It is Department of Energy policy to ignore the federal government’s own criminal investigations into companies applying for taxpayer funding. The admission came from a DOE official who testified at a congressional hearing Thursday. The hearing focused on federal support for Ecotality, a company that manufactures electric vehicle charging stations. …
As a congressional panel looks into federal support for a major electric vehicle charging station manufacturer, more questions about the company’s political connections are surfacing. They speak to a virtual constant among recipients of federal “green energy” money: beneficiaries enjoy significant political connections. The company in question, Ecotality, has received …
The Energy Department’s inspector general released a report recently highlighting the lack of financial oversight in the Department’s electric vehicle funding program. The report underscores problems with some of the program’s beneficiaries highlighted here at Scibe and under scrutiny by congressional investigators. The IG report focuses on DOE’s Transportation Electrification …
When insurance giant AIG paid lucrative bonuses to top executives after receiving federal support, President Obama asked, “How do they justify this outrage to the taxpayers who are keeping the company afloat?” But three years later, numerous green energy companies backed financially by the administration are paying out large salaries …
The General Services Administration blew through $820,000 in taxpayers’ money in a lavish ”team building” trip to Las Vegas, and President Barack Obama is “apoplectic” at the news, according to the president’s campaign advisor, David Axelrod. Obama, he says, has devoted his efforts to saving “tens of billions of dollars” in …
The Energy Department has yet to comply with a congressional request for information on a stimulus-backed company under investigation for insider trading and facing serious financial difficulties. Rep. Andy Harris (R-MD), who chairs the House Energy and Environment Subcommittee on Science, Space, and Technology, asked Energy Secretary Steven Chu for …
Part one of a three-part series. Scribe has obtained a copy of a Securities and Exchange Commission subpoena sent to Donald Karner, former CEO of Ecotality North America (formerly called eTec), the subsidiary of a company that recieved roughly $115 million in stimulus grants to manufacture charging stations for electric …
Congress is asking questions about a stimulus-backed electric vehicle company that received millions in taxpayer dollars even after the Securities and Exchange Commission opened an investigation into the company for insider trading. Ecotality, which manufactures charging stations for electric vehicles, was hit with an SEC subpoena in October 2010, a …
