The federal energy loan program that has created headaches for President Barack Obama has a Mitt Romney connection.... Read more»
The misleading assault on the president’s energy policies continues. Regarding the pipeline, there’s nothing stopping more Canadian oil from coming into the U.S. right now. Existing cross-border pipelines could carry perhaps 1 million additional barrels of oil per day.... Read more»
The Department of Energy was aware of the risks in backing Solyndra Inc., a start-up company that pocketed a half-billion dollar DOE loan, a former FBI agent who examined the company’s books found.... Read more»
Some green energy companies financed by the Department of Energy have gone bankrupt — but not before they doled out six-figure bonuses to top executives.... Read more»
Just two days after President Obama referenced Ener1, an electric battery maker that received a $118 million grant from the U.S. Department of Energy, the company has filed for Chapter 11 bankruptcy protection.
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Dozens of Barack Obama’s elite donors have been appointed to advisory panels and commissions that can play a role in setting government policy. Others have been invited to a range of exclusive White House briefings, holiday parties and splashy social events.... Read more»2
It’s not every day that the New York Times makes a compelling case against government giveaways. But a recent page-one article underscored that the Solyndra scandal was only the tip of the solar-subsidy iceberg.... Read more»
Solar may one day provide a robust alternative to fossil fuels. But it’s probably going to require a set of market conditions that may not exist for quite some time. In the meantime, if enough venture capital investors think it’s a worthwhile gamble, let’s make sure government doesn’t get in their way.... Read more»
The fallout from the government’s failed $535 million bet in solar panel maker Solyndra expanded Friday, with the Obama administration seeking an independent audit of Energy Department loans even as the Republican-led House Energy committee threatened a subpoena of the president.... Read more»
Fallout over the collapse of Solyndra, whose bankruptcy may cost taxpayers $535 million in federal loan guarantees, has called into question the tax status of the foundation of a major investor in the solar company.... Read more»1
There is a segment of the U.S. economy that employs more than 100,000 people – and during the past year, employment in that segment grew by more than 6.8 percent. That bright spot is the U.S. solar industry - one of the fastest-growing industries in the nation.... Read more»
As it scrambled to save the flagship company of the Obama administration’s green energy program, the Energy Department ignored repeated warnings from top Treasury Department officials that it was not following guidelines in refinancing Solyndra’s half-billion dollar federal loan, a Congressional hearing Friday revealed.... Read more»
The CEO of Solyndra, a California-based solar energy company that received a controversial $535 million loan guarantee from the Obama administration, has resigned.... Read more»
President Obama exaggerated when defending his administration’s approval of a $535 million loan guarantee to Solyndra, a now-defunct solar company.... Read more»
The head of the Energy Department’s embattled loan program, Jonathan Silver, resigned Thursday after a tumultuous month during which the program’s first loan recipient, the solar panel manufacturer Solyndra, declared bankruptcy, leading to a wave of scrutiny for his agency.... Read more»
New White House emails show a top donor to Barack Obama was in direct contact with one of the president’s closest advisers about the federal energy loan program.... Read more»
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