Tuesday, August 4, 2015

Obamanomics: Raise energy prices, kill American industry, and subsidize bankrupt foreign green energy companies

Remember Solyndra, Fisker Automotive, Evergreen Solar and 31 other green energy companies Barack Obama subsidized with billions in taxpayer money during his administration that have turned out to be either insolvent, or collapsed into bankruptcy?  Well, we can add another to this list, and just one day after Obama raised the bar on his Clean Power Plan that has accomplished two things during his administration…
The raising of energy prices for American consumers, and the killing off of U.S. industries in the coal sector.
On Aug. 4, President Obama’s growing ‘list’ added a foreign green energy company to the roles of taxpayer subsidized bailouts, and one that like the others, is headed to the scrapheap of insolvency.
 

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