$1.6 billion in federal loans
$535 million in California grants
And it could not make money
Ivanoauh power $200 per kilowatt compared to $35 per kilowatt from a coal plant
Remember, this is supposed to be cleaner and more ecologically sound energy, sustainable energy yet it was also was very harsh on the environment killing thousands of birds and millions of insects
This is what happens when you let the government try and pick winners…
Had solar power been more efficient and could provide energy and a more marketable rate, it would’ve been naturally selected by a capitalist society decades ago!!
Ivanpah is the hole more than $1 billion and it’s about to close which means we pumped $2 billion into this solar plant that line the pockets of Obama and Schwarzenegger’s friends and we will never see a dime of that money back, we hurt the economy, and produced unfordable energy for California.
Again, the scariest words you’ll ever hear are, “we are the federal government, we’re here to help!!”
$535 million in California grants
And it could not make money
Ivanoauh power $200 per kilowatt compared to $35 per kilowatt from a coal plant
Remember, this is supposed to be cleaner and more ecologically sound energy, sustainable energy yet it was also was very harsh on the environment killing thousands of birds and millions of insects
This is what happens when you let the government try and pick winners…
Had solar power been more efficient and could provide energy and a more marketable rate, it would’ve been naturally selected by a capitalist society decades ago!!
Ivanpah is the hole more than $1 billion and it’s about to close which means we pumped $2 billion into this solar plant that line the pockets of Obama and Schwarzenegger’s friends and we will never see a dime of that money back, we hurt the economy, and produced unfordable energy for California.
Again, the scariest words you’ll ever hear are, “we are the federal government, we’re here to help!!”