In Massachusetts, one of the poster children of the “green energy” and “green jobs” myth has shown us what the reality really is. After taking $58 million in taxpayer money to build a factory, the company has filed for bankruptcy liquidation after having shut the factory down months ago.
The end of Evergreen Solar should be a reality check for cheerleaders for “clean energy” advocates — such as Barack Obama — who beg governments to pour millions and millions more of our dollars down that rathole in search of the elusive dream of energy without any environmental cost.
Evergreen Solar promised 800 good jobs in Massachusetts, but it wanted $58 million in state money to help build the factory. So the state ponied up the money — leaving taxpayers without their money as the company owes nearly $500 million in debts. But the funniest thing is that it didn’t even produce the promised jobs for long. The factory was built. Those 800 people were hired. But it wasn’t working. The economics of solar power don’t work at this point. So the company shut down the factory last March and shifted its production to China.
Why did we slowly let them strip our neighborhoods of most trees?
We learn lessons as we mature, but it’s usually too late by then
VIDEO: Today marks three years with the ruler of my household
Advocating peace requires more than hating those who start wars
He couldn’t mold her into himself, but my dad broke Mother’s spirit
Would you have been on a ship? Or back home complaining?
My reaction to man’s home taught me more about me than about him
Angry behavior on social media is killing you and hurting your cause
I’m trying to silence inner critic who says I ought to be perfect