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Another green co. kaput, well not dead yet....

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Old 02-29-2012, 06:46 PM
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Another green co. kaput, well not dead yet....

at least thats what the poor oaf said in Search for the holy Grail....



Stimulus-Backed Solar Company Lays Off 70 Percent of Workforce

President Obama used a weekly address in July 2010 to tout his stimulus package’s support for the solar industry. One of the companies he mentioned specifically, Abound Solar, just announced that it will lay off 70 percent of its workforce.

Abound would “create more than 2,000 construction jobs and 1,500 permanent jobs,” Obama claimed, and would be integral to the administration’s quest to “create whole new industries and hundreds of thousands of new jobs in America.”

But a year and a half later, the company’s staff numbers only 120. It announced Tuesday that it would lay off 180 full time and 100 part time employees, halt solar panel production, and delay the construction of a manufacturing plant in Indiana.

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Stimulus-Backed Solar Company Lays Off 70 Percent of Workforce
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Barack Obama -Inaugural Address Jan 2009; "As for our common defense, we reject as false the choice between our safety and our ideals. . . . Those ideals still light the world, and we will not give them up for expedience's sake."

Barack Obama- Friday June 2013; "I think it's important to recognize that you can't have 100% security and also then have 100% privacy and zero inconvenience. We're going to have to make some choices as a society."
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Old 02-29-2012, 07:28 PM
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When will America see the light?
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Old 02-29-2012, 07:32 PM
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Quote: Originally Posted by saveliberty View Post
When will America see the light?
does that qualify as a double entendre?
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Naphta to Settembrini;
“It is ultimately a cruel misunderstanding of youth to believe it will find its heart’s desire in freedom, when truly, its deepest desire is to obey.” ( Der Zauberberg)


Barack Obama -Inaugural Address Jan 2009; "As for our common defense, we reject as false the choice between our safety and our ideals. . . . Those ideals still light the world, and we will not give them up for expedience's sake."

Barack Obama- Friday June 2013; "I think it's important to recognize that you can't have 100% security and also then have 100% privacy and zero inconvenience. We're going to have to make some choices as a society."
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Old 02-29-2012, 07:33 PM
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Quote: Originally Posted by Trajan View Post
Quote: Originally Posted by saveliberty View Post
When will America see the light?
does that qualify as a double entendre?
I just need to know if it is a tax deduction.
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Old 02-29-2012, 08:02 PM
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above my pay grade....
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Naphta to Settembrini;
“It is ultimately a cruel misunderstanding of youth to believe it will find its heart’s desire in freedom, when truly, its deepest desire is to obey.” ( Der Zauberberg)


Barack Obama -Inaugural Address Jan 2009; "As for our common defense, we reject as false the choice between our safety and our ideals. . . . Those ideals still light the world, and we will not give them up for expedience's sake."

Barack Obama- Friday June 2013; "I think it's important to recognize that you can't have 100% security and also then have 100% privacy and zero inconvenience. We're going to have to make some choices as a society."
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Old 02-29-2012, 08:04 PM
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How many is this down the tubes now? I've lost count.


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Old 02-29-2012, 08:58 PM
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Its like tilting at windmills...
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Old 02-29-2012, 10:49 PM
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Well they gave it a shot and that's what counts, right?

Run it up the flagpole and see if anyone salutes it.
Toss it in the water and see if it floats.
Push the envelope.
It's a value-added proposition.
Maximize the leverage.
Expectation management.
Actionable, strategic intent.
Step up to the plate.
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Old 03-15-2012, 12:46 AM
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U.S. solar and wind industries expand, despite bankruptcies...

U.S. solar and wind industries expand
`4 Mar.`12 - Despite last year's bankruptcies of several solar manufacturers, including government-backed Solyndra, the U.S. solar and wind industries continue to expand in the face of obstacles this year.
Quote:
Newly installed solar panels produced 109% more electricity nationwide last year than in 2010, reaching a record 1,855 megawatts, as the price of these panels plummeted by more than 50%, according to a report today by the Solar Energy Industries Association (SEIA), an industry group, and GTM Research.

"The U.S. remains the innovative center of the solar industry worldwide," says Rhone Resch, SEIA's president. He says "run-of-the-mill" panels may increasingly be made overseas, but the U.S. still will make the most advanced solar components and post double-digit annual growth. He expects solar power, which now produces less than 1% of U.S. electricity, to generate 10% by 2020.

