That Flushing Sound You Hear Is Obama's DOE Preparing For Another Round of “Green Energy” Loans

The Green Energy loans have worked so well so far...

List Of Failed Green Energy Jobs – By Obama

• Solar Trust of America: FAIL
• Bright Source: FAIL
• Solyndra: FAIL
• LSP Energy: FAIL
• Energy Conversion Devices: FAIL
• Abound Solar: FAIL
• SunPower: FAIL
• Beacon Power: FAIL
• Ecotality: FAIL
• A123 Solar: FAIL
• UniSolar: FAIL
• Azure Dynamics: FAIL
• Evergreen Solar: FAIL
• Ener1: FAIL

 The above link does not include Fisker Automotive and A123 Systems (batteries), which both have serious problems.

Via The Hill:

The Energy Department said Thursday it expects to begin tentatively approving new taxpayer-backed loans for renewable energy projects in the coming months.

The announcement comes about seven months after Solyndra, the California solar firm that received a $535 million loan guarantee from the administration in 2009, went bankrupt, setting off a firestorm in Washington.

“The Department expects to begin issuing conditional commitments over the next several months after completing a rigorous internal and external review of each application,” Energy Department loan program chief David Frantz wrote to the top lawmakers on the Senate Energy and Natural Resources Committee.

Frantz – in the letter to committee Chairman Jeff Bingaman (D-N.M.) and ranking Republican Sen. Lisa Murkowski (Alaska) – stressed that projects receiving loan guarantees will be “subject to a robust monitoring effort to ensure that taxpayers’ investments are protected.”

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