Tuesday, July 24, 2012

Bain Has Nothing Like the Green Graveyard In Which the Obama Administration's Fantasies Are Buried

Here, thanks to The Heritage Foundation, is a list of a dozen politically correct corporate corpses -- companies that went bankrupt and took  the taxpayer funds that the government shoveled into them to the Obama administration's green graveyard:


*  Abound Solar (Loveland, Colorado), manufacturer of thin film photovoltaic modules.

*  Beacon Power (Tyngsborough, Massachusetts), designed and developed advanced products and services to support stable, reliable and efficient electricity grid operation.

*  Ener1 (Indianapolis, Indiana), built compact lithium-ion-powered battery solutions for hybrid and electric cars.

*  Energy Conversion Devices (Rochester Hills, Michigan/Auburn Hills, Michigan), manufacturer of flexible thin film photovoltaic (PV) technology and a producer of batteries and other renewable energy-related products.

*  Evergreen Solar, Inc. (Marlborough, Massachusetts), manufactured and installed solar panels.

*  Mountain Plaza, Inc. (Dandridge, Tennessee), designed and implemented “truck-stop electrification” technology.

*  Olsen’s Crop Service and Olsens Mills Acquisition Co. (Berlin, Wisconsin), a private company producing ethanol.

*  Range Fuels (Soperton, Georgia), tried to develop a technology that converted biomass into ethanol without the use of enzymes.

*  Raser Technologies (Provo, Utah), geothermal power plants and technology licensing.

*  Solyndra (Fremont, California), manufacturer of cylindrical panels of thin-film solar cells.

*  Spectrawatt (Hopewell, New York), solar cell manufacturer.

*  Thompson River Power LLC (Wayzata, Minnesota), designed and developed advanced products and services to support stable, reliable and efficient electricity grid operation.

Neither Bain nor any other private enterprise would have survived such an investment record . . . nor should the administration that compiled it.


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