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The Water Cooler
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If You're Anti-Fracking, Then You’re Anti-Renewables
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<blockquote data-quote="dennishoddy" data-source="post: 2901021" data-attributes="member: 5412"><p>Back on track, </p><p>The <a href="http://greencorruption.blogspot.com/2012/10/green-alert-tracking-president-obamas.html#.UI6QZ8U1-6X" target="_blank"><u>blog</u></a> Green Corruption’s “Obama green-energy failure” list contains 23 bankrupt and 27 troubled green energy companies which were backed by the federal government. This list uses data compiled by the Heritage Foundation, but also includes some things the conservative think tank doesn’t.</p><p></p><p>According to the Heritage Foundation, $80 billion was set aside in the 2009 stimulus package for clean energy loans, grants, and tax credits, and 10 percent of these funds have gone to companies that have filed for bankruptcy or are in dire straits.</p><p></p><p>The Green Corruption estimates are on the high end as others have total number of bankrupt and troubled green energy firms much lower.</p><p></p><p>The Heritage Foundation’s <a href="http://blog.heritage.org/2012/10/18/president-obamas-taxpayer-backed-green-energy-failures/" target="_blank"><u>list</u></a> contains 34 companies that have either filed for bankruptcy or are faltering as of October 18. Of those 34 listed, nineteen have filed for bankruptcy and fifteen are considered faltering.</p><p></p><p></p><p></p><p>Read more: <a href="http://dailycaller.com/2012/10/30/as-many-as-fifty-obama-backed-green-energy-companies-bankrupt-or-troubled/#ixzz4IDdTaHpu" target="_blank"><u>http://dailycaller.com/2012/10/30/as-many-as-fifty-obama-backed-green-energy-companies-bankrupt-or-troubled/#ixzz4IDdTaHpu</u></a></p><p></p><p>It seems with companies like solyndria and others, when Obama advocated for "green energy" its the code word for send me campaign money and I will reward you later.</p><p>He did, and the companies went belly up. If you research the owners and managers, they left with much more in their bank accounts than before those businesses belly'd up. The people that suffered were the workers.</p><p>If wind farms were not supported by tax payer dollars, they would stand as monuments of a failed technology. They just can't support themselves without tax payer support.</p></blockquote><p></p>
[QUOTE="dennishoddy, post: 2901021, member: 5412"] Back on track, The [URL='http://greencorruption.blogspot.com/2012/10/green-alert-tracking-president-obamas.html#.UI6QZ8U1-6X'][U]blog[/U][/URL] Green Corruption’s “Obama green-energy failure” list contains 23 bankrupt and 27 troubled green energy companies which were backed by the federal government. This list uses data compiled by the Heritage Foundation, but also includes some things the conservative think tank doesn’t. According to the Heritage Foundation, $80 billion was set aside in the 2009 stimulus package for clean energy loans, grants, and tax credits, and 10 percent of these funds have gone to companies that have filed for bankruptcy or are in dire straits. The Green Corruption estimates are on the high end as others have total number of bankrupt and troubled green energy firms much lower. The Heritage Foundation’s [URL='http://blog.heritage.org/2012/10/18/president-obamas-taxpayer-backed-green-energy-failures/'][U]list[/U][/URL] contains 34 companies that have either filed for bankruptcy or are faltering as of October 18. Of those 34 listed, nineteen have filed for bankruptcy and fifteen are considered faltering. Read more: [URL='http://dailycaller.com/2012/10/30/as-many-as-fifty-obama-backed-green-energy-companies-bankrupt-or-troubled/#ixzz4IDdTaHpu'][U]http://dailycaller.com/2012/10/30/as-many-as-fifty-obama-backed-green-energy-companies-bankrupt-or-troubled/#ixzz4IDdTaHpu[/U][/URL] It seems with companies like solyndria and others, when Obama advocated for "green energy" its the code word for send me campaign money and I will reward you later. He did, and the companies went belly up. If you research the owners and managers, they left with much more in their bank accounts than before those businesses belly'd up. The people that suffered were the workers. If wind farms were not supported by tax payer dollars, they would stand as monuments of a failed technology. They just can't support themselves without tax payer support. [/QUOTE]
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