Is This a Joke? President Speaking at Solyndra-esque Solar Plant?No image available
Is This a Joke? President Speaking at Solyndra-esque Solar Plant?
Made popular 454 days ago in Politics
President Obama will tout investments in “renewable” energy Wednesday at the local Copper Mountain Solar 1 plant, although the plant has only five full-time employees.

The plant, owned by San Diego-based energy company Sempra, was built in late 2010 at a cost of $141 million. Funding included $42 million in federal-government tax credits and $12 million in tax-rebate commitments from the state of Nevada.

Construction of the plant involved over 300 part-time jobs, but currently only five full-time employees operate the plant, a Sempra spokeswoman confirmed. That comes out to $10.8 million in tax-dollar subsidies per employee….
In addition to wanting to create many new jobs, President Obama has claimed green-energy investment will decrease America’s energy costs and reduce the country’s dependency on foreign oil.

In Boulder City, however, renewables have produced no lower energy costs. Instead, in late 2009, the city approved a 35 percent rate hike, while power generated by Copper Mountain is to go to Southern California — rather than serve Nevadans whose taxes helped finance the plant.

Report This Post
Posted by lightdude
Add To Favorites
25 Votes
Similar Issues
No Comments
ShareThis
Stupid is as stupid does?
Yes! 100% failure. Might as well be consistant.
0%
Yup, just like peas and carrots.
0%
The leftests just don't get reality.
4%
Yes, they have to fail over and over expecting a different result every time.
0%
Yes and failure is as failure does.
12%
All and the list goes on and on.
84%
This is not a scientific survey, click here to learn more. Results may not total 100% due to rounding and voting descrepencies.
You will have 2 minutes to edit your comment.

Add your comments