Stabenow: Let’s Get the DOE Auto Loan Program Going Again
Sen. Debbie Stabenow (D., Mich.) said she is “working with” the Department of Energy to revive the department’s dormant $25 billion auto loan program that has not closed a loan in two years.
Sen. Debbie Stabenow (D., Mich.) said she is “working with” the Department of Energy to revive the department’s dormant $25 billion auto loan program that has not closed a loan in two years.
Vice President Joe Biden and the White House pressured the Department of Energy to issue a loan guarantee in 2010 for a wind farm in Oregon, undermining the president’s claim of political neutrality in the loan process.
An Obama administration official actively collaborated with a prominent left-wing think tank in 2011 to advance the president’s green energy agenda, in possible violation of federal law, emails obtained by the Washington Free Beacon show.
A congressional panel has found that it takes a lot of political clout to obtain subsidies for electric vehicles under the Obama administration.
The Energy Department attempted to help an Obama money-man recoup his losses from the bankrupt, federally backed solar panel company Solyndra ahead of taxpayers.
Two years after the Department of Energy gave Japanese carmaker Nissan a $1.4 billion loan to retrofit a Tennessee plant for electric car production, consumers are claiming that the Nissan Leaf loses up to half of its battery life in severe heat.
After squabbling behind closed doors, House Republicans have united behind the No More Solyndras Act, a bill to finish the energy loan guarantee program.
A new study conducted by the U.S. Partnership for Renewable Energy Finance estimates that tax credits for solar energy companies will pay for themselves, but only if those companies survive for 30 years.
The former head of the Department of Energy’s controversial loan guarantee program held a high-power soiree for Al Gore while interviewing for the position, and invited two of the DOE officials interviewing him to attend, according to recently disclosed emails.
Another renewable energy company backed by millions of dollars in federal grants has shuttered its doors, the Las Vegas Review-Journal reports.