Obama-backed $2.2B green energy 'boondoggle' leaves taxpayers on the hook

[Hafar1014]

Obama-backed $2.2B green energy 'boondoggle' leaves taxpayers on the hook

Taxpayers and electricity customers face a costly standoff over the Ivanpah solar plant as California regulators block all efforts to shut it down.

www.foxnews.com

Here we go again another solar energy business driving up the cost going broke and democrats wanst to keep it going. Where ese but in Calif.
But California regulators have refused to allow it to close, warning that closing the plant could strain the power grid.


The result is a costly standoff rooted in years of government decisions: shutting it down could leave taxpayers responsible for hundreds of millions of dollars tied to a $1.6 billion federal loan, while keeping it open means higher electricity costs for consumers.

"This project makes no economic sense to keep afloat, and the market itself has shown that," Daniel Turner, founder of the energy advocacy group Power The Future, told Fox News Digital.

"This is a boondoggle, like most of California's large projects are a boondoggle," he said, arguing it is being kept alive for political reasons, with costs ultimately passed on to customers.

"At some point, you have to stop throwing good money after bad," he added.

 

[ColonelAngus]

And then we told them…”WE DO NOT NEED FOSSIL FUELS OR NUCLEAR ENERGY! WE CAN USE WIND AND SOLAR TO POWER THE ENTIRE PLANET…AND THEN THE PLANET WILL NEVER CHANGE!”

 

[TroglocratsRdumb]

Obama-backed $2.2B green energy 'boondoggle' leaves taxpayers on the hook

Taxpayers and electricity customers face a costly standoff over the Ivanpah solar plant as California regulators block all efforts to shut it down.

www.foxnews.com

Here we go again another solar energy business driving up the cost going broke and democrats wanst to keep it going. Where ese but in Calif.
But California regulators have refused to allow it to close, warning that closing the plant could strain the power grid.


The result is a costly standoff rooted in years of government decisions: shutting it down could leave taxpayers responsible for hundreds of millions of dollars tied to a $1.6 billion federal loan, while keeping it open means higher electricity costs for consumers.

"This project makes no economic sense to keep afloat, and the market itself has shown that," Daniel Turner, founder of the energy advocacy group Power The Future, told Fox News Digital.

"This is a boondoggle, like most of California's large projects are a boondoggle," he said, arguing it is being kept alive for political reasons, with costs ultimately passed on to customers.

"At some point, you have to stop throwing good money after bad," he added.

The corrupt Democrats do not care about their expensive bankrupt boondoggles.
They believe that as long as you are working they will never run out of your money.
Their global warming schemes are about the grift and power, not the environment.

 

[ColonelAngus]

The corrupt Democrats do not care about their expensive bankrupt boondoggles.
They believe that as long as you are working they will never run out of your money.
Their global warming schemes are about the grift and power, not the environment.

The high speed rail in California is a great example.

It went from $30 billion to $250 billion….AND STILL NOT DONE.

The SIMPSONS did an episode about this exact scam….like 30 YEARS AGO! . THE MONORAIL EPISODE.

The BAD ORANGE MAN is why the Cali High Speed Rail is a shitshow!

 

[Hafar1014]

The corrupt Democrats do not care about their expensive bankrupt boondoggles.
They believe that as long as you are working they will never run out of your money.
Their global warming schemes are about the grift and power, not the environment.

Pete Buttigieg, and Elizabeth Warren were the main force influencing Biden to oppose the merger. Both of these idiots think they can run for president.

 

[Nuthin' Fancy]

Trump pays offshore wind operators to walk away. ...​

AP News
https://apnews.com › article › trump-offshore-wind-pay...

4 days ago — The Trump administration is spending nearly $2 billion to get energy companies to walk away from U.S. offshore wind projects.

In the latest deals announced Monday, the administration said Bluepoint Wind and Golden State Wind agreed to end their leases in exchange for reimbursements totaling nearly $900 million, provided they invest equally in fossil fuels.

Trump has gone all in on fossil fuels for generating electricity, which he says will lower costs for families, increase reliability and help the U.S. maintain global leadership in artificial intelligence.


Trump is a genius, compared to his cult.

 

[ColonelAngus]

The big tell on the Green bullshit is how the communists ONLY are concerned about STOPPING CARBON EMISSIONS IN THE USA.

As if the problem is solved if the USA generates zero carbon emissions.

If the commies were sincere, they would be BLASTING CHINA.

Same with their bullshit outrage over “MISOGYNY AND HOMOPHOBIA”. They NEVER blast Islam and its inherent MISOGYNY AND HOMOPHOBIA.

IT IS ALL FAKE.

 

[Hafar1014]

Trump pays offshore wind operators to walk away. ...​

View attachment 1251580
AP News
https://apnews.com › article › trump-offshore-wind-pay...

4 days ago — The Trump administration is spending nearly $2 billion to get energy companies to walk away from U.S. offshore wind projects.

In the latest deals announced Monday, the administration said Bluepoint Wind and Golden State Wind agreed to end their leases in exchange for reimbursements totaling nearly $900 million, provided they invest equally in fossil fuels.

Trump has gone all in on fossil fuels for generating electricity, which he says will lower costs for families, increase reliability and help the U.S. maintain global leadership in artificial intelligence.


Trump is a genius, compared to his cult.

