According to Marita Noon, Executive Director of Energy Makes America Great, green-energy investments receiving funds from the American Recovery and Reinvestment Act (known as the stimulus) have a dubious pedigree of favoritism. There is not enough known data available to make a definitive conclusion, but there at least 15 projects where the entities in question have gone bankrupt.
The report finds a political connection with recipient firms at least 60% of the time. The report starts with Solyndra—because it is the most widely known. It includes Abound Solar and Beacon Power, which like Solyndra, has received a fair amount of press. The remaining projects are presented here in alphabetical order. The report does not include A123 Systems, a manufacturer of lithium ion batteries used for electric vehicles and grid storage, which recently filed for bankruptcy protection and reached an agreement to sell two U.S. manufacturing plants to competitor Johnson Controls. The company received $129 million in federal government grants to build its facilities.
Click here to see the full list compiled by Marita Noon →
Related Links
The Foundry: Another Stimulus Backed ‘Green Energy’ Company Goes Bankrupt
Media Matters: The Wall Street Journal‘s False Solar Statistic
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1:00 - 5:00 pm
Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process
Executives expressed frustration with their current strategic planning process. Issues include:
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2:00 - 5:00 pm
Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations.
Limited space available.
10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS
General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.
The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.
