Re<C: Wrong answer for Google

Just as I finally learned what “Re<C” means, Google is abandoning its financially unsustainable project. The acronym stands for Renewable Energy Cheaper than Coal. No wonder I didn’t know what it meant. The equation is all wrong. Paul Chesser, an associate fellow for the National Legal and Policy Center, reports that Google came face to […]

Goldman Sachs CO subsidiary gets $90.6 million taxpayer loan guarantee

In the shadow of the Solyndra bankruptcy scandal, the embattled Department of Energy (DOE) Loan Guarantee Program announced on September 9, a $90.6 million loan guarantee to Cogentrix Energy of Alamosa for a solar energy project. A Cogentrix press release reported: The loan guarantee will support the Alamosa Solar Generating Project, a 30 megawatt (MW) […]