Blowing More Taxpayer Money for Offshore Wind
Much of the debate over wind subsidies this past year has been over the extension of the wind production tax credit. But even if the… Read More
Two More Stimulus-Backed Solar Companies Announce Layoffs
A pair of foreign-owned solar companies that benefited from a combined $84 million in Energy Department tax credits have announced they will lay off employees. One of… 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
GM Shuts Down Chevy Volt Production
General Motors is halting production of the poorly selling Chevy Volt to accommodate a redesigned Chevy Impala. The impending four-week shutdown of the electric car… Read More
Pickens Admits: Subsidies Are Unnecessary
It’s difficult to believe that less than a year ago, proponents of expanding the natural gas industry insisted that it needed federal subsidies. But at… Read More
Morning Bell: Wind Energy Subsidies Are As Useful As VHS Tape Subsidies
The wind production tax credit is set to expire at the end of this year, which has the industry crying out for continued subsidies. Heritage’s… Read More
DOE Sent Millions to Solar Firm That Lacked ‘Economically Viable’ Product
Amonix, the solar panel manufacturer whose Las Vegas plant ceased operations in May, managed to secure millions in federal grants and potential tax breaks even… 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
Will Electric Cars Make It Without Bailouts?
Perhaps buyers are waiting for President Obama’s proposed $10,000 tax credit for the Chevy Volt. Despite government bailout money and incentives, GM temporarily halted Volt… Read More
Obama’s $10,000 Subsidies for Electric Cars Aren’t So Popular
President Barack Obama wants to see one million electric cars on the road by 2015, and he wants to spend more taxpayer dollars to make… Read More
