World's Largest Solar Plant Requests Federal Grant To Pay Off Federal Loan

Posted by khalling 9 years, 5 months ago to Politics
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The company oned by billionaires received the loans with direct contact from the White House. Obama will reside nearby his crony buddies when his Presidency ends. Although the House committee on Oversight has called the actions of this company appalling and otrageous, they still seek the bailout. Oh and the monstrousity kills tens of thousands of birds per year.
SOURCE URL: http://www.foxnews.com/politics/2014/11/08/world-largest-solar-plant-applying-for-federal-grant-to-pay-off-its-federal/


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  • Posted by $ jbrenner 9 years, 5 months ago
    And to think Obama's going all in on solar was the final blow for my biofuels business. I told everyone who was there at the time (and the ten of us at dinner last night that the return on investment for solar panels was 90 years if unsubsidized). The new British boyfriend of one of my wife's friends was trying to convince people of the return on investment of solar power in the UK (about 8-10 years when subsidized by the taxpayers). It was definitely a time to tell the AS story, so I did (in part).
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    • Posted by salta 9 years, 5 months ago
      I can understand the Brit's enthusiasm. Solar is very heavily subsidized in other parts of europe as well. There have been cases in Spain where they powered UV lamps from the grid, shining onto the panels at night to sell the "solar" power back to the grid. Even with the energy losses, the subsidy-inflated price they sell the solar power at made it profitable.
      (This story was from years ago, so I would hope it has been stopped now, but with the right kickbacks who knows!)
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      • Posted by $ jbrenner 9 years, 5 months ago
        The subsidies have not stopped. I knew this was not a new story, but it opened an old wound for me. The ten of us in my biofuels business had all read AS. I was actually one of the last to do so. When Obama got elected, we put our business on the market. We sold it shortly after I heard that Solyndra got its cash infusion (long before the scandal hit them).
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  • Posted by johnpe1 9 years, 5 months ago
    let's see ... you borrow money from a guy, and then
    find that you can't pay it off. . then, you ask the same guy
    if you can borrow some more, so that you *can* pay him off.

    this is insanity. -- j

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  • Posted by $ Thoritsu 9 years, 5 months ago
    Google and NRG can't pay this back? Are you kidding?

    As for the birds, well...it's not like they are the desert tortoise or something important.

    Pathetic, pathetic, pathetic.

    Biodiesel is right there, works just fine and is almost straight-up competitive at $4/gal for diesel. It is almost carbon neutral (if you care about such things)...It just doesn't sound as cool as solar to the non-technical green zealots.
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  • Posted by Herb7734 9 years, 5 months ago
    If the new Congress approves this loan, or if it gets approved this year and is not struck down by being undone, we will know that all we did was elect Democrat Lite.
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  • Posted by $ Abaco 9 years, 5 months ago
    Energy and medicine...the government will control you through your health and keeping your lights on and your water pumping. They'll control the pipeline. They'll make sure you get charged a lot for it, too.
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  • Posted by fivedollargold 9 years, 5 months ago
    $5Au is thinking of applying for a Federal grant to teach birds to avoid solar mirror arrays. First step is to apply for a Federal grant to funnel money to Democrat politicians. Second step--host an Obama fundraiser. Third step is to create several liberal blogs to talk up the plan to save the birds. Repeat steps one and two. Step four--acquire donation from California leftist billionaire. Step five--get Streisand to sing at celebrity $25,000 a plate gala. Step six--market "save the birds" paraphernalia. Step seven--get Michael Moore to make film about Tea Party bird haters. Step eight--appear on MSNBC to tout new book on plan to save birds and reduce climate change through sale of "bird credits" similar to carbon credits sold by Al Gore's company. Step nine--open save the birds office on K-Street and staff with lobbyists. Step ten--expand to Europe and Asia. Step eleven--media blitz on our save the birds efforts. Step twelve--buy Carribean island "bird sanctuary" and retire.
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  • Posted by Robbie53024 9 years, 5 months ago
    and likely federal price supports in the future, and protection from federal prosecution for slaughtering tens of thousands of birds, and federal legislation to require purchase of this overpriced energy source, and federal protection ...
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