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.
Another renewable energy company backed by millions of dollars in federal grants has shuttered its doors, the Las Vegas Review-Journal reports.
The Obama administration is using prison labor to advance its green energy agenda, enriching foreign companies and some of the president’s largest campaign donors in the process.
Newly discovered documents reveal that Abound Solar, a company heavily invested in by a major Obama supporter and which was touted by the Obama administration as a “green energy success story,” experienced troubling failures before receiving a massive federal loan guarantee from the Department of Energy.
The Department of Interior’s fast-tracked approval of several major solar projects in California and Nevada has raised questions over negative environmental impacts and the agency’s adherence to environmental regulations. On March 11, 2009, the Department of Interior [DOI] issued a secretarial order to fast track the siting of renewable energy projects on public lands managed by the agency. The move was part of the administration’s larger green energy initiative, which has pumped billions of dollars in stimulus money into renewable energy.