Archive for September, 2011

solexelBy Amanda Carey

Despite Solyndra’s abrupt closing and bankruptcy announcement last month, the Department of Energy (DOE) is undeterred. Just this month, the agency made two more loan guarantees worth millions of dollars to alternative energy firms.And, as was the case with Solyndra, officials and investors with the two new companies have strong financial ties to President Barack Obama.

On September 7, the DOE announced its plan to guarantee 80 percent – or $275 million – of a $344 million private loan taken out by the firm SolarCity. The company installs rooftop solar systems that harvests electricity SolarCity then sells.

Read the rest at Daily Caller.

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ge-greenGE CEO Jeffrey Immelt, the head of Barack Obama’s Economic Advisory Panel, was invited to sit with the First Lady during the president’s speech to Congress this past week. He’s been a strong supporter of the president since he took over the White House and his companies have received plenty of government funds as well.

GE was awarded 44 contracts totaling over $46,000,000 and 44 grants totaling more than $79,000,000 from the Obama-Pelosi $757 billion dollar stimulus package. Millions of dollars in stimulus funds were used by GE in green energy projects.

Today GE announced that it was going to gut its offshore wind-power plans.

Read the rest at Gateway Pundit.

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obama-new-energy-180By Amanda Carey

Not only does the now-bankrupt solar energy firm Solyndra have a cozy financial  relationship with the Obama administration, company representatives also made numerous visits to the White House to meet with administration officials, The Daily Caller has learned.

According to White House visitor logs, between March 12, 2009, and April 14, 2011, Solyndra officials and investors made no fewer than 20 trips to the West Wing. In the week before the administration awarded Solyndra with the first-ever alternative energy loan guarantee on March 20, four separate visits were logged.

George Kaiser, who has in the past been labeled a major Solyndra investor as well as a Obama donor, made three visits to the White House on March 12, 2009, and one on March 13. Kaiser has denied any direct involvement in the Solyndra deal and through a statement from his foundation said he “did not participate in any discussions with the U.S. government regarding the loan.”

Read the rest at Daily Caller.

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solyndra-solar-panelsPart of a Joint Investigation with the Department of Energy

By RJ Middleton

FBI agents armed with search warrants descended Thursday morning on bankrupt solar company Solynrda.

The investigation comes after a request by the Department of Energy’s inspector general, FBI spokesman Peter Lee told NBC Bay Area News.

Agents arrived at Solyndra at 7a.m. and were examining the factory. Solynrda has a skeleton crew of 100 workers on the scene, who are closing the factory down.

Solyndra filed for bankruptcy last week, shocking both workers and the Obama administration, which had given the startup $535 million in low interest loans. 

The announcement was a devastating blow to Mr. Obama who is set to deliver a speech on job creation Thursday evening.

Congress has demanded a hearing into the matter. Wednesday the company was reported to be for sale.

There are no reports of any arrests at this time.

Solyndra officials made numerous visits — 20 — to the White House, according to logs and reporting by The Daily Caller.

Read the rest at NBC Bay Area News

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resignationBy William M. Briggs

In one of the most asinine, self-promoting, sniveling, absurd, nakedly political moves Wolfgang Wagner has resigned, with trumpets blazing, his editorship of Remote Sensing.

Why? Because the journal under his command dared follow its editorial guidelines, and follow them properly.

Because while adhering to procedure he allowed the Spencer and Braswell paper “On the Misdiagnosis of Surface Temperature Feedbacks from Variations in Earth’s Radiant Energy Balance” to be published, as it should have been published.

Read the rest at William M. Briggs’ blog.

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