Green Stimulus Spending: A Litany of Failure

http://feedproxy.google.com/~r/globalwarmingorg/~3/s4W-0K6FImU/

An ongoing theme of this blog is that green energy spending in the Stimulus was a gigantic waste of money. This is for one of two reasons: Invariably, either (1) a Members of Congress tried to influence Stimulus spending as a constituent service or (2) the Obama administration steered investments to friends and campaign contribution bundlers. Whether it's parochial politics or crony capitalism, the results are the same—bad bets and taxpayer losses.