How President Obama Is Killing Jobs
Five years on and President Obama still refuses to assume responsibility for his woeful economic record. The buck stops with Republicans, other countries, changes in… Read More
EnergyNews
Keystone XL Jobs vs. Subsidized Green Jobs
President Obama criticized the job estimate numbers from the construction of the Keystone XL pipeline in an interview with The New York Times over the… Read More
Congressional Budget Office Looks at a Carbon Tax
The Congressional Budget Office (CBO) recently released its report on the impact of a carbon tax. (Disclaimer: I provided comments to the CBO on a… Read More
Green Energy Companies Fisker and SoloPower Struggle Despite Government-Backed Loans
One foot on a banana peel, the other in the grave. That’s where Fisker Automotive and SoloPower find themselves, struggling for survival despite generous government… Read More
Electric Cars and Crony Federalism
Competition is good—but only when it encourages a “race to the top.” That’s true in business and among the states as well. Competition can encourage… Read More
The High Cost of Offshore Wind: Is Cape Wind the Next Solyndra?
Opponents have called it “another Solyndra waiting to happen.” An estimated $2.6 billion offshore wind project near Massachusetts could be awarded a $350 million Department… Read More
DOE Sitting on Taxpayer Dollars Due to Negative Publicity
Despite billions of dollars in unused loan authority remaining under the Department of Energy’s (DOE) Loan Programs Office, negative publicity surrounding the loan guarantee programs… Read More
Department of Energy: No Room for Sequestration Cuts?
President Obama is touring the country and campaigning against the spending cuts under sequestration, such as cuts to energy research. The Department of Energy (DOE)… Read More
Bankrupt Abound Solar to Bury Unused Solar Panels in Cement
Colorado-based Abound Solar has been ordered to remove and bury in cement thousands of leftover solar panels “deemed unsellable” by the Colorado Department of Public… Read More
Taxpayers Sink Deeper in Solyndra Saga: Part Two
As Part One of this series explained, bankrupt or not, Solyndra continues to dig deeper into taxpayers’ wallets. This entry examines two contracts the government… Read More
Taxpayers Sink Deeper in Solyndra Saga: Part One
Bankrupt or not, Solyndra continues to dig deeper into taxpayers’ wallets. Over the past year, the Departments of Energy (DOE) and Justice (DOJ) have doled… Read More
Ron Wyden’s Revisionist Solyndra History
In a recent interview with Platts Energy Week TV, Sen. Ron Wyden (D-OR), incoming chairman of the Energy and Natural Resources Committee, discussed his plans… Read More
Green Graveyard: 19 Taxpayer-Funded Failures
While there’s speculation over which federally supported green energy company may be the next to declare bankruptcy, plenty have already gone belly up. In one… Read More
America Doesn’t Need a Federal Department of Subsidies
Politicians too often confuse “free money” with “free markets”—that is, they consider themselves pro-business when they work deals that make some businesses happy, even though… 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
House Committee Launches Document Probe Into DOE, Abound Solar
Bankrupt solar module manufacturer Abound Solar, recipient of a Department of Energy loan guarantee of $400 million, and the subject of an official investigation in… Read More
Taxpayer-Backed Green Energy Firms Subpoenaed by Federal Watchdog
The Treasury Department’s top watchdog has opened an investigation into a popular grant program that helped finance a host of green energy projects, according to… Read More
Conservatives Outline Policy Agenda Following Presidential Debate
DENVER — Members of The Heritage Foundation’s policy team joined experts from across the country at the Conservative Political Action Conference in Colorado. The event… Read More
No More Solyndras Act: Good Start; Room for Improvement
This Friday, the House of Representatives will vote on the No More Solyndras Act, which would prohibit any new loan guarantees from Title XVII of… 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
Abound Solar Collapse Could Leave Taxpayers on the Hook for Shortfall
Abound Solar’s June bankruptcy could leave the residents of Weld County, CO, on the hook if court proceedings do not deliver the projected business personal… Read More
News
Morning Bell: Solyndra Revelations Show It’s Time to Close the “Bank of Washington”
“The Bank of Washington continues to help us!” bragged Solyndra CEO Chris Gronet in emails released last week. An investigation by the House Energy and… Read More
The 10 Most Revealing Solyndra Emails
On Thursday, the House Energy and Commerce Committee released a bombshell report detailing its investigation into bankrupt solar company Solyndra. Along with the report, the… Read More
Solyndra CEO Called the Federal Government the ‘Bank of Washington’
From today’s House Energy and Commerce Committee report on the Department of Energy’s Solyndra loan guarantee comes this startling revelation: Chris Gronet, the CEO of… Read More
White House Officials: DOE Concerned With ‘Optics’ in Solyndra Loan
When the Energy Department set out to restructure the federal loan for now-bankrupt solar company Solyndra, White House budget staffers insisted that allowing the company… Read More
Abound Solar: Doomed to Fail Because of Election-Year Politics, Investor Says
One of Abound Solar’s venture capital investors blamed election-year political games for the collapse of the Colorado-based thin film solar panel manufacturer, according to a… 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
Solyndra-Linked Executive to Lead Pentagon’s Advanced Tech Agency
A venture capital executive with ties to defunct solar company Solyndra has been hired as the new chief of the Defense Department program heading up… Read More
