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Article #431Re: Will This Be The End Of The Obama "green energy economy"?
From: Mark Hill
Date: Mon, 22 Oct 2012 17:03
Date: Mon, 22 Oct 2012 17:03
43 lines
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4170 bytes
On 10/22/2012 10:14 AM, Mark Hill wrote: > When government tries to pick winners it generally ends up with losers: > > > http://www.denverpost.com/business/ci_21825181/layoffs-failures-test-colorados-new-energy-economy > > > The resilience of Colorado's vaunted "new energy economy" is being > tested after a series of job cuts, financial setbacks and political > firestorms. > > The latest loss was Phillips 66's announcement last week that it is > pulling the plug on a major alternative-fuels research-and-development > center that was planned on the former StorageTek site in Louisville. > > That followed the recent news that Vestas Wind Systems was making its > biggest round of Colorado layoffs, bringing the job-cut tally to about 500. > > The Weld County district attorney's office is investigating the failure > of Colorado solar-panel manufacturer Abound Solar, and congressional > Republicans are asking tough questions about Abound's federal loan > guarantees. > > Also in the loss column is General Electric's recent decision to suspend > development of the proposed $300 million PrimeStar Solar plant in Aurora > that would have employed 355 workers. > > At the least, the setbacks are a speed bump in Colorado's effort to > maintain a leadership status in renewable energy. At worst, they could > significantly impair growth of the industry. > > The combined layoffs, plant closure and mothballed projects in Colorado > represent the loss of more than 1,000 existing and projected jobs, plus > millions of dollars of tax revenue and spinoff economic activity. > > > > Read more: Layoffs, failures test Colorado's "new energy economy" - The > Denver Post > http://www.denverpost.com/business/ci_21825181/layoffs-failures-test-colorados-new-energy-economy#ixzz2A2qviSty > > Read The Denver Post's Terms of Use of its content: > http://www.denverpost.com/termsofuse
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From: Mark Hill <mh505@qmail.not>
Newsgroups: boulder.general,co.politics,alt.politics.liberalism,alt.politics.liberal,co.general
Subject: Re: Will This Be The End Of The Obama "green energy economy"?
Date: Mon, 22 Oct 2012 11:03:11 -0600
Organization: A noiseless patient Spider
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References: <ec9af88d-fafc-4f7e-9907-00b0c29b3b72@jj5g2000pbc.googlegroups.com> <k5s07i$g6$1@dont-email.me> <00j3889kivvs7ri5utual9s378tf8emp1k@4ax.com> <38684019-3007-4bca-8ec2-7362d19f66d6@v9g2000pbi.googlegroups.com> <d7q3885kkda0v7aciur12sl4ikea8f2k8g@4ax.com> <chine.bleu-E5CD4C.17390319102012@news.eternal-september.org> <1kt38898h6t3kfi0r066f3of7mubtfahn0@4ax.com> <k5ujob$nhq$12@dont-email.me> <92e688tq6cis6pfsflc4nu2q1fo3pe68bf@4ax.com> <k61d9h$n2f$34@dont-email.me> <p63988tcqvnagd5i2mr7l3m6oakkr8h1hp@4ax.com>
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