GreenTech courted Obama’s Solyndra aide

By steven d keeler | Aug 23, 2013

 

Back then,

Virginia gubernatorial candidate Terry McAuliffe and three top GreenTech advisers met with the key White House aide responsible for helping bankrupt solar-panel maker Solyndra win federal loans and high-profile presidential support, a Watchdog investigation has revealed.

What they discussed in the Oct. 13, 2010, meeting with Obama “green energy” aide Greg Nelson is a mystery – the White House visitors log offers no details. But the confab came seven months after a stock transfer made McAuliffe a GreenTech minority owner and company chairman.

Obama Green aide Nelson

Months before the GreenTech meeting at 1600 Pennsylvania Ave., White House officials already knew Solyndra was on the ropes – failing an independent audit and headed toward a predicted default on its federal $535 million loan. Despite warnings from allies and staff, the president visited Solyndra in May 2010, pointing to the company as a model of his new economy.

Fast forward to 2013.

Documents released last week reveal that that Securities and Exchange Commission is investigating GreenTech’s sister company Gulf Coast Funds, stating that there’s “possible fraud” in the firm’s pursuit of EB-5 investors, primarily those in China. GreenTech is behind schedule in rolling out thousands of electric vehicles while as many as 81 foreign nationals who invested at least $500,000 each are awaiting visas.


http://watchdog.org/99627/greentech-courted-obamas-solyndra-aide/

 

 

Comments (3)
Posted by: Nathaniel R Brown | Aug 27, 2013 15:17

And the point is.... ?

Meanwhile, the September National Geographic features a cover article titled "Rising Seas - how they are changing our coastlines." (Sorry - I mean "chanting" or perhaps "preaching"!)

I quote from two paragraphs on pp 40: "A profoundly altered planet is what our fossil-fuel-driven civilization is creating, a planet where Sandy-scale flooding will become more common and more destructive... By releasing carbon dioxide and other heat-trapping gases into the atmosphere, we have warmed the Earth by more than a full degree Fahrenheit over the past century and raised sea level by about eight inches.  Even if we stopped burning all fossil fuels tomorrow, the existing greenhouse gases would continue to warm the Earth for centuries.  We have irreversibly committed future generations to a hotter world and rising seas.

"In May the concentration of carbon dioxide in the atmosphere reached 400 parts per million, the highest since three million years ago."

Now, wouldn't it be nice if Mr. Keeler would report to us some of the scams perpetrated by the likes of Haliburton - money in the many millions that might have gone to developing alternative sources of energy? Or if he would tell us how we might reduce erosion in the mountains and around clear cuts?  Or even how we might encourage continued development of alternative energy sources?

That the Obama administration was cheated by Green Tech (in a secret meeting, much like the one Dick Cheney held with energy production leaders during his time in office) is bad.  But it in no way detracts from the need for clean, renewable energy - as well as energy independence.

We do better to help than to hinder, and only a foolish person simply ignores all warnings.  Yet warned of an approaching cliff, some prefer to tie a brick to the accelerator and shut their eyes.



Posted by: steven d keeler | Sep 01, 2013 13:03

Perhaps the local eco facists should :

 

read the following in the Editor’s Note on Page 4 of the issue: “Because there are no computer models or scientists to tell us with certainty how fast and how much the seas will rise, it is a challenge to illustrate this story."

 

However, feel free to divert from current climate science and solar physics with the usual suspects :  big oil, big oil and big oil.



Posted by: steven d keeler | Sep 01, 2013 15:43

How Australia's big wet befuddled scientists.

 

So how wet was Australia in 2010 and 2011? Wet enough, it turns out, to reverse the climb of global sea levels in a temporary shift that baffled scientists.

New research from the US shows the normally dry outback regions of Australia acted like a gigantic sponge, sending sea levels sinking until the water gradually made its way back to the oceans via evaporation or seepage from land.

Only in Australia could the atmosphere carry such heavy tropical rains to such a large area

“For an 18-month period beginning in 2010, the oceans mysteriously dropped by about 7 millimetres, more than offsetting the annual rise,” the US National Science Foundation said in a statement before the release of a report to be published next month in the Geophysical Research Letters journal.



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