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Subject Obama’s Taxpayer-Backed Green Energy Failures

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[quote:Bluebird:MV8yMDIxNTQ3XzMzOTcxODgyXzcxOTY1NjYz]
[quote:Anonymous Coward 18304550:MV8yMDIxNTQ3XzMzOTcwNzU0XzlFQkJBRDQz]
What you and many others fail to understand is that these companies don't have a chance as long as the big energy and oil corporations are around and keeping us enslaved to them.  Obama had the right idea however if the public wants to continue to buy gasoline powered cars and pay the utility companies instead of investing in green energy then it's a no win situation.  It's actually very sad.
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What you dont' understand is that there has to be something in place to use a particular source of energy before it can be implemented.  That takes a very long time and a lot of work to get ready for a new technology.

Obama is trying to just do it instantly as though these technologies to use the green energy already exist when in fact they do not.

Case in point his pledge to bankrupt the coal industry BEFORE there is anything to take it's place in the production of electricity.  It's going to be a major disaster for our utility bills because of Obama using our tax money prematurely like this to buy himself votes from his cronies.
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Original Message The complete list of faltering or bankrupt green-energy companies:

Evergreen Solar ($24 million)*
SpectraWatt ($500,000)*
Solyndra ($535 million)*
Beacon Power ($69 million)*
AES’s subsidiary Eastern Energy ($17.1 million)
Nevada Geothermal ($98.5 million)
SunPower ($1.5 billion)
First Solar ($1.46 billion)
Babcock and Brown ($178 million)
EnerDel’s subsidiary Ener1 ($118.5 million)*
Amonix ($5.9 million)
National Renewable Energy Lab ($200 million)
Fisker Automotive ($528 million)
Abound Solar ($374 million)*
A123 Systems ($279 million)*
Willard and Kelsey Solar Group ($6 million)
Johnson Controls ($299 million)
Schneider Electric ($86 million)
Brightsource ($1.6 billion)
ECOtality ($126.2 million)
Raser Technologies ($33 million)*
Energy Conversion Devices ($13.3 million)*
Mountain Plaza, Inc. ($2 million)*
Olsen’s Crop Service and Olsen’s Mills Acquisition Company ($10 million)*
Range Fuels ($80 million)*
Thompson River Power ($6.4 million)*
Stirling Energy Systems ($7 million)*
LSP Energy ($2.1 billion)*
UniSolar ($100 million)*
Azure Dynamics ($120 million)*
GreenVolts ($500,000)
Vestas ($50 million)
LG Chem’s subsidiary Compact Power ($150 million)
Nordic Windpower ($16 million)*
Navistar ($10 million)
Satcon ($3 million)*
*Denotes companies that have filed for bankruptcy.

[link to blog.heritage.org]

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