Abound Solar’s June bankruptcy could leave the residents of Weld County, CO, on the hook if court proceedings do not deliver the projected business personal property tax receipts anticipated before the company’s demise. The Greeley Tribune reports: Abound owes more than $950,000 in property taxes this year and will owe …
“The Bank of Washington continues to help us!” bragged Solyndra CEO Chris Gronet in emails released last week. An investigation by the House Energy and Commerce Committee revealed that Solyndra—the solar company that went under, taking more than $600 million in taxpayer funds with it—wasn’t ever supposed to be an …
On Thursday, the House Energy and Commerce Committee released a bombshell report detailing its investigation into bankrupt solar company Solyndra. Along with the report, the committee released a trove of emails between Solyndra stakeholders and administration officials. They paint a troubling picture of efforts to prop up the company despite its …
A new book out later this month paints a vastly different picture of President Obama’s economic stimulus than the one he sold to the American people upon taking office in 2009. Time senior correspondent Mike Grunwald, a self-proclaimed “Recovery Act cheerleader,” argues in “The NEW New Deal: The Hidden Story of Change in …
From today’s House Energy and Commerce Committee report on the Department of Energy’s Solyndra loan guarantee comes this startling revelation: Chris Gronet, the CEO of Solyndra, referred to the federal government as the “Bank of Washington,” adding, “it continues to help us.” The report underscores the degree to which the …
When the Energy Department set out to restructure the federal loan for now-bankrupt solar company Solyndra, White House budget staffers insisted that allowing the company to go bankrupt and liquidating its assets would provide greater returns for the taxpayer than the deal DOE had struck with the company’s private investors. …
Efforts to protect the environment in America have ignored the most powerful force for improving the environment: free people. The results of these misguided policies have been higher energy prices, lower incomes, less access to resources, and technological stagnation—often failing to produce tangible environmental benefits. It doesn’t have to be …
The production tax credit (PTC) for wind energy is set to expire at the end of this year, but its supporters are arguing for an everlasting extension using twisted logic. For a while, the argument was that businesses need certainty. The law as it currently stands provides certainty—eligibility for the …
“What is radiation?” That simple, three-word question largely embodies the concerns that many Americans have about nuclear power. The answer can be just as complicated as one wants to make it. According to Merriam-Webster’s dictionary, radiation is “energy radiated in the form of waves or particles.” Jim Hopson puts it …
One of Abound Solar’s venture capital investors blamed election-year political games for the collapse of the Colorado-based thin film solar panel manufacturer, according to a new interview. John Hill, discussing the demise of a company and technology he invested in both financially and emotionally, acknowledged that the company’s troubles could …
