Airforceone wrote:
What’s wrong with those green projects invested in. Right now the fastest growing industry and job creation is in the green energy industry. And Trump takes credit for the jobs created. Why not google and look at what industry created more jobs last year green or coal
This report claims to be accurate. It's a list of bankrupt or failing companies that Obama spent 39 billion per year on for five years. That's somewhere in the neighborhood of $195,000,000,000. With 36 companies in this list, I'd call that a failure.
Evergreen Solar ($25 million)*
SpectraWatt ($500,000)*
Solyndra ($535 million)*
Beacon Power ($43 million)*
Nevada Geothermal ($98.5 million)
SunPower ($1.2 billion)
First Solar ($1.46 billion)
Babcock and Brown ($178 million)
EnerDel’s subsidiary Ener1 ($118.5 million)*
Amonix ($5.9 million)
Fisker Automotive ($529 million)
Abound Solar ($400 million)*
A123 Systems ($279 million)*
Willard and Kelsey Solar Group ($700,981)*
Johnson Controls ($299 million)
Schneider Electric ($86 million)
Brightsource ($1.6 billion)
ECOtality ($126.2 million)
Raser Technologies ($33 million)*
Energy Conversion Devices ($13.3 million)*
Mountain Plaza, Inc. ($2 million)*
Olsen’s Crop Service and Olsen’s Mills Acquisition Company ($10 million)*
Range Fuels ($80 million)*
Thompson River Power ($6.5 million)*
Stirling Energy Systems ($7 million)*
Azure Dynamics ($5.4 million)*
GreenVolts ($500,000)
Vestas ($50 million)
LG Chem’s subsidiary Compact Power ($151 million)
Nordic Windpower ($16 million)*
Navistar ($39 million)
Satcon ($3 million)*
Konarka Technologies Inc. ($20 million)*
Mascoma Corp. ($100 million)
Also, in a list of the 20 fastest growing industries in the US today, renewable energy came in at 13th position, just behind legal marijuana.
Green energy or coal? We all know that coal is fading out. As the industry gets replaced with gas over coal, the mines and miners will also reduce in number. We are not there at the end of coal yet, but it's coming. Nothing new there.