SPAIN ADMITS “GREEN JOBS” PROGRAM a DISASTER
Acccording to the Spanish government, the policy has been such a failure that electricity prices are skyrocketing and the economy is losing jobs as a result.
The price of electricity has gone up, as well as the debt, due to the extra costs of solar and wind energy
Government numbers indicate that each green job created costsmore than 2.2 traditional jobs,
The complete list of AMERICAN altering or bankrupt green-energy companies:
Evergreen Solar ($25 million)*
SpectraWatt ($500,000)*
Solyndra ($535 million)*
Beacon Power ($43 million)*
Nevada Geothermal ($98.5 million)
SunPower ($1.2 billion)
First Solar ($1.46 billion)
Babcock and Brown ($178 million)
EnerDel’s subsidiary Ener1 ($118.5 million)*
Amonix ($5.9 million)
The complete list of faltering or bankrupt green-energy companies:
Amonix ($5.9 million)
Fisker Automotive ($529 million)
Abound Solar ($400 million)*
A123 Systems ($279 million)*
Willard and Kelsey Solar Group ($700,981)*
Johnson Controls ($299 million)
Brightsource ($1.6 billion)
ECOtality ($126.2 million)
Raser Technologies ($33 million)*
Energy Conversion Devices ($13.3 million)*
Mountain Plaza, Inc. ($2 million)*
The complete list of faltering or bankrupt green-energy companies:
Olsen’s Crop Service and Olsen’s Mills Acquisition Company ($10 million)*
Range Fuels ($80 million)*
Thompson River Power ($6.5 million)*
Stirling Energy Systems ($7 million)*
Azure Dynamics ($5.4 million)*
GreenVolts ($500,000)
Vestas ($50 million)
LG Chem’s subsidiary Compact Power ($151 million)
Nordic Windpower ($16 million)*
Navistar($39 million)
Satcon($3 million)*
Konarka Technologies Inc.($20 million)*
Mascoma Corp.($100 million)
The 2009 stimulus set aside $80 billion to subsidize politically preferred energy projects.
Since that time,1,900 investigations have been opened to look into stimulus waste, fraud and abuse (although not all are linked to the green-energy funds) and nearly 600 convictions havebeen made.