$11 Million+ Spent per Job Created in Gov't Green Energy Ventures (Congress, deaths)

[DRob4JC]

Government continues to prove that it has no business starting ventures and managing money. Give the money management and investment duties back to the people.

[HappyTexan]

The best has to be Solyndra..$535 million with 0 jobs created

[BigJon3475]

Wow! For the low low cost of $176 trillion we can put the 16 million people back to work that we need to save the $100+ trillion debt obligation of SS.

[BigJon3475]

I get a kick out of this. If this isn't the perfect example of how tone deaf Washington is and democrats in general I don't know what else could be...


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[kemcnyc]

The Govt wastes money on "green" energy. solar panels are not actually green because the technology is not yet efficient AND local utilities cap it anyway (do not allow it to be stored). FURTHER the manufacturing process creates pollution... so the whole solar thing is total B.S. any way you slice it.

Then... the Govt suppresses the REAL potential of domestic energy of pipelines, fracking and other drilling techniques. THIS would provide jobs. REAL high paying jobs.

Double whammy of Govt waste. they waste $$$ and they waste potential.

Let the free market work it out..... eventually green technology will make sense economically.

[DRob4JC]

Another Obama-subsidized company bites the dust

Vehicle Production Group made a wheelchair-accessible MV-1 vehicles that ran on compressed natural gas. Nothing wrong with that if there is demand for the product. Was there?

Well, the first sign that there wasn’t was that the company needed a $50 million loan from the Department of Energy to get off the ground.

...
But uh oh . . . danger sign number two: An awful lot of the orders came from . . . government. That’s a big red flag. When government desperately wants a product to penetrate the market but it’s just not happening, government not only subsidizes the product, government buys the product. Often in large quantities.

...
Actually it turned out to be worse than nothing, because state and local governments ordered the vehicles, but then couldn’t take delivery on them because they ran out of cash to pay for them.


This government subsidy was part of the DOE Advanced Technology Vehicle Manufacturing program.

Again - government, please get out of investing other people's money.

[Southern man]

More green benefits.

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