(Photo credit: Mary MacFarlane) A Colorado-based free-market think tank located in Denver challenged the state’s paper of record when it launched a media blitz that included a billboard (seen above) accusing the media outlet of ignoring one of the state’s largest green energy failures this year. Jon Caldara, president of …
President Obama is putting off major environmental regulations until after the November elections in order to avoid the political blowback of the economic damage those regulations will cause, according to a new Senate report. Environmental regulators in the Obama administration “don’t want this economic pain to hit American families just …
A solar company that got a multi-million-dollar grant from the Department of Energy earlier this year announced Wednesday that it will file for Chapter 11 bankruptcy protection, making it the second taxpayer-backed green energy company to file for bankruptcy this week. Satcon Technology Corp. announced the decision in a Wednesday …
It is no secret that President Obama’s and green energy supporters’ (from both parties) foray into venture capitalism has not gone well. But the extent of its failure has been largely ignored by the press. Sure, single instances garner attention as they happen, but they ignore past failures in order …
A123, recipient of a $249 million Department of Energy manufacturing grant, warned of impending debt default and cash problems that forced the company to seek bankruptcy protection. With 14 straight quarterly losses–nearly $83 million in 2nd Quarter 2012 and $125 million in the previous quarter, on top of $258 million …
Another green-energy-related company built on government subsidies is having trouble keeping its head above water. This time, the scandal surrounds Compact Power, a subsidiary of LG Chem.* In 2010, the Obama Administration proudly gave Compact Power a $150 million grant to build a vehicle battery manufacturing facility in Michigan. These …
Tonight at Centre College in Danville, KY, Vice President Joe Biden squares off against Representative Paul Ryan in their one and only encounter on the national stage. Both domestic and foreign policy topics are on the agenda for the vice presidential debate. Heritage is streaming it live and has a …
Bankrupt solar module manufacturer Abound Solar, recipient of a Department of Energy loan guarantee of $400 million, and the subject of an official investigation in its home state of Colorado, now faces additional scrutiny in the form of a document probe from the House Energy and Commerce Committee. The letter …
California’s nation-high gas prices are receiving national attention. The price of $4.67 per gallon, an increase of about 50 cents in the past week, is 86 cents higher than the national average. Representative Henry Waxman (D–CA) and Senator Barbara Boxer (D–CA) are quick to speculate about market manipulation and are …
