Tag / Solyndra
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Let the Private Sector Solve Energy Issues
This week’s Fortune Magazine revealed that a few of the Department of Energy’s pet projects that received funding from Obama’s 2009 stimulus have now been purchased by foreign investors.*The first such company is Ener1, a company that makes lithium ion batteries for electric automobiles. In 2009 it received $118.5 million grant from the Obama stimulus…
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Say What You Mean
I imagine the Obama administration and supporters of renewable energy wish the industry’s recent nightmare was more like one of the subpar horror movies I watched over Halloween weekend: amusingly terrifying but ultimately harmless. The financial collapse of the federally supported solar energy company Solyndra, however, is no Halloween III: Season of the Witch.
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