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    Department of Energy: No Room for Sequestration Cuts?

    President Obama is touring the country and campaigning against the spending cuts under sequestration, such as cuts to energy research. The Department of Energy (DOE) itself has claimed that it may have to “curtail vital programs” and furlough employees in light of sequestration. The Heritage Foundation has already identified wasteful … More

    Green Graveyard: An In-Depth Look at Government's Bad Bets on 19 Now-Bankrupt Companies

    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 … More

    Green Graveyard: 19 Taxpayer-Funded Failures

    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 … More

    President Obama's Taxpayer-Backed Green Energy Failures

    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 … More

    'Smart Grid' Manufacturers the Next 'Green' Sector Under Fire

    Government-backed solar companies have taken a beating over the last few months, with Solyndra garnering most of the attention. But since the solar company’s bankruptcy in late August, another sector of the “green economy” has moved to the edge of a financial cliff: the renewable electricity grid. Like Solyndra, a … More