Wind Turbines are a disaster, they kill animals pollute the air with carbon fibers, cost too much, and fall apart in 10 years. And theyre ugly too. They are a monument to progressive stupidity

 

[ColonelAngus]

Wind Turbines are a disaster, they kill animals pollute the air with carbon fibers, cost too much, and fall apart in 10 years. And theyre ugly too. They are a monument to progressive stupidity

The wind farm cemeteries and INCREDIBLE amount of solid waste are proof of that.

But lots of COMMUNISTS got rich off the scam.

 

[Nuthin' Fancy]

Wind Turbines are a disaster, they kill animals pollute the air with carbon fibers, cost too much, and fall apart in 10 years. And theyre ugly too. They are a monument to progressive stupidity

Don't forget cancer, nut job.

This is a monument to Trump and his cults stupidity.

 

[struth]

Trump pays offshore wind operators to walk away. ...​

View attachment 1251580
AP News
https://apnews.com › article › trump-offshore-wind-pay...

4 days ago — The Trump administration is spending nearly $2 billion to get energy companies to walk away from U.S. offshore wind projects.

In the latest deals announced Monday, the administration said Bluepoint Wind and Golden State Wind agreed to end their leases in exchange for reimbursements totaling nearly $900 million, provided they invest equally in fossil fuels.

Trump has gone all in on fossil fuels for generating electricity, which he says will lower costs for families, increase reliability and help the U.S. maintain global leadership in artificial intelligence.


Trump is a genius, compared to his cult.

It’s amazing you are too dumb to know the difference between reimbursements and bailouts

 

[Nuthin' Fancy]

The wind farm cemeteries and INCREDIBLE amount of solid waste are proof of that.

But lots of COMMUNISTS got rich off the scam.

West Texas orphan oil wells are leaking with unknown harms​

The Texas Tribune
https://www.texastribune.org › 2024/02/29 › abandone...

Feb 29, 2024 — The massive pool of salt water on Wight's ranch is the latest man-made disaster resulting from abandoned oil and water wells across the state.

Despite there being no record of the well that erupted on Wight’s ranch, the commission paid $2.5 million to plug it and clean up the spill to “ensure safety,” a spokesperson said. The spokesperson said the commission is seeking to identify the person or company responsible for drilling it.


The Bipartisan Infrastructure Law, passed by the U.S. Congress in 2021, included a $4.7 billion nationwide injection to plug orphan wells on public and private lands. Texas received $25 million in 2022 and an additional $80 million in January. The commission operates a separate state plugging program for which it requested $63 million for 2024 and 2025. In fiscal year 2023, Texas plugged 1,754 wells with state funds and 730 wells with federal funds.

 

[Nuthin' Fancy]

It’s amazing you are too dumb to know the difference between reimbursements and bailouts

Poor Q-NUT.

It's not so amazing you don't know the difference between a bribe and a kickback.

 

[struth]

Poor Q-NUT.

It's not so amazing you don't know the difference between a bribe and a kickback.

How is reimbursing money either of those things?

 

[Nuthin' Fancy]

How is reimbursing money either of those things?

Reimbursement is for when people actually complete the project they were hired to do, Q-NUT.

 

[Moonglow]

Obama-backed $2.2B green energy 'boondoggle' leaves taxpayers on the hook

Taxpayers and electricity customers face a costly standoff over the Ivanpah solar plant as California regulators block all efforts to shut it down.

www.foxnews.com

Here we go again another solar energy business driving up the cost going broke and democrats wanst to keep it going. Where ese but in Calif.
But California regulators have refused to allow it to close, warning that closing the plant could strain the power grid.


The result is a costly standoff rooted in years of government decisions: shutting it down could leave taxpayers responsible for hundreds of millions of dollars tied to a $1.6 billion federal loan, while keeping it open means higher electricity costs for consumers.

"This project makes no economic sense to keep afloat, and the market itself has shown that," Daniel Turner, founder of the energy advocacy group Power The Future, told Fox News Digital.

"This is a boondoggle, like most of California's large projects are a boondoggle," he said, arguing it is being kept alive for political reasons, with costs ultimately passed on to customers.

"At some point, you have to stop throwing good money after bad," he added.

Meanwhile Trump pays 2 billion to two foreign companies to end building wind turbines in US.

 

[struth]

Reimbursement is for when people actually complete the project they were hired to do, Q-NUT.

Holy shit! No that’s earned pay.

You reimburse someone when they’ve paid, but the project, lease, show, something is retuned etc

Wow you are really dumb

 

[Nuthin' Fancy]

Holy shit! No that’s earned pay.

No it isn't.
The company didn't do shit.

You reimburse someone when they’ve paid, but the project, lease, show, something is retuned etc

Wow you are really dumb

Yeah, that's NOT what happened, Q-NUT.

 

[Moonglow]

The wind farm cemeteries and INCREDIBLE amount of solid waste are proof of that.

But lots of COMMUNISTS got rich off the scam.

What is communistic about the Energy Policy Act of 2005.?

 

[struth]

No it isn't.
The company didn't do shit.

Yeah, that's NOT what happened, Q-NUT.

Paying someone from a job is wages…earned pay.

Yes, we reimbursed them for the rent they paid on the lease we canceled

Holy shit! You don’t know what a reimbursement is! How old are you? Have you ever left your parents? It’s clear you’ve never experienced the real world