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  1. #1
    Atomic Punk
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    12.11.17 @ 04:37 PM
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    Default Another $1.37 billion in ‘stimulus funds’ for another risky solar plant...

    Thought it couldn't get any worse than Solyndra?
    Obama Commerce pick awarded $1.37 billion in 'stimulus funds' for another risky solar plant

    President Obama's nominee for Commerce secretary served as chairman of the board of a solar energy company that recently received a $1.37 billion federal loan guarantee – the largest the Department of Energy has ever given for a solar power project.

    Now that company, BrightSource Energy, is attempting to build the world's largest solar power plant amid concerns such ventures may be too risky an investment for the federal government.

    In June, BrightSource Chairman John Bryson was nominated by Obama to head the Commerce Department.

    WND reported in June that Bryson co-founded an environmental activist group that is a member and funder of the controversial Apollo Alliance.

    Apollo is run by a slew of socialists and radicals, including Jeff Jones, a founder of the Weather Underground domestic terrorist organization. Jones himself boasts of doing work for the environmental group founded by Bryson, the Natural Resources Defense Council.

    Bryson served until June as co-chairman of the Pacific Council on International Policy, a globalist organization whose members can be found throughout the Obama administration.

    The massive loan guarantee to BrightSource is meant to build an expensive California desert solar plant known as the Ivanpah Solar Electric Generating System.

    The system will feature mirrors that reflect sun toward a massive central tower that is in turn heated to produce steam meant to spin turbines to produce electricity.

    The size of the BrightSource plant is thought to produce enough power to meet the needs of hundreds of thousands of Californians.

    During a national address last October, Obama mentioned the possible benefits of BrightSource Energy's "revolutionary new type of solar power plant."

    However, some have doubted that the massive solar plant will actually work.

    The Bay Citizen quoted Michael Boyd, president of the nonprofit Californians for Renewable Energy, as saying there is "no evidence" BrightSource's project will succeed.

    Boyd complained most of the equipment used at the plant would be manufactured in China and Germany.

    "Stimulus money isn't going to jobs here in the U.S. It's going to jobs overseas," he said.

    Boyd's group last year reportedly filed an administrative complaint seeking to block the U.S. loan guarantee, alleging in the complaint the solar project "could have the unintended consequences of killing innovation if these projects fail."

    In a briefing last month, BrightSource CEO John Woolard was confident his plant would significantly lower the costs of energy.

    "We were able to drop costs down significantly," he said. "Ivanpah is the culmination of two and a half decades of work and thinking around solar."

    However, the entire solar energy enterprise is now being questioned as overseas manufacturers, particularly China and Taiwan, have produced similar products and services at much lower prices.

    Already, the cost of generating power with panels plunged about 37 percent in the past year, Bloomberg reported yesterday, as Chinese factories cut prices. The price slashes pushed three U.S. makers, including Solyndra, into bankruptcy protection in the past quarter.

    The news media and lawmaker focus on the Obama administration's use of funds for solar energy could draw focus to Bryson himself, since he chaired the company that received the largest amount of funds.

    Besides his position at BrightSource, which he vacated when he was selected as Obama's Commerce pick, Bryson is the former chairman, chief executive officer and president of Edison International, the parent company of Southern California Edison.

    He serves on the U.N. secretary-general's advisory group on energy and climate change and as co-chairman of the globalist PCIP, a partner of the Council on Foreign Relations.

    In 1970, Bryson co-founded the Natural Resources Defense Council, or NRDC, with a $400,000 seed grant from the Ford Foundation.

    The group is also funded by the Tides Foundation, to which philanthropist George Soros has donated more than $7 million over the years. Tides itself is a major funder of leftist causes, including ACORN, whose founder and former chief organizer, Wade Rathke, is a Tides board member.

    The NRDC is a major proponent of fighting so-called global warming. It recently endorsed a document called the Earth Charter, which, Discover the Networks notes, blames capitalism for many of the world's environmental, social and economic problems.

    The charter maintains that "the dominant patterns of production and consumption are causing environmental devastation, the depletion of resources, and a massive extinction of species. The benefits of development are not shared equitably and the gap between rich and poor is widening."

    The NRDC is a member of the Apollo Alliance. NRDC's president, Frances Beinecke, is on Apollo's board. The NRDC is also listed by Apollo as a funder of the group, having donated between $1,200 to $2,999 to become an Apollo "clean energy benefactor."

    The NRDC endorses many Apollo initiatives.

