Obama Promises To Fund More Green Energy Scandals

Obama put out the word today that he is arranging for green energy scamsters to be able to steal lots more money from America’s children.

The path towards sustainable energy sources will be long and sometimes difficult. But America cannot resist this transition; we must lead it. We cannot cede to other nations the technology that will power new jobs and new industries – we must claim its promise.

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

  1. Evergreen Solar ($25 million)*
  2. SpectraWatt ($500,000)*
  3. Solyndra ($535 million)*
  4. Beacon Power ($43 million)*
  5. Nevada Geothermal ($98.5 million)
  6. SunPower ($1.2 billion)
  7. First Solar ($1.46 billion)
  8. Babcock and Brown ($178 million)
  9. EnerDel’s subsidiary Ener1 ($118.5 million)*
  10. Amonix ($5.9 million)
  11. Fisker Automotive ($529 million)
  12. Abound Solar ($400 million)*
  13. A123 Systems ($279 million)*
  14. Willard and Kelsey Solar Group ($700,981)*
  15. Johnson Controls ($299 million)
  16. Brightsource ($1.6 billion)
  17. ECOtality ($126.2 million)
  18. Raser Technologies ($33 million)*
  19. Energy Conversion Devices ($13.3 million)*
  20. Mountain Plaza, Inc. ($2 million)*
  21. Olsen’s Crop Service and Olsen’s Mills Acquisition Company ($10 million)*
  22. Range Fuels ($80 million)*
  23. Thompson River Power ($6.5 million)*
  24. Stirling Energy Systems ($7 million)*
  25. Azure Dynamics ($5.4 million)*
  26. GreenVolts ($500,000)
  27. Vestas ($50 million)
  28. LG Chem’s subsidiary Compact Power ($151 million)
  29. Nordic Windpower ($16 million)*
  30. Navistar ($39 million)
  31. Satcon ($3 million)*
  32. Konarka Technologies Inc. ($20 million)*
  33. Mascoma Corp. ($100 million)

The Complete List of Obama’s Taxpayer-Backed Green Energy Failures

About stevengoddard

Just having fun
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6 Responses to Obama Promises To Fund More Green Energy Scandals

  1. gator69 says:

    “We cannot cede to other nations the technology that will power new jobs and new industries – we must claim its promise.”

    He acts like we will charge other nations for the technology, once developed. Or that other nations would not share. Doesn’t that seem odd? After all, it is about saving the children. Right?

    A competent leader would allow others to waste time and money on R&D, while we invest in ourselves.

    • Brad says:

      I’m all for R&D, I see a benefit to universities researching different theories to come up with improvements to society. It not only teaches students what works and what doesn’t, it trains them for future jobs.
      What I don’t want is to be forced to pay for the implementation of technologies that research possibly discovers, that is the purpose of venture capitalists and other private businesses. I really hate to be forced to pay with tax dollars for implementation of technologies that are not better and cheaper than what we already have.

  2. Robert says:

    Is that scandals or sandals?

  3. Brad says:

    I think it is pronounced swindles.

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