Posts Tagged ‘Green energy’

The Art of Waste: Recycling SOLyndra


Monday September 3rd, 2012   •   Posted by Lloyd Billingsley at 7:02pm PDT   •   2 Comments

“Solyndra’s power solutions offer strong return on investment and make great business sense.” That is a rather strange claim for the website of Solyndra Inc., accessed on August 29, 2012 no less. Some history is in order. Solyndra was the first renewable energy firm to get federal stimulus money and bagged $535 million in…
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U.S. Government’s Ethanol Boondoggle Raising Food Prices Worldwide


Thursday August 16th, 2012   •   Posted by David Theroux at 12:36am PDT   •   4 Comments

The Wall Street Journal reports in “Ethanol vs. the World: The corn fuel mandate is raising food prices and hurting the poor,” that the massive federal corporate welfare subsidies to corn farmers and mandates for ethanol production are “a man-made disaster that could be stopped if the EPA or others in Washington cared for…
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$100 Billion of Corporate Welfare


Wednesday August 8th, 2012   •   Posted by Craig Eyermann at 9:37am PDT   •   10 Comments

How much welfare do corporations receive as a direct cash benefit from the U.S. government? According to a recently published Cato Institute policy analysis, it’s nearly 100 billion dollars. We mined the report to visualize which U.S. government agencies or spending categories are the biggest recipients of the largesse of U.S. politicians: The majority…
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“Green” Firm Gets Subsidies to Sell Solar Panels to Itself!


Monday March 19th, 2012   •   Posted by David Theroux at 4:18pm PDT   •   2 Comments

In “Firm sells solar panels — to itself, taxpayers pay” in the Washington Examiner, Timothy Carney reports that First Solar has received $17.3 million in corporate-welfare subsidies from the Obama administration and then an additional $455.7 million in loan guarantees from the Export-Import Bank to purchase its own solar panels: A heavily subsidized solar…
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$10 Billion in “Green” Corporate Welfare: Less Jobs and More Bankruptcies


Saturday February 25th, 2012   •   Posted by David Theroux at 7:22pm PST   •   3 Comments

In “Cost of $10 Billion Stimulus Easier to Tally Than New Jobs” in the Wall Street Journal, Ianthe Jeanne Dugan and Justin Scheck report that the mega-billions in corporate-welfare subsidies to solar, wind, geothermal and other “green” businesses (under section 1603 of the American Recovery and Reinvestment Act of 2009) have resulted in far…
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Obama’s Answer to Higher Gasoline Prices: Raise Taxes


Tuesday April 26th, 2011   •   Posted by David Theroux at 6:43pm PDT   •   0 Comments

Gasoline prices have continued to rise now for 35 straight days. Gas pump prices have climbed for 35 straight days even though industry surveys show Americans have started to drive less. The national average rose by a penny to hit $3.87 per gallon on Tuesday, more than a dollar higher than it was last…
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Gasoline Prices Skyrocket Up 100% Under Obama


Thursday March 31st, 2011   •   Posted by David Theroux at 8:27pm PDT   •   3 Comments

In “Gasoline up 100% under Obama,” James S. Robbins reports in the Washington Times that: Gas prices have doubled since Mr. Obama took office. According to the GasBuddy gasoline price tracking web site, the price of a gallon of regular gas was around $1.79 when Mr. Obama took office. Today the national average is…
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