Monday, January 16, 2012

CBS News: 12 Clean Energy Firms Received $6.5B in Taxpayer Money, And Are All in Financial Trouble

CARPE DIEM: CBS News: 12 Clean Energy Firms Received $6.5B in Taxpayer Money, And Are All in Financial Trouble:
CBS NEWS --"It's been four months since the FBI raided bankrupt Solyndra. It received a half-billion in tax dollars and became a political lightning rod, with Republicans claiming it was a politically motivated investment.
CBS News counted 12 clean energy companies that are having trouble after collectively being approved for more than $6.5 billion in federal assistance. Five have filed for bankruptcy: The junk bond-rated Beacon, Evergreen Solar, SpectraWatt, AES' subsidiary Eastern Energy and Solyndra.

More at CBS News

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