    Apollo's New York office is run by Jeff Jones, who founded the Weather Underground with terrorists Bill Ayers and radical Mark Rudd when the three signed an infamous statement calling for a revolution against the American government inside and outside the country to fight and defeat what the group called U.S. imperialism.

    Jones currently boasts on his personal website that he has done consulting work for the NRDC.

    Apollo has been credited by the Obama administration with helping craft portions of the $787-billion "stimulus" bill signed into law.

    The Apollo Alliance has boasted in promotional material that it was behind several of the Obama administration's "green" initiatives, in addition to crafting "green" sections of the stimulus bill.

    Among Apollo's board members are a group of extremists including:

    •Van Jones, President Obama's controversial former "green jobs czar" who resigned in September 2009 after it was exposed he founded a communist revolutionary organization and signed a statement that accused the Bush administration of possible involvement in the 9/11 attacks. Jones also called for "resistance" against the U.S.

    Jones himself described the Apollo Alliance's mission as "sort of a grand unified field theory for progressive left causes."


    •Joel Rogers, a founder of the socialist New Party. WND reported evidence indicating Obama was a New Party member. In an interview with WND, New Party co-founder and Marxist activist Carl Davidson previously recounted Obama's participation with the New Party.

    Following publicity of Apollo's radicalism, including scores of articles by WND and investigations by the Fox News Channel, Apollo announced it will merge with the BlueGreen Alliance, a collaboration of large environmental groups and unions.

    Meanwhile, Bryson is co-chairman of the PCIP, which was founded in 1995 in partnership with the Council on Foreign Relations.

    The group says it is the "premier international affairs organization focused on policy issues of special resonance to the West Coast."

    Its goals include "building our network of globally oriented business, civic, and government leaders." Also, the group aims to convene exchanges with global policy makers and opinion leaders while partnering with organizations around the world to "promote mutual understanding and coordinated action."

    The PCIP is funded by the Ford Foundation, Bill and Melinda Gates Foundation, the Rockefeller Brothers Fund and the Rockefeller Foundation.

    Obama's ambassador to France, Charles Rivkin, is a member of the PCIP. Last October, he invited a 29-member delegation from the PCIP to a conference in France for the stated purpose of discussing Arab and Islamic relations in the country.

    Rivkin was at the center of a scandal when WikiLeaks released a cable in which he proposed the U.S. Embassy in France initiate a multipronged effort to "engage" and help to "empower" France's Muslim minorities.

    Rivkin called the effort a "Minority Engagement Strategy," which was largely directed at Muslims in France.
    "Watch what people are cynical about, and one can often discover what they lack.” -- Gen. George S. Patton

  2. #2
    Atomic Punk
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    Other PCIP members abound through the Obama administration, WND has learned.

    James B. Steinberg, deputy secretary of state, serves on the PICP board of directors. He also serves on the science and security board of the Bulletin of Atomic Scientists, a journal that argued during the Cold War for the U.S. to hand its nuclear weapons to an international organization.

    The Bulletin, as WND reported, was founded by scientists who were long accused of spying for the Soviets and passing along vital nuclear secrets.

    Vilma S. Martinez, U.S. ambassador to Argentina, is the chairman of the PCIP's Mexico Study Group.

    Former Utah Gov. Jon M. Huntsman Jr., a candidate for the Republican presidential nomination, was appointed by Obama as ambassador to China in August 2009. He is a PCIP founding director.

    Jeffrey L. Bleich, Obama's appointment for U.S. ambassador to Australia, is a PCIP member.

    Diana Farrell, deputy director of the National Economic Council, is a member of the PCIP as well as the Council on Foreign Relations and the Bretton Woods Committee. She is a frequent speaker on U.S. global engagement.

    Byron Auguste, a member of Obama's White House Council for Community Solutions, serves on the PCIP board. He is also on the board of trustees of the Center for American Progress, which is funded by Soros and led by John Podesta, who served as co-chairman of Obama's transition team.

    Last year, PCIP member Steven Myers joined the State Department's advisory committee on international economic policy.

    John B. Emerson, appointee for Obama's advisory committee for trade policy and negotiations, is a member of both the PCIP and CFR.

    In April, Obama nominated PCIP member Janet Yellen to serve as vice chairman of the Federal Reserve.

    PCIP member Alan D. Bersin was appointed commissioner of U.S. Customs and Border Protection.

    Last March, Obama appointed PCIP member Michael Camuñez to the position of assistant secretary for market access and compliance in the Department of Commerce.

