The Patrick administration blasted Evergreen Solar Inc., which announced today it’s closing its Devens factory and laying off 800 workers, and a top official said the state will try to get back tens of millions in subsidies from the company.
Evergreen, a Marlboro-based solar panel maker once considered a clean-energy darling of Gov. Deval Patrick, has been steadily shifting jobs to its facility in lower-cost China, but until today had indicated its Massachusetts operations would continue.
Lower cost – and warmer climate.
h/t Maz2
Yes, going green does create jobs. Just not where you want them.
Another stupendous government success!
All hail deficit financing of white elephants.
All hail Dear Leader 0blahblah and his great achievemnts!
Onwards comrades, to a glorious Green veneered Red future!
Green jobs.
The “green” doesn’t reach the slaves.
Me thinks lots of ‘influences’ will loose tons of “GREENback” investment all because of the real “Inconvenient Truth” that is Climategate and the communication power of the Internet.
Did’nt multi billionaire T. Bone Pickens have a lot at stake with a proposed giant windfarm that has to date no takers (State or Province) interested?
Did’nt G.E. pump millions in Barry’s campaign, anticipating lots of benefits from the now failing Cap & Trade scheme; like solar and wind contracts?
Me thinks the big boys will not go away without a fight.
IMO:
If Governments are now public enemy # 1 for all the reasons we know, the power of the internet may well be big Gov’s enemy numero uno.
The great irony of the all these Socialist Leftoid politicians/jurisdictions being suckered by their so much hated “Big Business” into all these Eco-Greenie Rent seeking scams is tooooooooooooooo rich.
Surprised they are moving to China.
Ontario is ripe for the plucking and so much closer.
And in other weather related news…
Snow in 49 states including Hawaii…
h/t Drudge
Green jobs to China. LOL. This serves the Patrick administration right. If this whole AGW green scam wasn’t so pathetic it would be funny. McGuinty is just as stupid.
“McGuinty is just as stupid.”
No bloody kidding, Ken. He intends to keep Samsung in Ontario by providing subsidies. He intends to avoid rate shock by providing rate rebates to residential customers. Commercial and industrial customers will have to absorb the full increase, further diminishing Ontario’s industrial base. Which in turn will mean a higher burden on taxpayers.
I’d love to see the press release which admits that Ontario’s lovely solar panels are out of commission because they’re covered in eight foot snowdrifts.
Ten years ago, Ontario was the largest exporting province in Canada in total value of goods and services, primarily in manufactured goods. Today, Ontario is a net importer. All of the decline happened on his watch.
The Harrisites committed industrial suicide by breaking up Ontario Hydro into three parts. The Liberals extended the misery by creating four more government electricity agencies. In 10 years, the government strangled the OPA’s strategic plan, substituting their own incoherent babblings last year by that driveling idiot Brad Duguid and his circus of fools at the Min. Energy and Infrastructure.
A key to Ontario’s industrial strength thorough out the 20th C was dirt cheap electricity. This has now been irredeemably lost. Nothing is cheap any more when it costs about 100 million just to get through a lousy public hearing process for a power supply plan. And if the government has screwed up by the numbers on this one section of industrial and economic development it’s reasonable to suppose that they’ve screwed up to some degree everywhere else.
Does anyone here thing there is the slightest chance that Ontario taxpayers will get back the billions that the Province threw into Chrysler Corp in 2009? Maybe when pigs sprout wings.
One way or another, Ontario citizens will pay the full freight for McGuinty’s 80-cent solar power. And if anyone believes that the cost will drop over time I’ve got a bridge over the Niagara River to sell you.
The only good thing about this is that barring a complete screwup by the Tories, McGuinty’s government is going down in flames in October. It remains to be seen whether newbie Hudak can do any better.
cgh, hope it is not the old Lewiston bridge that you have for sale.
Marlborough , so funny. I think smoke and mirrors.
Renewable energy shares: RENIXX World loses almost 30 percent in 2010.
The renewable energy economy has experienced the worst recession since the 1930s, explained IWR Director Norbert Allnoch. Many contracts for geothermal plants, offshore windmills and biogas plants have either been postponed or cancelled.”
For the near future, Deutsche Bank in a study sees very little green. Because of increased ‘regulatory worries’, short-term more cautious expectations of companies in the photovoltaic sector and profit warnings issued by wind plant outfitters, the midterm profit expectations for renewables have been in some parts cut in half.”
In summary, it was the reddest year for the green economy thus far. I wonder if we’ll be reading all about it in the print media in the days ahead?
http://notrickszone.com/2011/01/07/world-renixx-renewable-energy-stock-index-crashes-speculation-bubble-blows/
This index never recovered after 2008:
http://www.renewable-energy-industry.com/stocks/index.php?changeLang=en_GB