150 billion spent in eight years to increase clean energy by 1 percent

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Guppers
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150 billion spent in eight years to increase clean energy by 1 percent

Post by Guppers »

The complete list of faltering or bankrupt green-energy companies:

Evergreen Solar ($25 million)*

SpectraWatt ($500,000)*

Solyndra ($535 million)*

Beacon Power ($43 million)*

Nevada Geothermal ($98.5 million)

SunPower ($1.2 billion)

First Solar ($1.46 billion)

Bab**** and Brown ($178 million)

EnerDel’s subsidiary Ener1 ($118.5 million)*

Amonix ($5.9 million)

Fisker Automotive ($529 million)

Abound Solar ($400 million)*

A123 Systems ($279 million)*

Willard and Kelsey Solar Group ($700,981)*

Johnson Controls ($299 million)

Schneider Electric ($86 million)

Brightsource ($1.6 billion)

ECOtality ($126.2 million)

Raser Technologies ($33 million)*

Energy Conversion Devices ($13.3 million)*

Mountain Plaza, Inc. ($2 million)*

Olsen’s Crop Service and Olsen’s Mills Acquisition Company ($10 million)*

Range Fuels ($80 million)*

Thompson River Power ($6.5 million)*

Stirling Energy Systems ($7 million)*

Azure Dynamics ($5.4 million)*

GreenVolts ($500,000)

Vestas ($50 million)

LG Chem’s subsidiary Compact Power ($151 million)

Nordic Windpower ($16 million)*

Navistar ($39 million)

Satcon ($3 million)*

Konarka Technologies Inc. ($20 million)*

Mascoma Corp. ($100 million)

Me thinks these were bad investments by our President at the expense of our tax dollars.
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Guppers
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150 billion spent in eight years to increase clean energy by 1 percent

Post by Guppers »

Don't get me wrong. I am facinated by solar energy. Read on it a lot. I just think it was wrong of our president to fund companies with taxpayer money so frivisly. And they failed!
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tude dog
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150 billion spent in eight years to increase clean energy by 1 percent

Post by tude dog »

Uh, a link would have been nice.

Looked for where you got that and there are several so I'll give my favoriate.

List: 36 Of Obama’s Taxpayer-Funded Green Energy Failures

All the same, his failures have been no secret.

As far as solar power I remember having a solar powered transister radio in 1960. Problem was it didn't work in the shade or night.
What happened to Kamala Harris' campaign?
She had the black vote all locked up.
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tude dog
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150 billion spent in eight years to increase clean energy by 1 percent

Post by tude dog »

tude dog;1503777 wrote: All the same, his failures have been no secret.


That is a lesson that the Trumphole should realize as he's trying to manage the economy by fiat.

The Trumphole is already showing his lack of tolerance of a free economy.

I always suspected he was a Democrat pretending to be a Republican.
What happened to Kamala Harris' campaign?
She had the black vote all locked up.
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AnneBoleyn
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150 billion spent in eight years to increase clean energy by 1 percent

Post by AnneBoleyn »

The problem is, Obama didn't fund them enough. Should have gone all the way, IMO.

PS--tude, I'm so glad you have a new friend! I approve, I like her too!
Ahso!
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150 billion spent in eight years to increase clean energy by 1 percent

Post by Ahso! »

Who gave Obama all that money to spend? Doesn't congress control the purse strings?
“Those who can make you believe absurdities can make you commit atrocities,”

Voltaire



I have only one thing to do and that's

Be the wave that I am and then

Sink back into the ocean

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Guppers
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150 billion spent in eight years to increase clean energy by 1 percent

Post by Guppers »

I really really wish these companies had succeeded. I would love to see solar become more affordable...id love to see solar advancement. Seems like we have been sloooooooow on that front. Maybe Obama was just ahead of his time. Who knows, in a few years there could be breakthroughs making solar go mainstream....
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Bryn Mawr
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150 billion spent in eight years to increase clean energy by 1 percent

Post by Bryn Mawr »

Guppers;1503771 wrote: Don't get me wrong. I am facinated by solar energy. Read on it a lot. I just think it was wrong of our president to fund companies with taxpayer money so frivisly. And they failed!


Even in the UK solar power is being successfully deployed (and we have no sunlight) so how come so many US firms have gone under - it sounds like the business model is wrong?

In Crete where the weather is more akin to much of the US virtually all of the power is solar or wind - no trees, no oil = no choice - the government had to get it right and they did.
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FourPart
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150 billion spent in eight years to increase clean energy by 1 percent

Post by FourPart »

Trump is more likely to go out of his way to make sure that Solar Energy fails. He makes his money through Oil.

As for the tax payer having paid for the Solar research - at least he's not paid anything towards it - he's smart.
Ahso!
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150 billion spent in eight years to increase clean energy by 1 percent

Post by Ahso! »

It really doesn't matter from an economical standpoint how many companies fail or succeed because the money involved goes back into circulation where others can earn it either a little bit or large chunks of it at a time. As long as it continues to circulate for the good of the entire population, there is no problem of success or failure. The benefit of a successful venture is that it will result in the employment of more people. But using this as a political paddle in order to spank the person in office is just plain silly.

It's the removal of money from the system to either stuff in one's mattress or invest in the stock market that harms the economy.
“Those who can make you believe absurdities can make you commit atrocities,”

Voltaire



I have only one thing to do and that's

Be the wave that I am and then

Sink back into the ocean

Fiona Apple
gmc
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150 billion spent in eight years to increase clean energy by 1 percent

Post by gmc »

I suppose like fox news you think solar energy won't work in the US because it's not sunny enough.
Bruv
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150 billion spent in eight years to increase clean energy by 1 percent

Post by Bruv »

Why worry about solar energy ?

The aim is to become free from fossil fuels with renewable or green energy.

A country famous for it's lack of sunshine, Scotland, has it cracked already...................for one day anyway, with it's wind turbine electricity. HERE
I thought I knew more than this until I opened my mouth
gmc
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150 billion spent in eight years to increase clean energy by 1 percent

Post by gmc »

and one of the first things the tories did was cut tax breaks for solar panels causing the numbers installed to plummet and pitting at risk future jobs and investments. The scottish government has a moratoium on fracking at the moment speaking as someone sitting in an area with some of the largest shale oil deposits in the UK I was quite pleased - they only stopped shale oil extraction in the sixties as middle eastern oil was so much cheaper. The Uk government has also passed laws to allow it to overturn local objections to fracking application in england and wales.

It's not just the US that has climate change deniers

Climate change department closed by Theresa May in 'plain stupid' and 'deeply worrying' move | The Independent

The news came after the appointment of Andrea Leadsom – who revealed her first question to officials when she became Energy Minister last year was “Is climate change real? – was appointed as the new Environment Secretary.


http://www.independent.co.uk/news/world ... 67196.html

You can't reason with people that just decide to ignore all the evidence.

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