This Green $hit has cost the Taxpayer Billions !! ... and for what ??
This is from October 2011With the Solyndra scandal still swirling, the Obama administration is under pressure to reveal the financial condition of the solar companies that received $4.75 billion in similar federal loan guarantees on the last day of the program.
Republican lawmakers on two House committees are seeking details about the loans given to First Solar, SunPower Corp. and ProLogis. Of those three companies, troubling financial revelations have emerged about SunPower, which sponsored a solar project that received a $1.2 billion loan, more than twice the money approved for Solyndra, which filed for bankruptcy last month after receiving a $528 million loan.
The Energy Department says on its website that the $1.2 billion loan to help build the California Valley Solar Ranch in San Luis Obispo County, a project that will help create 15 permanent jobs, which adds up to the equivalent of $80 million in taxpayer money for each job.
LINK
- Forums
- Political Debate
- Accelerate the World's Transition to Sustainable Energy - to fight Anthropogenic Climate Change
Accelerate the World's Transition to Sustainable Energy - to fight Anthropogenic Climate Change, page-36466
-
- There are more pages in this discussion • 1,683 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)