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"You and I have a rendezvous with destiny. We will preserve for our children this, the last best hope of man on earth, or we will sentence them to take the first step into a thousand years of darkness. If we fail, at least let our children and our children's children say of us we justified our brief moment here. We did all that could be done."
Ronald Reagan




Friday, October 19, 2012

Barack Obama - Tax-payer Investments in Green Energy

36 companies that have received federal support from taxpayers have either gone bankrupt or are laying off workers and are heading for bankruptcy.

This list includes only those companies that received federal money from the Barack Obama Administration’s Department of Energy.
  1. Evergreen Solar ($24 million - Filed for Bankruptcy)
  2. SpectraWatt ($500,000 - Filed for Bankruptcy)
  3. Solyndra ($535 million - Filed for Bankruptcy)
  4. Beacon Power ($69 million - Filed for Bankruptcy)
  5. AES’s subsidiary Eastern Energy ($17.1 million)
  6. Nevada Geothermal ($98.5 million)
  7. SunPower ($1.5 billion)
  8. First Solar ($1.46 billion)
  9. Babcock and Brown ($178 million)
  10. EnerDel’s subsidiary Ener1 ($118.5 million - Filed for Bankruptcy)
  11. Amonix ($5.9 million)
  12. National Renewable Energy Lab ($200 million)
  13. Fisker Automotive ($528 million)
  14. Abound Solar ($374 million - Filed for Bankruptcy)
  15. A123 Systems ($279 million - Filed for Bankruptcy)
  16. Willard and Kelsey Solar Group ($6 million)
  17. Johnson Controls ($299 million)
  18. Schneider Electric ($86 million)
  19. Brightsource ($1.6 billion)
  20. ECOtality ($126.2 million)
  21. Raser Technologies ($33 million - Filed for Bankruptcy)
  22. Energy Conversion Devices ($13.3 million - Filed for Bankruptcy)
  23. Mountain Plaza, Inc. ($2 million - Filed for Bankruptcy)
  24. Olsen’s Crop Service and Olsen’s Mills Acquisition Company ($10 million - Filed for Bankruptcy)
  25. Range Fuels ($80 million - Filed for Bankruptcy)
  26. Thompson River Power ($6.4 million - Filed for Bankruptcy)
  27. Stirling Energy Systems ($7 million - Filed for Bankruptcy)
  28. LSP Energy ($2.1 billion - Filed for Bankruptcy)
  29. UniSolar ($100 million - Filed for Bankruptcy)
  30. Azure Dynamics ($120 million - Filed for Bankruptcy)
  31. GreenVolts ($500,000)
  32. Vestas ($50 million)
  33. LG Chem’s subsidiary Compact Power ($150 million)
  34. Nordic Windpower ($16 million - Filed for Bankruptcy)
  35. Navistar ($10 million)
  36. Satcon ($3 million - Filed for Bankruptcy)

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