Sunday, August 05, 2012

LAMBRO: Renewable energy dollars for Obama’s cronies - Washington Times
Solyndra went into bankruptcy last summer, as many of its critics warned it would; 1,100 employees lost their jobs, and the plant was shuttered.

Mr. Romney, who later visited the barbed-wire-encircled plant, attacked it as a classic example of Mr. Obama’s waste-ridden $831 billion job stimulus program, which created few permanent jobs.

Then there was ECOtality, a firm that was given $126 million to install 14,000 electric car chargers. It has since suffered $45 million in losses and told the government, “We may not achieve profitability in the future.”

Abound Solar received a $400 million loan guarantee to manufacture photovoltaic panels. It ended up halting production, laying off 180 workers and filing for bankruptcy.

Nevada Geothermal Power won a $98.5 million loan guarantee from Mr. Obama but has since fallen into “financial turmoil.” In a financial statement earlier this year, NGP said “material uncertainties exist which cast significant doubt upon the company’s ability to continue as a going concern,” The Washington Times reported last month.

Ener1: After a $118 million stimulus package deal from the administration, the manufacturer of lithium-ion batteries for electric cars filed for bankruptcy last year.

Amonix, a solar-panel firm in North Las Vegas, gave 700 workers pink slips after receiving a $6 million tax credit and $15.6 million federal grant.
August 10 1936 : Almost All Of Oklahoma Over 110 Degrees | Real Science
The forecast for Meeker on August 10, 2012 is twenty-two degrees cooler than 1936.
Quark Soup by David Appell: Predicting Breakthroughs: 1937 NAS Study
From Our Final Hour by Martin Rees:
"In 1937 the US National Academy of Sciences organised a study aimed at predicting breakthroughs; its report makes salutary reading for technological forecasters today. It came up with some wise assessments about agriculture, about synthetic gasoline, and synthetic rubber. But what is more remarkable is the things it missed. No nuclear energy, no antibiotics (though this was eight years after Alexander Fleming had discovered penicillin), no jet aircraft, no rocketry nor any use of space, no computers; certainly no transistors. The committee overlooked the technologies that actually dominated the second half of the twentieth century. Still less could they predict the social and political transformations that occurred during that time."

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