By 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 […]
Archive | Solar Power
Solyndra officials made numerous trips to the White House, logs show
By 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, […]
FBI at Solyndra Headquarters
Part 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. […]
Study: Minnesota’s Renewable Energy Mandate Will Damage State Economy with Little-to-No Benefit to Environment
By American Tradition Institute As the new state legislature scrutinizes Minnesota’s restrictive energy policies, a study commissioned by the American Tradition Institute and the Minnesota Free Market Institute provides several reasons for lawmakers and new Gov. Mark Dayton to reverse the state’s damaging Renewable Portfolio Standard. The study found that Minnesotans would pay $15 billion more […]
Defections Shake Up Climate Coalition
By Stephen Power And Ben Casselman Three big companies quit an influential lobbying group that had focused on shaping climate-change legislation, in the latest sign that support for an ambitious bill is melting away. Oil giants BP PLC and ConocoPhillips and heavy-equipment maker Caterpillar Inc. said Tuesday they won’t renew their membership in the three-year-old […]
Capping and Trading for Profit
By Jack Duckworth The Washington Times reports that three utilities and two manufactures, Nike Inc. and Apple Inc., resigned from the U.S. Chamber of Commerce because of the chamber’s fight against the proposed “cap-and-trade” legislation (“Backers of climate bill quit chamber,” Page 1, Tuesday). I worked for the Federal Energy Regulatory Commission and its predecessor, […]
America's Power System Is Powerless
Why “Smart Grid” Technology is Dumb By William Yeatman and Jeremy Lott America is a beacon of capitalism, so it can be jarring to discover one of its largest industries is a redoubt of socialism. State governments have been running the electricity business, currently a $330-billion-a-year industry, since Theodore Roosevelt pounded his White House bully […]