November 3, 2011

Beacon - A Lead Balloon That Wouldn't Float

Ronald Bailey, Reason Online

Google images

Yesterday, the Washington Post reported that Beacon Power, a company that received one of the first federal loan guarantees being shoveled out the door of the Department of Energy under the Obama administration, is now bankrupt. Beacon Power manufactured and operated large flywheels with the goal of storing excess power. Its bankruptcy leaves the taxpayers on the hook for about $40 million. What's delightfully ironic is that Beacon's CEO Bill...

Read Full Article ››

TAGGED: Obama administration, Solyndra, Government Loans, Flywheels, Beacon Power


This was supposed to be a happy time for BrightSource Energy. A year ago, on Earth Day 2011, the Oakland, Calif.-based solar-power startup announced plans to go public in spring 2012. The stock offering was hailed as a validation... more ››
May 8, 2012
Why We Need to Terminate Wind Subsidies
Paul Driessen, TownHall
Unprecedented! As bills to extend seemingly perpetual wind energy subsidies were again introduced by industry lobbyists late last year, taxpayers finally decided they’d had enough.Informed and inspired by a loose but growing... more ››