Johnson Controls (received $299 million)
Schneider Electric (received $86 million)

That’s 19 (that we know of so far). We also know that loans went to foreign clean energy companies (Fisker sent money to their overseas plant to develop an electric car), and that 80% of these loans went to President Obama’s campaign donors.

 

ADVERTISEMENT

 

Disable Refresh for 30 Days

Cookies and JavaScript must be enabled for your setting to be saved.

1 2 3 4

`
  1. ++

    OT..

    ht wanumba

    June 2, 2012

    One Cherokee, One Vote … With Valid ID,
    Just like Post-Apartheid South Africa Requires

    [Perhaps Congress can invite former President Jimmy Carter to
    provide expert testimony to support states voter ID laws because
    it appears by their copious years of reporting, that it has been his
    Carter Center’s decades-long international experience that voters
    adequately identifying themselves to election officials provides
    “additional safeguards”, “a substantial degree of security and
    confidence in the electoral” system, no matter what country,
    what race, what color, what language.
    ]

    WHOA!! passing that around & around & around until the
    prog-dem-lib hypocrites get dizzy & they all fall down.. :D

    quick, someone notify OBAMA’S TRUTH SQUAD asap!!

    ==

  2. Soo…FREE sunlight cost me 35 cents an hour…huh,what?..In California ,we already pay for having nice weather (rent,mortgage,taxes,etc)..now ,I got to pay for FREE sun and FREE weather..great..That doesn’t sound very FREE to me..

    If I’m entitled to FREE contraception,surly..I’m entitled to FREE sun and weather…right?

    I got a front row seat to a show called insanity

  3. this is what socialism looks like. you work and then the politican spends what you worked forand not very wisely.

    #16… incompetent is the last thing obama is

  4. I admit it was a scam and one of my best – I must say! Ha ha!

    That why it was so important to get democrat Al Gore to fly around in his private jet and wine and dine these cronies. Next he gave them the best bankruptcy advice that money can buy – take the money and run!

    Sunpower got about $1.5 billion for schmoozing and boozing it up with Al Gore. Then after enormous salaries to its officers bled it dry – it went into belly up and fired most of its work force… who got 19 month of unemployment from the stupid Taxpayer.

    That wonderful company First Solar did just about the same. And while we are in the S category my friends at Solyndra wasted $535 while enriching themselves and impoverishing the Taxpayer. High five bro!

    A big shout out to the already bankrupt General Motors’ Chevy volt division for wasting so much money we have not be able to tally the final figure! I couldn’t have swindled the Taxpayer better myself! That was a job well done!

    Let me be clear, the final amount of Taxpayer dollars that I poured into to my cronies is small compared to the Unemployment benefits, tax breaks, and social security money that will be wasted for the foreseeable future. Ha ha!

    No, Eric Holder, the IRS, the Election commission nor the SEC will be looking in my cronies finances. They are too busy arresting citizens who protest against me… not to mention the new “snitch” line which will cause more arrests.

    With gas prices at sky high levels this shows my “anti-energy exploration” polices are working. The Saudis put me through Harvard with a $20 million dollar investment. They are now getting repaid! America is totally dependent on foreign oil! Gad, I love it!

    My Limousine is guzzling gas and I have another fund raiser to attend. Sure my polices suck but when the stupid Taxpayer realizes he can’t by gas to get to his job things will really suck. Good day.

  5. Is it me or did someone purposely scrambled the audio beginning at 1:27 ????



1 2 3 4


`

© Copyright 2014, TheGatewayPundit.com. All rights reserved.
Privacy Policy | Terms and Conditions