Green-Energy Plant Sucks Up Subsidies, Then Goes Bust

[Mad Scientist]

From the Washington Examiner:
Green-energy plant sucks up subsidies, then goes bust | Timothy P. Carney | Politics | Washington Examiner

To turn wood chips into ethanol fuel, George W. Bush's Department of Energy in February 2007 announced a $76 million grant to Range Fuels for a cutting-edge refinery. A few months later, the refinery opened in the piney woods of Treutlen County, Ga., as the taxpayers of Georgia piled on another $6 million. In 2008, the ethanol plant was the first beneficiary of the Biorefinery Assistance Program, pocketing a loan for $80 million guaranteed by the U.S. taxpayers. Last month, the refinery closed down, having failed to squeeze even a drop of ethanol out of its pine chips.

I have a good idea how we can get off foreign oil: Drill for domestic oil.

​

 

[editec]

You mean like just about every closed down nuclear power plant has already done?

That's a damned shame.

 

[Skull Pilot]

Assachusetts governor, Coupe DeVille Patrick costs the tax payers of his state something like 60 million dollars for Evergreen Solar which took the money then moved its plant to China.

So called green energy is green because of the tax dollars it eats.

 

[Mad Scientist]

You mean like just about every closed down nuclear power plant has already done? That's a damned shame.

Nuclear Power plants get shut down because they eat subsidies and never make a profit or provide energy?

Green Energy will never support our economy, it will only provide subsidies to those Green Energy Scammers.

 

[Mr. H.]

I have a good idea how we can get off foreign oil: Drill for domestic oil.

Tell that to Obama when he submits his budget, replete with over $40 billion in taxes on the domestic petroleum industry. As he said in his SOTU speech "I think they're doing fine on their own, don't you?".

Let the green energy sector exist "on it's own". It can't.

 

[mdn2000]

From the Washington Examiner:
Green-energy plant sucks up subsidies, then goes bust | Timothy P. Carney | Politics | Washington Examiner

To turn wood chips into ethanol fuel, George W. Bush's Department of Energy in February 2007 announced a $76 million grant to Range Fuels for a cutting-edge refinery. A few months later, the refinery opened in the piney woods of Treutlen County, Ga., as the taxpayers of Georgia piled on another $6 million. In 2008, the ethanol plant was the first beneficiary of the Biorefinery Assistance Program, pocketing a loan for $80 million guaranteed by the U.S. taxpayers. Last month, the refinery closed down, having failed to squeeze even a drop of ethanol out of its pine chips.

I have a good idea how we can get off foreign oil: Drill for domestic oil.

​

I think if anything the Middle East teaches us that we should use every last drop of the desert's oil and leave the Moslems with a nice dead sandbox to play in. Why else did the Moslems need the West to discover and produce the oil.

 

[mdn2000]

You mean like just about every closed down nuclear power plant has already done?

That's a damned shame.

Name one, go ahead, they all got names, so name one.

 

[Mr. H.]

Remember in the 70's when the Tennessee Valley Authority spent billions on nuke plants?
They got them half-built, then buried it all. Litterally- burried, in the ground.

 

[Samson]

Where are all the Greenie Fruitcakes hiding out now?

I thought they'd be in this thread with their ususal moronic defense.......Old Rocks......COME OUT, COME OUT, WHEREVER YOU ARE!!!

 

[whitehall]

Do the math lefties. Petroleum is the result of the decomposition of millions of years of plants and animals. Goggle eyed salavating left wingers think we can grow a crop of corn every year and cut down a generation of pine trees and achieve the same substance. It ain't gonna happen. Bush was wrong about it and Obama is so far off the map that he needs a CAT scan.

 

[mdn2000]

Remember in the 70's when the Tennessee Valley Authority spent billions on nuke plants?
They got them half-built, then buried it all. Litterally- burried, in the ground.

Browns Ferry, unit 1, unit 2, unit 3. Boiling Water Reactors, that is TVA Nuclear Reactors.

Sequoyah, unit 1, unit 2, Pressurized Water Reactors, TVA.

Watts Bar, unit 1, Pressurized Water Reactor, TVA.

Watts Bar unit 2 began construction, was never finished. Maybe you are speaking specifically of Watts Bar unit 2.

TVA is the government, not a private corportation. Being the Government it is not managed as well as other Nuclear power plants.

TVA: Watts Bar Nuclear Plant

Watts Bar Unit 2

* image of watts barIn August of 2007, following detailed studies of energy needs, schedule, costs, environmental impacts, and financial risks, TVA decided to complete construction of Unit 2 to help meet the Tennessee Valley’s growing demand for power.
* Unit 2 will be the first new reactor to achieve commercial operations in the U.S. since Watts Bar Unit 1 in 1996.
* The $2.5 billion project to complete Unit 2 will put an existing asset to work for TVA customers by 2013 and add 1,180 megawatts to the TVA power system.
* Approximately 2,300 contract workers are expected during the height of construction, and the project will result in about 290 additional permanent jobs at the plant.