A new book by Hoover Institution fellow Peter Schweizer details the startling extent of the cronyism that has pervaded President Obama’s “green jobs” push. According to Schweizer, 4 out of every 5 renewable energy companies backed by the Energy Department was “run by or primarily owned by Obama financial backers.” …
If Americans needed any further proof that the Obama Administration is one of the most political on record, or that, for all the recent demagoguing, it really cares only about re-election, not about job creation, then you need look no further than its cynical Keystone XL oil pipeline decision last …
In a move that is sure to intensify the already testy exchanges between the White House and congressional investigators, the House Energy and Commerce Committee today released a series of emails showing that Obama donor and Solyndra investor George Kaiser explicitly mentioned the now-bankrupt solar company in talks with administration …
Yesterday, the Department of Interior released its new five-year offshore drilling plan. Unfortunately, the program is far less expansive when it comes to opening areas to access, exploration, and drilling than it should be. The plan schedules 15 possible lease sales in the 2012–2017 time horizon—10 in the central and …
Two new chapters in the Solyndra scandal were written today, one involving a potential bailout of the company and the latest regarding Congress’s move to subpoena the White House for related communications. Meanwhile, the Department of Energy’s Office of Inspector General is “is investigating more than 100 potential instances of …
When the government-backed Solyndra filed for Chapter 11 bankruptcy, policymakers supportive of the loan-guarantee program said variations of the following: “If this were a venture capital firm and only one out of 10 projects failed, they would be a great success.” That would be fine if it were private money, …
It’s yet another inauspicious announcement the Obama Administration didn’t want you to hear. Late on Friday, the White House announced that it ordered an independent review of loans made by the Department of Energy to energy companies after months of weathering criticism for its $528 million loan to the now-bankrupt …
The White House will not say whether it will comply with a subpoena from a House committee related to its involvement in the Solyndra scandal. Instead, the administration has opted to open its own investigation into the loan program that backed the defunct solar company – though that investigation will …
