The scandals involving Solyndra receiving over $500 million
in Federal guarantees in return for political contributions, and SolarReserve
receiving over $740 million while one of its principals is the brother-in-law
of Nancy Pelosi and other scandals yet to be revealed should be accepted and
understood for exactly what they are:
- · Abuse of power
- · Corruption
- · Embezzlement from the government
But, it must be equally understood that two or three hundred
companies engaged in the business of providing renewable energy on a legitimate
basis should not be tainted by these events.
These companies have provided and are providing substantial investments
of their own in solar, wind, biomass, hydro and geothermal energy projects
which are reducing national dependence on foreign oil more and more each
year. A geothermal company can invest $2
million or more in a dry hole or one that doesn’t yield brine that is hot
enough or in sufficient quantities to be a viable producer of electrical energy.
Yes, it is a shame that those in power in Washington have
elected to engage themselves in this type of scurrilous activity. Nevertheless, their misdeeds should not taint
the honest men, women and companies who are in the renewable energy industry.
That’s MY AMERICAN OPINION, respectfully submitted.
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