Another Federal Government Power Grab by The Obama Regime
April 16, 2012
BrightSource and the Fracking Task Force
Bad stuff always happens on Friday the 13th. So it was on Friday that BrightSource Energy, the large solar energy company that has already received $868 million of a $1.6-billion loan guarantee, canceled its IPO application. And that same day, President Obama appointed Heather Zichal to head a new high-level task force to coordinate regulation of hydraulic fracking. The two events, both highly inauspicious, were not unrelated.
The connection is simple and obvious: in order to prop up failing solar companies, Obama needs to force natural gas prices higher.
Read more: http://www.americanthinker.com/2012/04/brightsource_and_the_fracking_task_force.html#ixzz1sE5vgXo6
1 Comment
i fail to see the problem with helping solar companies. we give massive tax breaks to oil companies. or is that different. turn off fox news kiddo.