Oops: Green Energy Loans Not Designed To Create Jobs

Someone really confused their talking points

(Washington Examiner) David Frantz, who runs the Energy Department’s loan guarantee program, contradicted President Obama today by telling Congress that the program is not designed to create jobs.

“The predominance of our portfolio — and the objective, really, of the act — is to be creating large infrastructure, utility-scale projects; and, by definition, they are not a multiplier for job creation,” Frantz told a Joint Hearing on the No More Solyndras Act that would ban the loan guarantee program.

How many times have we heard that “green energy” was going to create a gazzillion jobs? Doug Powers points to a few of the hundreds.

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One Response to “Oops: Green Energy Loans Not Designed To Create Jobs”

  1. Gumball_Brains says:

    Oh good lord. And they truly believe that this makes the situation more palatable. They don’t see that even if it is meant as an infrastructure creator.. it was a huge failure. And, its not their job.

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