Obama’s Nuke-Powered Drone Strike on Fiscal Sanity

By: Thursday February 20, 2014 6:30 pm

So the “all the above” energy strategy now deems we dump another $6.5 billion in bogus loan guarantees down the atomic drain. Energy Secretary Ernest Moniz has announced finalization of hotly contested taxpayer handouts for the two Vogtle reactors being built in Georgia. Another $1.8 billion waits to be pulled out of your pocket and poured down the radioactive sink hole.

A nuke-powered drone strike on fiscal sanity.

 

Nuclear “Renaissance” Meets Economic Reality, But Who Gets the Bill?

By: Friday February 24, 2012 3:15 pm

The real profits in the nuclear racket come from the ability to collect on services not rendered and a product not delivered, or at least not delivered regularly. Because the system backstops the financing of nuclear facilities while also allowing plant operators to pass both real and anticipated costs onto ratepayers, many American taxpayers are poised to pay twice for nuclear power plants that don’t produce power.

Solyndra Execs to Plead the Fifth at House Energy and Commerce Witch Hunt

By: Wednesday September 21, 2011 2:00 pm

Solyndra executives are being hauled before a GOP House Committee today, the latest props in the conservative right’s war on clean energy. The House Energy and Commerce Committee wants to bat them around a bit and also use them as a way to point out alleged White House corruption. But the executives will plead the fifth instead.

Congressional Republicans Constantly Sought Clean Energy Subsidies Before Solyndra

By: Tuesday September 20, 2011 12:30 pm

Darrell Issa is a happy man. After flailing around for a while, he finally thinks he has a product to push, an example of Obama corruption, with the Solyndra story. There’s even another piece of it that has popped up in the form of LightSquared, a wireless startup which, according to allegations, was the subject of unfavorable testimony to Congress by Air Force Gen. William Shelton until the White House intimidated him into changing his view. Issa is ready to widen his investigation. Loan guarantee programs for clean energy have actually migrated to the subject of a potential government shutdown, with Republicans trying to cancel a program for hybrid vehicles to pay for disaster relief.

Republicans definitely think they have a winning hand by criticizing corruption in the clean energy realm. It’s a tailor-made Glenn Beck conspiracist rant where the corruption lines up with a philosophical view against climate change and a lucrative view in support of wealthy oil and gas company contributors over the clean energy industry. The government, you see, cannot “pick winners and losers” in the energy space. Can’t do it.

Unless those winners happen to be in Republican districts and states.

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