Solyndra part deux?

[Flash]

Looks like Biden didn't learn anything during the Obama Administration on how wasteful it is to pour taxpayer's money into worthless Environmental Wacko projects. We can kiss those billions goodbye. Somebody is going to make a lot of money and the taxpayers are going to foot the bill.

More money laundering for the Democrats.

https://www.usnews.com/news/technology/articles/2023-02-09/redwood-materials-says-it-wins-2-billion-doe-loan-for-ev-materials-plant

U.S. Set to Loan Redwood Materials $2 Billion for EV Materials Plant​

The U.S. Energy Department on Thursday made a conditional commitment to Redwood Materials for a $2 billion low-cost government loan to help build out a $3.5 billion recycling and remanufacturing complex in Nevada for battery materials.

Energy Secretary Jennifer Granholm said that, if finalized, the loan will help the project create critical materials for electric vehicle batteries.

"It's going to be a slam dunk for our domestic burgeoning electric vehicle industry," Granholm said, adding that Redwood will play an "outsized role in bringing the battery supply chain home -- because you are focused on the pieces that we don't have in the United States."

Redwood Materials expects to draw down the first loan tranche later this year, Chief Executive JB Straubel said in an interview.

The initial loan draw "will help accelerate (production) and compress the time for us to get to full scale" at the northern Nevada complex, which has started to produce copper foil for battery anodes, Straubel said.

 

[whitehall]

The United States is in deep shit when the mainstream media goes along with the demented old fool .

 

[Flash]

We will never see one gigawatt of power out of this.

 

[MarathonMike]

Looks like Biden didn't learn anything during the Obama Administration on how wasteful it is to pour taxpayer's money into worthless Environmental Wacko projects. We can kiss those billions goodbye. Somebody is going to make a lot of money and the taxpayers are going to foot the bill.

More money laundering for the Democrats.

https://www.usnews.com/news/technology/articles/2023-02-09/redwood-materials-says-it-wins-2-billion-doe-loan-for-ev-materials-plant

U.S. Set to Loan Redwood Materials $2 Billion for EV Materials Plant​

The U.S. Energy Department on Thursday made a conditional commitment to Redwood Materials for a $2 billion low-cost government loan to help build out a $3.5 billion recycling and remanufacturing complex in Nevada for battery materials.

Energy Secretary Jennifer Granholm said that, if finalized, the loan will help the project create critical materials for electric vehicle batteries.

"It's going to be a slam dunk for our domestic burgeoning electric vehicle industry," Granholm said, adding that Redwood will play an "outsized role in bringing the battery supply chain home -- because you are focused on the pieces that we don't have in the United States."

Redwood Materials expects to draw down the first loan tranche later this year, Chief Executive JB Straubel said in an interview.

The initial loan draw "will help accelerate (production) and compress the time for us to get to full scale" at the northern Nevada complex, which has started to produce copper foil for battery anodes, Straubel said.

Biden is the older, Whiter, brain damaged version of Obama.

 

[1srelluc]

It's all a money laundering scheme. I wonder what the kickback percentage is?

I figure at least 87K given that is what the Halfrican raked in from Solyndra.

Campaign finance records show Solyndra executives and board members donated $87,050 total to Obama’s election campaign. -Daily Caller

 

[BluesLegend]

Dems are PORKING out on the government graft and kickbacks.

 

[Flash]

These Environmental Wackos are world class scam artists and now they have arranged to get the Big Enchilada with billions of taxpayer's money.

Stolen elections have consequences.

 

[Independentthinker]

Looks like Biden didn't learn anything during the Obama Administration on how wasteful it is to pour taxpayer's money into worthless Environmental Wacko projects. We can kiss those billions goodbye. Somebody is going to make a lot of money and the taxpayers are going to foot the bill.

More money laundering for the Democrats.

https://www.usnews.com/news/technology/articles/2023-02-09/redwood-materials-says-it-wins-2-billion-doe-loan-for-ev-materials-plant

U.S. Set to Loan Redwood Materials $2 Billion for EV Materials Plant​

The U.S. Energy Department on Thursday made a conditional commitment to Redwood Materials for a $2 billion low-cost government loan to help build out a $3.5 billion recycling and remanufacturing complex in Nevada for battery materials.

Energy Secretary Jennifer Granholm said that, if finalized, the loan will help the project create critical materials for electric vehicle batteries.

"It's going to be a slam dunk for our domestic burgeoning electric vehicle industry," Granholm said, adding that Redwood will play an "outsized role in bringing the battery supply chain home -- because you are focused on the pieces that we don't have in the United States."

Redwood Materials expects to draw down the first loan tranche later this year, Chief Executive JB Straubel said in an interview.

The initial loan draw "will help accelerate (production) and compress the time for us to get to full scale" at the northern Nevada complex, which has started to produce copper foil for battery anodes, Straubel said.

Their problem is they govern on feelings and never think anything through. If it sounds right and feels right, then it must be right, even when it blows up in their faces. Yes, I totally agree that the entire world should just be one green planet. But, that's not reality. They always talk about income inequality and social injustice and yet just about every policy they have that feels right, makes income inequality and social injustice worse. They just can't see the forest for the trees.

 

[Flash]

Their problem is they govern on feelings and never think anything through. If it sounds right and feels right, then it must be right, even when it blows up in their faces. Yes, I totally agree that the entire world should just be one green planet. But, that's not reality. They always talk about income inequality and social injustice and yet just about every policy they have that feels right, makes income inequality and social injustice worse. They just can't see the forest for the trees.

The Environmental Wacko scam lobby pays well and the Democrats are buyers. The Democrats deliver with billions of taxpayer's dollars and it will never amount to anything like we saw with Solyndra. However, some Envionmental Wacko scam artist are going to get filthy rich.