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Corrupt Government
See other Corrupt Government Articles

Title: MA solar plant to close after 2 years, 800 laid off, 58 million tax $$$ p***ed away
Source: American Thinker
URL Source: http://www.americanthinker.com/blog ... olar_plant_to_close_after.html
Published: Jan 14, 2011
Author: Ethel C. Fenig
Post Date: 2011-01-14 11:49:31 by Happy Quanzaa
Keywords: None
Views: 3656
Comments: 3

MA solar plant to close after two years

While the sun might be a constant source of light and heat apparently even constant Massachusetts government green dollars--$58,000,000 of them--couldn't guarantee Evergreen Solar Company customers and a profit.

So just two years after opening a solar energy plant with great fanfare--and even greater state subsidies--the plant is closing and with it 800 jobs reports Todd Wallack of the Boston Globe.

Why?

    calling itself a victim of weak demand and competition from cheaper suppliers in China, where the government provides solar companies with generous subsidies.

And speaking of China...

    Evergreen itself has a factory in Wuhan, China, built in collaboration with a Chinese company, Jiawei Solarchina Co. Ltd., and with money from a Chinese government investment fund. The company had previously said it would shift some production from Devens to the Wuhan plant but yesterday was the first time it said Devens would be closed.

Using even more state green

    In the 2010 gubernatorial campaign, Patrick was heavily criticized by his rivals for providing so much public aid to a company during tight fiscal times. One mark of the sensitivity of the issue: Evergreen yesterday requested that the State Police provide four troopers for security at the Devens plant until it closes, two Massachusetts officials said.,/ol>

    The snow and cold weather continue in Massachusetts as does the spending of the green. But the sun will come out tomorrow, sometimes shining on and heating homes adorned with solar panels from China.

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#1. To: Happy Quanzaa (#0)

While the sun might be a constant source of light and heat apparently even constant Massachusetts government green dollars--$58,000,000 of them--couldn't guarantee Evergreen Solar Company customers and a profit.

No real surprise; everyone with a functioning brain understands that "green" technology is a financial loser.

That's why "alternative energies" need "alternative" funding, A.K.A. government subsidies, A.K.A. robbing people to give to their cronies.

"Green" technology isn't about the environment- though the color of green IS a factor. "Green" technology is about MONEY.

In the end, the Party would announce that two and two made five, and you would have to believe it. It was inevitable that they should make that claim sooner or later: the logic of their position demanded it. ... The heresy of heresies was common sense.
-- George Orwell, 1984 --

http://libertysflame.com/cgi-bin/readart.cgi?ArtNum=16281&Disp=9#C9
ME: THERE IS NO MORE MONEY.
GO65: There will be no more money when the U.S. dollar has no value, until that time we can keep printing more.

Inescapable conclusion? Socialists are unable to accept reality. I.e., they're INSANE.

Capitalist Eric  posted on  2011-01-14   11:56:26 ET  Reply   Trace   Private Reply  


#2. To: Happy Quanzaa (#0)

they need to reopen as a defense contractor.

Since January 3, 2011, Republicans have controlled the power of the purse.

go65  posted on  2011-01-14   12:08:35 ET  Reply   Trace   Private Reply  


#3. To: go65 (#2)

they need to reopen as a defense contractor.

Cluster bombs baby! Cluster bombs with the star of david stamped on them, indeed!

Never swear "allegiance" to anything other than the 'right to change your mind'!

Brian S  posted on  2011-01-14   12:24:29 ET  Reply   Trace   Private Reply  


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