"There's no bubble" bursting in the clean-tech sector, Resch says, although he cautions that more companies likely will fail as the industries mature and cope with decreased government subsidies. Other recent reports indicate that the U.S. clean-tech sector remains strong despite Republican criticism of President Obama's half-billion-dollar loan guarantee to Solyndra and his other support for renewable energy.

Wind power increased 31% last year, says the American Wind Energy Association, and venture capital invested in clean technology grew from $3.8 billion in 2010 to $4.3 billion last year, the National Venture Capital Association says. Still, even advocates see challenges ahead. "It's not all rosy. … There have been growing pains of late," says Ron Pernick, managing director for Clean Edge, a research firm. He expects "considerable consolidation."

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Old 03-15-2012, 01:50 AM
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A new and rapidly changing and improving technology. There will be many failures, and a few stellar performers that manage to stay ahead of the development curve. In the meantime, solar is increasing by a 30% to 50% a year.
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Old 03-15-2012, 07:27 AM
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1,855 megawatts of production in 2011?

The US comsumed 3,873 billion kilowatthours in 2010

Electricity - consumption - Country Comparison
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Old 03-15-2012, 07:35 AM
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Quote: Originally Posted by Old Rocks View Post
A new and rapidly changing and improving technology. There will be many failures, and a few stellar performers that manage to stay ahead of the development curve. In the meantime, solar is increasing by a 30% to 50% a year.
That's great. But do WE need the government to piss away our money for us on this shit, or is it best to leave it to the private sector?

We'd probably be leaps and bounds ahead of the game on this stuff if our bloated, wasteful, market manipulating government shoved off and stayed in their proper role.
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Old 03-15-2012, 07:47 AM
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Quote: Originally Posted by TakeAStepBack View Post
That's great. But do WE need the government to piss away our money for us on this shit, or is it best to leave it to the private sector?
Whether you believe government assistance for the industry is a good idea depends on two factors. One of those is whether you are aware that renewable energy is a growing field and the economic factors now favor it.

The other is whether or not you believe in the ideology of the free market. If you do, then facts don't matter, you believe as a matter of doctrine that the free market is perfect and therefore any government action will make things worse. (WHY anyone believes that, other than that it sounds superficially cool, escapes me, but I realize some people do.)

If you don't believe in that particular religious dogma, then helping along a vital industry like that looks like a good collective investment.
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Old 03-15-2012, 07:54 AM
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Quote:
Whether you believe government assistance for the industry is a good idea depends on two factors. One of those is whether you are aware that renewable energy is a growing field and the economic factors now favor it.
\

What "economic factors"? By that do you mean the growing debt and deficit spending from pissing away money on shit like this by our govt? If not, what DO you mwean by economic factors???

Quote:
The other is whether or not you believe in the ideology of the free market. If you do, then facts don't matter, you believe as a matter of doctrine that the free market is perfect and therefore any government action will make things worse. (WHY anyone believes that, other than that it sounds superficially cool, escapes me, but I realize some people do.)
There is no such thing as perfection in praxeology. But, a few bureaucrats deciding what works best for everyone has proven itself failure over and over again. And subsidizing industries only creates waste, destroys competition a d formulates the monopolies that we see around us today. It's a terrible policy.

Quote:
If you don't believe in that particular religious dogma, then helping along a vital industry like that looks like a good collective investment.
Religious dogma? WTF are you babbling about.......OH, "collective investment". Now i see what you're babbling about. It's called nonsense.

When do we see a return on any of these so called investments? How much debt are we in as a "collective" again?

Someone's been drinking the das kapitol koolaid it sounds like.
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Old 03-15-2012, 08:06 AM
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Quote: Originally Posted by TakeAStepBack View Post
What "economic factors"?
Falling prices for solar and wind power along with rising prices for fossil fuels. What else?

Quote:
There is no such thing as perfection in praxeology. But, a few bureaucrats deciding what works best for everyone has proven itself failure over and over again.
So has laissez-faire capitalism. But then, there is little point in discussing facts with a true believer, who will grasp at any excuse (such as confusing ham-handed centrally-planned systems such as the Soviet Union with ANY attempt to regulate the economy) to go on believing.
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