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    Ron Wyden's Revisionist Solyndra History

    In a recent interview with Platts Energy Week TV, Sen. Ron Wyden (D-OR), incoming chairman of the Energy and Natural Resources Committee, discussed his plans to revise government loan programs that he claimed don’t do enough to boost innovative green energy projects. “Right now they’re not doing enough to encourage … More

    DOE Issues Nearly $1 Million to Ailing A123 on Day of Bankruptcy Filing

    The Department of Energy’s clean energy grant-making program delivered a reimbursement to ailing battery maker A123 approaching $1 million on the same day the company filed for bankruptcy, according to Reuters: The company, which makes lithium ion batteries for electric cars, filed for Chapter 11 bankruptcy protection last month after … More

    Two More Stimulus-Backed Solar Companies Announce Layoffs

    A pair of foreign-owned solar companies that benefited from a combined $84 million in Energy Department tax credits have announced they will lay off employees. One of the companies, German-owned SolarWorld, was integral in the fight for tariffs against the importation of Chinese photovoltaic solar panels. The other, Chinese company SunTech, blamed … More

    Pentagon More Active in 'Green' Energy than the Energy Department

    According to a new report on financial waste in the Department of Defense, the Pentagon initiated more renewable energy projects in 2010 – the year measured – than any other federal agency, including the Energy Department and the Environmental Protection Agency. Those findings are detailed in a report (embedded below) released Thursday … More

    Michigan's Rejection of Renewable Energy Mandate Avoids Higher Costs

    Michigan voters rejected a proposed state constitutional amendment last week that would have imposed a mandate requiring the state’s utilities to source 25 percent of their electric sales annually from renewable energy by 2025. Proposal 3, dubbed “25 by 25,” called for more renewable energy from wind, solar, biomass, and … More

    Energy Independence the Free-Market Way

    It was clear in pre-election discussion that Americans want energy independence. The most successful means to this end has been the free market—and the release of the International Energy Agency’s (IEA) annual World Energy Outlook proves it. IEA projects that while global energy demand will climb, America will emerge as … More

    The Top 3 Special Interests Expecting Favors During Obama's Second Term

    President Obama enjoyed support from some key constituencies in his successful reelection bid. Some of those groups are surely expecting to benefit from another four years of his Administration. Here are three groups likely to get some sort of payout during a second Obama term. Big Labor Labor unions have … 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

    Green-Energy Projects Face Opposition From Green Groups

    “We need green energy. Just not here.” Do those words sound familiar? That’s quite often the case with so-called proponents of green energy. The acronym NIMBY (not in my back yard) should really be replaced with BANANA (build absolutely nothing anywhere near anything), according to Ryan Yonk, coauthor of a … More