President Obama, with his incredible business acumen, gave the company $70 million of our money to fund this sinking ship. In fact, in a July 2010 announcement, he spoke about the company in addition to a $2 billion "investment" in other green energy debacles. (He didn't use the word "debacle" at the time, nor will he use it now, I suspect.) To quote our Community Organizer in Chief in speaking about green energy companies:
"The second company is Abound Solar Manufacturing, which will manufacture advanced solar panels at two new plants, creating more than two thousand construction jobs and fifteen hundred permanent jobs," Obama said. "A Colorado plant is already under way, and an Indiana plant will be built in what’s now an empty Chrysler factory. When fully operational, these plants will produce millions of state-of-the-art solar panels each year."
Like Solyndra, a company that received $535 million in guaranteed federal loans and went bust when it produced solar panels that cost more than for what they sold, (another genius move Obama style), incompetence was abound with Abound. This company got only a mere $400 million in guaranteed federal loans.
Solyndra produced about 12.5 million pounds of toxic, carcinogenic waste in the form of cadmium-contaminated water. Abound Manufacturing didn't do much better with their toxic waste and tons of broken glass and other less deadly waste that they left behind when they closed up shop. It's estimated that it will cost about $3.7 million just to clean it up.
So how green are these green projects? Not so green after all. When you factor in the carbon footprint left behind just to haul away the toxic crap these plants produce, you have to factor in at least a 5% pollution factor. Maybe the answer is to haul away all the crap with Chevy Volts, but then you'd have to charge them up with coal-generated electricity.
Is it possible that community organizers aren't well-trained in the engineering of green energy? Is it also possible that some community organizers are actually less concerned with the energy implications on the environment than they are with who controls the energy and thus, the people in the environment?
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