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Sunday, December 13, 2020 Nancy Pelosi and Barack Obama   The Wall Street Journal reports: Move over, Solyndra. Another green boondoggle from the Obama era has failed, and taxpayers are out as much as $510 million. Late last week Judge Karen Owens approved a Chapter 11 plan of reorganization by Tonopah Solar Energy. Tonopah operated the Crescent Dunes solar plant in Nevada that received $737 million in guaranteed loans from the Obama Administration. The plan includes a settlement with the Department of Energy that leaves taxpayers liable for as much as $234.68 million in outstanding debt, but the total public cost is even higher. Crescent Dunes also received an investment-tax credit, and the 2009 stimulus legislation allowed it to receive a cash payment in lieu of credit. In 2017 the plant received more than $275.6 million from Treasury under the Section 1603 program, which it used to service its outstanding liabilities. So taxpayers already gave Crescent Dunes cash to pay off

Crescent dunesUnited statesRonald pelosiBarack obamaKaren owensNancy pelosiObama administrationDepartment of energyPacific corporate groupTonopah solar energyWall street journalJudge karen owensTonopah solarSolar energyCorporate groupபிறை குன்றுகள்