One foot on a banana peel, the other in the grave. That’s where Fisker Automotive and SoloPower find themselves, struggling for survival despite generous government handouts in the form of loan guarantees and tax breaks. Should either company take a turn for the worse, a tombstone in Heritage’s “Green Graveyard” …
Today the Senate held a confirmation hearing for Gina McCarthy, President Obama’s nominee to head the Environmental Protection Agency (EPA). Heritage has provided its own questions for nominee McCarthy. If confirmed, and if her past statements are indicative of future actions, McCarthy’s tenure at the EPA will continue to lead …
A stalwart advocate of election integrity and a formidable opponent of those seeking to subvert our nation’s electoral process, Hans von Spakovsky sat down with The Wall Street Journal’s James Taranto to share his experiences fighting to protect every citizen’s right to vote. In his capacity as a senior legal …
As Part One of this series explained, bankrupt or not, Solyndra continues to dig deeper into taxpayers’ wallets. This entry examines two contracts the government awarded to the law firm Morrison & Foerster to assist in the cleanup of the failed Solyndra experiment. These examples reveal an alarming trend, one …
Bankrupt or not, Solyndra continues to dig deeper into taxpayers’ wallets. Over the past year, the Departments of Energy (DOE) and Justice (DOJ) have doled out approximately $2.5 million in taxpayer money to clean up the aftereffects of the failed Solyndra experiment. Apparently in the midst of all the paperwork, …
Ever since the Senate rejected President Obama’s cap-and-trade scheme in 2009, his administration has been hard at work to find other ways to implement a radical, environmentalist agenda. Obama made these intentions clear at a press conference in 2010 when he explained, “Cap and trade was just one way of …
Bringing the number of tombstones in Heritage’s Green Graveyard to 20 is ReVolt Technology, a Portland-based company, which specialized in developing zinc-air flow battery systems. ReVolt earned its place in the Graveyard when it declared bankruptcy, despite the fact it had been offered a whopping $10 million in funds from …
As a follow up to the Green Graveyard overview, this post provides additional information concerning the funding for each of the now-bankrupt green energy companies. In one of the most extensive compilations to date, Heritage has identified 19 bankrupt green energy companies that were unable to succeed even with the …
While there’s speculation over which federally supported green energy company may be the next to declare bankruptcy, plenty have already gone belly up. In one of the most extensive compilations to date, Heritage has identified 19 bankrupt green energy companies—unable to make it even with the $2.6 billion in financial …
