A123 Systems Bankruptcy a Consequence of Consolidation Rather Than “Stimulus Bust”

By: Tuesday October 16, 2012 12:14 pm

In a bit of bad timing, A123 Systems, the advanced battery manufacturer which received one of the Energy Department’s stimulus grants to fund its operations, filed for Chapter 11 bankruptcy protection today, and will in all likelihood default on some debt. The battery maker did say that it would sell its automative facilities in Michigan [...]

Greentech Industries Imperiled by Anti-Stimulus, Removal of Federal Supports

By: Friday September 21, 2012 10:15 am

One of the highlights of the stimulus package, according to Michael Grunwald’s book The New New Deal, was the $90 billion in investment in green energy. This kick-started a moribund industry and more than doubled the output of renewables as a percentage of overall energy. What it did not do is secure the place of [...]

Solyndra Controversy a Transparent Attempt to Kill Green Energy

By: Wednesday September 14, 2011 10:23 am

Conservatives are pushing very hard to punish the White House over loan guarantees they made to the now-bankrupt solar energy company Solyndra, and by association to damn any investment in green technologies whatsoever, to keep the dirty energy economy paramount. The latest claim is that the White House tried to rush the $500 million loan [...]

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