    Ernest James Wilson, a member of the PCIP board, was elected chairman of the Corporation for Public Broadcasting in September 2009. He served as a policy advisor on Obama's presidential transition team on matters of communication technology and public diplomacy.

    Also on Obama's transition team was Jonathan Greenblat, chairman of the PCIP's energy and environment committee.

    The PCIP has some ties to billionaire activist George Soros. Among PCIP fellows is Ahmed Rashid , a Pakistani journalist and writer who is a member of the advisory board of Eurasia Net of the Soros Foundation. He is also a scholar of the Davos World Economic Forum and a consultant for Human Rights Watch.

    At the invitation of the then-U.N. Secretary-General Kofi Annan, he became the first journalist to address the U.N. General Assembly in New York in September 2002 and the first journalist to address NATO ambassadors in Brussels in September 2003.

    http://www.wnd.com/?pageId=349101
    "Watch what people are cynical about, and one can often discover what they lack.” -- Gen. George S. Patton

  3. #3
    Atomic Punk Wruff_ajax's Avatar
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    12.11.17 @ 06:52 PM
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    This is all so f'd and wrong. Criminal Obama.
    _-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_

  4. #4
    Atomic Punk Dave's Dreidel's Avatar
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    12.11.17 @ 05:21 PM
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    Default

    I actually don'[t find spending the money on these products, if the damn solar panels etc. we used were built here in America.

    Using a German or Chinese company to produce the materials as part of a government sponsored economic recovery project just seems so obviously stupid that it would not even need to be discussed, that it would be a given to use a US company.

    All of them are idiots.
    Taylor Swift is nice to look at. Adele can sing.

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    David Lee Roth did the impossible. He made Van Halen better. Deal with it!

    Preferred pronouns: he/him/his

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  5. #5
    Atomic Punk
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    12.11.17 @ 04:37 PM
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    BrightSource Energy, the California solar power plant builder, largely backed by President John F. Kennedy's nephew, Robert Kennedy Jr., was granted a 1.4 billion dollar bailout through a loan guarantee issued by a former employee-turned Department of Energy official.

    Yes, Sanjay Wagle was a principle in Kennedy's VantagePoint Partners - the major stake holder in BrightSource. Wagle was installed at the Department of Energy as an advisor on energy grants upon Obama's election to the White House. The DOE granted BrightSource a $1.4 billion federal loan guarantee for their Ivanpah solar array facility. Who get's their money back should the venture fail remains a very valid question.

    BrightSource Energy is currently building the first large-scale (more than 100 megawatts) solar thermal project in the US in more than 20 years. The technology used to generate the power at their Ivanpah facility will utilize huge arrays of mirrors called heliostats to focus the suns rays at a large water-filled boiler at the top of a 459-foot tall tower.

    The federal loan guarantee is financing the bulk of construction costs, expected to total $2,180 million, at the site on federal lands in the California desert. The Ivanpah project, along with four other licensed solar projects to be built in the Mojave Desert, are facing numerous lawsuits filed by environmental groups and Native Americans as biologists have discovered the site is home to the desert tortoise and cultural artifacts.

    In 2010, when the DOE granted the 7-figure bailout, BrightSource was admittedly already on shakey ground financially with $1.8 billion of debt. According to company filings with the Securities and Exchange Commission "Our future depends on our ability to construct Ivanpah, our first utility-scale solar thermal power project, in a cost-effective and timely manner. Our ability to complete Ivanpah and the planning, development and construction of all three phases are subject to significant risk and uncertainty."

    It will be interesting to see if BrightSource becomes another black hole for taxpayer money from the SlushFund, er' , Stimulus, or if we will see a positive return on our tax dollars.

    If we never hear of BrightSource again I guess we'll all know the answer to that question.
    "Watch what people are cynical about, and one can often discover what they lack.” -- Gen. George S. Patton

  6. #6
    Atomic Punk edwardv's Avatar
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    12.11.17 @ 05:27 PM
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    Default

    I was talking yesterday to an electrician who installs solar systems. I asked him if he had a system on his house and he said no it still has a long way to go. This may explain why I almost never see them and if they were so good everyone would be getting them just like I phones and PCs. Like PT Barnum said theres a sucker born every minute.
    EVH 1979: Well, actually it's not much of a vacation, because we run everything ourselves. We design our own album cover, we have to be in the office every day to sign checks - the whole corporation revolves around us. Nothing can be done without our approval. We even have photo approval.

 

 

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