What about Obama's failed record giving out taxpayer money to "green" projects public equity?
From the Washington Post:
Abound Solar, Inc -$400M in taxpayer money - now Bankrupt
Raser Technologies - $33M - Bankrupt
Beacon Power - $43M- Bankrupt
Solyndra — $535M - Bankrupt
ECOtality - $126M - near bankrupt (stock price at 52 cents)
Nevada Geothermal Power - $99M - Near bankrupt (Stock price at 3 cents)
First Solar - $3 billion- Headed towards bankrupcy (last qtr- $500 M in revenue $950 in expenses)
SunPower - $1.2 billion loan
Brightsource - $1.6 billion - failing - (IPO withdrawn)
Fully 71 percent of the Obama Energy Department’s grants and loans went to “individuals who were bundlers, members of Obama’s National Finance Committee, or large donors to the Democratic Party. According to Politico, “The Energy Department’s inspector general has launched more than 100 criminal investigations” related to the department’s green-energy programs.
CBS News counted 12 clean energy companies that are having trouble after collectively being approved for more than $6.5 billion in federal assistance. Five have filed for bankruptcy: The junk bond-rated Beacon, Evergreen Solar, SpectraWatt, AES' subsidiary Eastern Energy and Solyndra.
Nobody from the Energy Department would agree to an interview
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