Green Energy Ripoff

GREEN ENERGY RIPOFF

Some 80% of Green Energy Loans Went to Obama Donors and 19 of those companies went broke. And, it’s expensive. Solar power is 35¢ per kilowatt compared to coal, gas and oil that costs 5¢ per kilowatt.

Here’s a list of the green companies that have gone bust since receiving Obama dollars:

Evergreen Solar
SpectraWatt
Solyndra (received $535 million)
Beacon Power (received $43 million)
AES’ subsidiary Eastern Energy
Nevada Geothermal (received $98.5 million)
SunPower (received $1.5 billion)
First Solar (received $1.46 billion)
Babcock & Brown (an Australian company which received $178 million)
Ener1 (subsidiary EnerDel received $118.5 million)
Amonix (received 5.9 million)
The National Renewable Energy Lab
Fisker Automotive
Abound Solar (received $400 million)
Chevy Volt (taxpayers basically own GM)
Solar Trust of America
A123 Systems (received $279 million)
Willard & Kelsey Solar Group (received $6 million)
Johnson Controls (received $299 million)
Schneider Electric (received $86 million)

That’s 19 companies and counting so far. We also know that loans went to foreign clean energy companies.