BrightSource Warned of Embarrassment to Obama in Loan Delay - Bloomberg
BrightSource Energy Inc. (BRSE) warned Energy Department officials in March 2011 that delays in approving a $1.6 billion U.S. loan guarantee would embarrass the White House and force the solar-energy company to close.
In a 19-page PowerPoint presentation reviewed by Bloomberg News, BrightSource described its cash position at the time as “precarious” and said the Ivanpah solar project in California being built with Department of Energy aid was in danger of collapse. The company won the guarantee a month later.
The 2011 appeal was part of a lobbying push by BrightSource that included hiring as a lobbyist the former chief of staff for Senator Joe Biden, now the vice president, and visits to the White House by executives.
In a piece for Forbes, Dr. Henry Miller and I provide some background on a movie brought to you by the people who brought you “An Inconvenient Truth.”
Given the flaws in Protek’s analysis, the absence of evidence demonstrating Heartland authored the Memo cannot be considered evidence that Heartland didn’t author it. A much more thorough investigation than what is documented in the Protek investigation report would be required to prove beyond a reasonable doubt that no-one at Heartland authored the Memo.
Voluntary measures won't make a big dent says Climatologist @MichaelEMann, ppl need to express their will thru voting. yfrog.com/hs4ppxuij
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