Romney Lies About Green Energy
Romney ‘Won’ the debate by floating a pack of lies to the American Public.
This is why we can’t afford Romney as president, he’s willing to propagate wingnut lies and propaganda to score points on the campaign trail, he’s lying about this so what else would he lie about? It’s time to tear down this paranoid wingnut bullshit because our children and our grandchildren can’t afford it. We can’t hand them a huge deficit, but we shouldn’t hand our great grand children a cinder for a planet either.
The Department of Energy this June specified “33 clean energy projects” of a larger scale as part of its “loans program.” Of those, financing had been “closed” on 20 of them. The intent was to promote new technologies and approaches, not necessarily old ones.
There are also other things such as high speed rail and smart meters — which are listed elsewhere, under “Infrastructure,” as part of the same overarching stimulus legislation. Accounting for things like that, a report from the Brookings Institution non-partisan think tank this April tabbed the total green stimulus spending at $51 billion.
Then, there’s the matter of whether half of those companies that have gotten money “have gone out of business.”
A few recipients of the government funds have hit hard times. The most well-known of them is solar panel maker Solyndra, which received a $535 million loan guarantee from the Department of Energy. Two years later, it filed for Chapter 11 bankruptcy.
Still, it is unclear where Romney got his figure that “half” those businesses are no longer operating.
The Energy Department cites several success stories like one of the world’s largest wind farms in eastern Oregon, massive solar power plants in Arizona and grants to Ford to produce fuel-efficient cars.
In fact, of the 28 funded projects — involving 23 companies — listed in a 2012 congressional report, only four involve businesses that were either sold or are not in operation.