August 10, 2012 – 1:58 pm
Don’t worry, the Solydra loan was a good bet (Business Week) U.S. Energy Secretary Steven Chu told President Barack Obama in mid-2011 that loans in the department’s clean-energy program were sound, two months before the bankruptcy of recipient Solyndra LLC. A draft prepared by Energy Department officials for Chu to brief Obama on June 27, […]
August 3, 2012 – 4:54 pm
Looks like the White House was warned about restructuring the Solyndra loan, which, if you remember, illegally subordinated the taxpayers, leaving them on the hook for the $535 million dollar loan, putting investors (many of whom were big Obama donors) ahead of the taxpayers (ABC News) Buried in the treasure trove of White House emails […]
August 2, 2012 – 11:56 am
I know, I know, you’re shocked! (The Hill) A GOP report shows that White House budget analysts had concerns about the financial risks of the Energy Department’s early 2011 restructuring of the federal loan for Solyndra, the solar panel company that collapsed last August, according to a news account. The Washington Post obtained portions of […]
August 1, 2012 – 9:23 am
I’m sure all Warmists will now refuse to use any power that comes from coal, right? (via Tom Nelson) (Informed Consent) Muller’s study analyzed all the weather data available since 1750 and found that the average temperature of the earth increase by 1 percent from 1750 to 1850, and has increased another 1.5 percent since […]
July 23, 2012 – 10:34 am
Great. Now we not only have to worry about mercury poisoning and crappy light, but skin cell damage (Examiner) Environmentalists have pushed to abolish traditional incandescent light bulbs, in order to reduce the amount of electricity needed to light up our homes. However, a small but vocal minority has insisted that the curlicue-shaped compact fluorescent […]
July 18, 2012 – 3:39 pm
Awesome, simply awesome (National Review) A report published by the DOE Office of Inspector General says the agency has been unable to locate $500,000 worth of equipment purchased with stimulus money. The $500,000 was part of a $2 billion Recovery Act dispersment given to the Advanced Batteries and Hybrid Components Program to “support the construction […]
July 13, 2012 – 5:18 pm
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 […]
July 5, 2012 – 8:03 am
Back on June 26th, Obama cheerleading The Politico was rating “green” companies that received DOE loans, and determined that Nevada Geothermal Power (NGP) as a “mixed bag” Nevada Geothermal: The company’s Blue Mountain project in northern Nevada received a partial loan guarantee for $98.5 million in 2010. The project is already generating power, but production […]
July 3, 2012 – 9:21 pm
Hmm, kinda wish I had seen this unhinged article by the AP’s Seth Borenstein earlier this morning when I posted “People Pretty Upset Over Unintentional Earth Hours” regarding the outages from the crazy storms last Friday. This is what Borenstein is pushing If you want a glimpse of some of the worst of global warming, […]
July 3, 2012 – 6:46 pm
The Lonely Conservative goes with “LOL!” I have to go with “bwahahahahahahahahah-snort-hahahahahaha!” (WRAL) State House lawmakers have apparently accidentally legalized fracking in North Carolina, due to a deciding vote one Democrat says was a mistake. Rep. Becky Carney, D-Mecklenburg, says she did not intend to cast the key vote that overrode the governor’s veto of […]
