20 Sep '11, 10am

McConnell’s principled opposition to loan guarantees for energy companies that aren’t in Kentucky

McConnell’s principled opposition to loan guarantees for energy companies that aren’t in Kentucky

After the bankruptcy of California solar panel company Solyndra , which received more than half a billion dollars in loan guarantees from the Department of Energy, Senate Majority Leader Mitch McConnell (R-Ky.) reiterated his opposition to the loan guarantee program, accusing the Obama officials of "picking winners," using government interference in the free market to favor ... hm? [Jon Stewart-style finger to ear] what's that? ... I'm being told we have some archival material coming in ... Senator Mitch McConnell of Kentucky, the Republican majority leader, supports loan guarantees as a step to build 100 new nuclear reactors. Winners ... huh. Anyway, McConnell went on to express outrage that the administration "fast-tracked a half-billion-dollar loan to a politically connected energy firm," accusing the DOE of ... sorry, say again? more ? Senate Minority Leader Mitch McCo...

Full article: http://www.grist.org/politics/2011-09-19-mcconnells-loan-...

Tweets

Tesla Motors highlights impact its ATVM loan ha...

teslamotors.com 21 Sep '11, 7pm

Given the latest buzz about possible changes to the U.S. Department of Energy’s Advanced Technology Vehicles Manufacturing...

Breaking: Energy Efficiency Loan Financing Prov...

aceee.org 20 Sep '11, 12pm

Energy Efficiency Loan Programs Default Rates Range from 0–3% and Remained Largely Unchanged During Housing Bubble Collaps...

New Kind of 40% Efficient Solar Farm Gets $90 Million DOE Loan Guarantee to

New Kind of 40% Efficient Solar Farm Gets $90 M...

cleantechnica.com 21 Sep '11, 10pm

The largest High Concentration Photovoltaic (HCPV) project in the world is being funded by the DOE with a $90 million loan...

UPDATED - It's Sept. 30. What happens to the DO...

solarindustrymag.com 29 Sep '11, 8pm

As the U.S. Department of Energy's (DOE) Section 1705 loan-guarantee program hits its sunset date of Sept. 30, the money k...

Low risk-high return? Yeah!- @ACEEEdc report th...

aceee.org 20 Sep '11, 12pm

This report is designed to summarize the results and lessons learned from energy efficiency finance programs that have mov...

First Solar Won't Meet Deadline for $1.9 Billion DOE Loan

First Solar Won't Meet Deadline for $1.9 Billio...

renewableenergyworld.com 22 Sep '11, 5pm

The thin-film PV Topaz Solar Farm project received a conditional loan in late June , but the company said in a press relea...

Major Renewable Energy Projects Win DOE Loan Gu...

sustainablebusiness.com 29 Sep '11, 3pm

With Department of Energy (DOE) loan guarantees for renewable energy projects set to expire on Friday, the DOE announced a...

The military’s historic embrace of smart energy, by @drgrist

The military’s historic embrace of smart energy...

grist.org 21 Sep '11, 5pm

The U.S. military's embrace of energy efficiency and renewable energy is going to be one of the great stories of the comin...

SolarCity: DOE Loan in Jeopardy Because of Soly...

renewableenergyworld.com 24 Sep '11, 4pm

SolarCity recently announced its $1 billion SolarStrong project, backed by a $344 million Department of Energy loan guaran...

On Our Radar: Solar Venture Misses Loan Deadlin...

green.blogs.nytimes.com 22 Sep '11, 10pm

The manufacturer First Solar says it will not be able to meet a Sept. 30 deadline to receive a federal loan guarantee for ...

Shocking: Even After Solyndra, Coal Defender Re...

treehugger.com 24 Sep '11, 6pm

Color me impressed. Rep. Joe Barton of Texas, the man who apologized to BP after the Deepwater Horizon oil spill, went on ...

POET Closes on DOE Loan for Cellulosic Ethanol ...

renewableenergyworld.com 23 Sep '11, 9pm

started construction in 2010 with a 22-acre integrated stackyard to store the biomass delivered by area farmers. Prelimina...