So much for the White House dream of solar selling like hotcakes. The first federal auction run by the Bureau of Land Management to sell chances to build solar power projects on public land went completely bust on Thursday.
Nobody showed to bid.
h/t Maz2











...that the twees began to fall and the indys felt like heels...
“It’s hard to say why we didn’t have any bidders.”
I'll tell ya why .... No one trusts Obama ... no one wants to do business with him anymore or while he is in the white house and has power over the energy sector. Real entrepreneurs want to do a business that has a bottom line and produces some value and profits not more and more subsidy then bankruptcy. Those who do this sort of thing are doing nothing but graft operations ... theft of tax-payer money.
It's easy to get a skewed picture from the media but the U.S. must still have a lot of intelligent and educated people, judging by how many of them didn't go to that auction.
The overcast...er...forecast for prospective buyers was misinterpreted.
did they hold the auction on a cloudy day, cuz the solar didn't show up:-))))
If the Bureau of Land Management were selling drilling permits they'd have to beat the buyers off with a club.
For the solar industry, it looks like the bloom is off the ruse.
Obama should stick to being a guns and ammo salesman.
Next time, they'll be sure to use the IRS to stir up interest. OR ELSE!
Yeah drilling permits woulda had a much better crowd.
Soros and Buffet not interested.....there is a moral or something here.....
"lack of bids doesn’t mean the project plans are dead." aka, "It's just a flesh wound" -- Monty Python's Black Knight.
"Next time, they'll be sure to use the IRS to stir up interest. OR ELSE!"
Ten years ago that would have been over-the-top hyperbole, now it's closer to truth than fiction. As someone said, "elections have consequences".
While I always enjoy stories that make Obama look bad. The side bar story about the Ft.Hood soldiers being warned not to support or donate to the Tea party or evangelical christian causes on the threat of sanctions or charges. Now that gets my attention. This guy(obama) is a real threat to what perceived as free America.
It doesn't matter who's in the White House. No one's building solar plants in the US who has to put down their own money on the investment. Not even a saint could sell this dog. And Vanessa Lacayo ends up looking and speaking like an idiot.
Exactly. The people behind Obama have been working toward this goal for decades and it is significant the degree to which they have come out into the open. We see these attacks in the media constantly. See the Sarah Palin/Piers Morgan thread yesterday on SDA.
cgh nails it. Crony capitalists are only willing to risk taxpayer's money.
"Crony capitalists are only willing to risk taxpayer's money"
ditto for LIEDERALS
Its not hard to say why there was no bids.. People with money (inside track) know full well that the sweet guaranteed tax funded profits are no longer guaranteed.. Pardon me, my own money on this dumb assed venture? Where the kick back? Show me the double digit profits..
Crickets...
Its gonna be hardest on leftist politicians and journalists to come to terms with the REALITY of the situation..
Like a army of leftist mercenaries, they are gone when the money stops..
Perhaps the venture capitalists actually did a little research on using their own money on inefficient technology.
http://notrickszone.com/2011/07/04/weed-covered-solar-park-20-acres-11-million-only-one-and-half-years-old/
This is terrible news. Presumably the proposed heavily subsidized visible minority
owned horseshoe foundries and crony shovel ready buggy whip makers slated
to use the "free" power are now also cast adrift.