Two More Stimulus-Backed Solar Companies Announce Layoffs
A pair of foreign-owned solar companies that benefited from a combined $84 million in Energy Department tax credits have announced they will lay off employees. One of… Read More
Green-Energy Projects Face Opposition From Green Groups
“We need green energy. Just not here.” Do those words sound familiar? That’s quite often the case with so-called proponents of green energy. The acronym… Read More
Sign of the Times: Denver Post Challenged on Green Energy Coverage
(Photo credit: Mary MacFarlane) A Colorado-based free-market think tank located in Denver challenged the state’s paper of record when it launched a media blitz that… Read More
Another DOE-Backed Solar Company Goes Bankrupt
A solar company that got a multi-million-dollar grant from the Department of Energy earlier this year announced Wednesday that it will file for Chapter 11… Read More
President Obama’s Taxpayer-Backed Green Energy Failures
It is no secret that President Obama’s and green energy supporters’ (from both parties) foray into venture capitalism has not gone well. But the extent… Read More
Michigan’s Mandate for Pricier Energy
If an energy technology has so much promise, why would you need a constitutional amendment to require its production? Energy consumers in Michigan should be… Read More
FACT CHECK: Salazar Exaggerates Obama’s Record on Energy Production
Interior Secretary Ken Salazar touted President Obama’s record on reducing oil dependence in a speech delivered in Charlotte, NC, this week. Salazar pointed to a decrease in… Read More
Major Obama Bundler Steve Westly Rewarded With Convention Speech
Venture corporatist Steve Westly benefitted personally and financially from President Obama’s push for green energy after supporting the president with major campaign contributions. Tonight he’ll take… Read More
Morning Bell: The Green Graveyard of Taxpayer-Funded Failures
Solar-cell manufacturer Solyndra became a household name when it collapsed, taking $627 million in American taxpayer dollars with it. It’s the poster company for the… Read More
Study Shows ROI on Solar Energy Tax Credit, But Ignores Bankruptcies
Proponents of taxpayer support for green energy are touting a new study claiming that tax credits for solar companies will pay for themselves over the… Read More
“No More Solyndras Act” Shows Addiction to Energy Subsidies Is a Bipartisan Problem
The latest political squabbling over the No More Solyndras Act is a reminder that politically entrenched energy subsidies enjoy bipartisan support. The No More Solyndras… Read More
After Posting $70 Million Loss, French Company Lands $25 Million from DOE
The Department of Energy recently awarded $25 million to a French company that posted net losses of about $70 million last year, and whose solar… Read More
Solar Company Hired Biden Staffer to Help Secure $1.6 Billion Federal Loan
Internal emails show that BrightSource Energy, which received the largest federal loan for a solar energy project under President Obama’s stimulus package, leveraged its considerable… Read More
Taxpayer-Backed Green Energy Firms Struggle, But Hike Executive Pay
When insurance giant AIG paid lucrative bonuses to top executives after receiving federal support, President Obama asked, “How do they justify this outrage to the… Read More
Germany Cuts Solar Subsidies, Has Its Solyndra Moment
After budget-stricken Spain eliminated subsidies for new renewable energy this year, Germany is now following the example by making significant cuts to its solar subsidy… Read More
Morning Bell: Obama Mocks Critics As Gas Prices Go Up
As you drive America’s ribbon of highway, from California to the New York island, there’s one reality that can’t be escaped — gas prices keep… Read More
CBO Debunks Myth That Tax Code Favors Oil Over Renewables
Environmental activists and liberal politicians are fond of bemoaning the supposedly disproportionate tax benefits that go to the fossil fuel industry compared to its renewable… Read More
Stimulus-Backed Solar Company Lays Off 70 Percent of Workforce
President Obama used a weekly address in July 2010 to tout his stimulus package’s support for the solar industry. One of the companies he mentioned… Read More
Subsidies and Costs in the Solar Industry
According to Germany’s environment minister, Norbert Roettgen, “Solar is a success story made in Germany.” “Success” appears to mean having the world’s largest amount of… Read More
Money Loser + $100 Million Subsidy = Money Maker?
When is a solar energy company a loan flipper instead of a solar energy company? How about when the value of its loan subsidies vastly… Read More
Markey’s Misguided View of Energy Exports
Last week, Representative Ed Markey (D–CA) sent a letter to Secretary of Energy Stephen Chu questioning whether exporting natural gas would benefit American businesses and… Read More
In Pictures: Energy Department’s Renewable Energy ‘Investments’
The Washington Post put together a handy infographic examining the distribution of $36 billion in Energy Department financing for renewable energy companies. Solar power generation… Read More
‘Solyndra Was Just the Beginning’: Experts Predict Solar Industry Collapse
Industry analysts are predicting a massive bout of bankruptcies for hundreds of American solar firms as the market for solar panels, inflated by zealous government… Read More
Scribecast: Acting ‘Green’ Is Now More Important Than Helping Environment
As environmentalism has become more trendy, the value of appearing green is now more important than helping the environment, argues Todd Myers in a new… Read More
Report: 80% of DOE Green Energy Loans Went to Obama Backers
A new book by Hoover Institution fellow Peter Schweizer details the startling extent of the cronyism that has pervaded President Obama’s “green jobs” push. According… Read More
Leaked Emails Fuel Perception of Cronyism in Solyndra Loan
In a move that is sure to intensify the already testy exchanges between the White House and congressional investigators, the House Energy and Commerce Committee… Read More
‘Green Jobs’ Proponents Continue to Tout Solyndra Program as Success
ABC’s political blog The Note included a comment from yours truly in a recent piece on the Solyndra scandal. We appreciate the folks at ABC… Read More
Congressional Investigator: More Solar Bankruptcies to Come
A top congressional investigator said on Tuesday that he believes more companies that benefitted from the stimulus bill’s renewable energy loan guarantee program will go… Read More
Energy Oversight Chairman to Discuss Solyndra Bankruptcy at Heritage
The House of Representatives’ lead investigator into federal loans given to bankrupt solar company Solyndra will preview his hearing on the issue in a discussion… Read More
Congressmen Ask White House for Documents on Solyndra’s Federal Loan
One day after solar company Solyndra closed its doors, two U.S. congressman are asking the White House for all documents related to the federal government’s… Read More
