Obama wasting tax payer dollars

Discussion in 'Politics' started by P@triot, Sep 23, 2012.

  1. P@triot
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    P@triot Platinum Member

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    Apparently he did not learn is lesson from throwing billions at geen tech companies that still went bankrupt. I bet he wouldn't pay $59 per gallon if it was his money. He certainly doesn't care about spending as much of your money as he can...

    Great Green Fleece: Air Force Spends $59 Per Gallon for Biofuel
     
  2. P@triot
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    P@triot Platinum Member

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    Kate Adams, a member of Heritage’s Young Leaders Program, and Heritage’s Rachael Slobodien compiled a list of the 12 members of the Green Graveyard—companies that received taxpayer money for green initiatives yet have filed for bankruptcy:

    • Abound Solar (Loveland, Colorado), manufacturer of thin film photovoltaic modules.
    • Beacon Power (Tyngsborough, Massachusetts), designed and developed advanced products and services to support stable, reliable and efficient electricity grid operation.
    • Ener1 (Indianapolis, Indiana), built compact*lithium-ion-powered battery solutions*for hybrid and electric cars.
    • Energy Conversion Devices (Rochester Hills, Michigan/Auburn Hills, Michigan), manufacturer of flexible thin film photovoltaic (PV) technology and a producer of batteries and other renewable energy-related products.
    • Evergreen Solar, Inc. (Marlborough, Massachusetts), manufactured and installed solar panels.
    • Mountain Plaza, Inc. (Dandridge, Tennessee), designed and implemented “truck-stop electrification” technology.
    • Olsen’s Crop Service and Olsens Mills Acquisition Co. (Berlin, Wisconsin), a private company producing ethanol.
    • Range Fuels (Soperton, Georgia), tried to develop a technology that converted biomass into ethanol without the use of enzymes.
    • Raser Technologies (Provo, Utah), geothermal power plants and technology licensing.
    • Solyndra (Fremont, California), manufacturer of cylindrical panels of thin-film solar cells.
    • Spectrawatt (Hopewell, New York), solar cell manufacturer.
    • Thompson River Power LLC (Wayzata, Minnesota), designed and developed advanced products and services to support stable, reliable and efficient electricity grid operation.
    Green Companies That Took Taxpayer Money and Went Bankrupt
     
  3. waltky
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    waltky Wise ol' monkey Supporting Member

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    Who's investing in biomass?...
    :confused:
    The Next Biomass Revolution
    9/26/12 --- To many investors, biofuels have been one big dry hole.
     

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