Letter: ‘Green Energy’ costs taxpayers the green, he saysTO THE EDITOR: This is a list of companies that have failed after receiving billions of your tax dollars since 2008.
By: Michael Cole, Stockholm, Pierce County Herald
TO THE EDITOR: This is a list of companies that have failed after receiving billions of your tax dollars since 2008.
Amonix Solar – $20 million.
Solar Trust of America-bankrupt.
Solyndra- $500 million.
Bright Source- $1.6 billion.
LSP Energy bankrupt 2/2012.
Energy Conversion Devices 2/2012.
Abound Solar- 6/2012 $400 million.
Sun Power- owned by Total Oil, who bailed them out, is struggling.
Beacon Power – $43 million.
Evergreen Solar-$527 million.
Ener1- $100 million.
And the list goes on of companies funded by “stimulus dollars” that have failed. All told, about $36 billion worth.
Steven Chu, Obama’s Energy Secretary, stated “we need to find a way to get U.S. gas prices to European levels.”
They are doing a good job. Gas was $1.84 in 2008 and now it’s $3.70? We need to remind them that America runs on gas. All the sun does for my car is burn my butt. I would rather eat corn or feed it to my animals than put it in my tank.