Tag Archives: #Greenfail

Tax Payer Backed ReVolt Files for Bankruptcy

Posted on November 15, 2012 by ladyliberty1885

Another #Green Fail. More of our money down Obama’s Sustainable toilet.

From Sustainable Business Oregon:

The parent company of a taxpayer-backer battery technology company has filed bankruptcy in a Norwegian court.

Portland-based ReVolt Technology, whose parent company is in Norway, said last month it would file bankruptcy because it had been unable to raise new capital or find a buyer.

The company had been developing a zinc-air battery technology that it said could deliver twice the energy of conventional rechargeable battery technologies, such as lithium-ion.

The Business Journal has been unable to reach ReVolt company officials.

Before it abruptly closed its doors, ReVolt received several taxpayer subsidies:

$5 million from a federal grant program.
$3.4 million from the state of Oregon’s Small Scale Energy Loan Program.
$1.15 million from a Portland Development Commission loan program
$500,000 from the governor’s Strategic Reserve Fund.

A copy of the company’s bankruptcy filing was not immediately available.

So they received over $10 million and still went bust. Continue reading →

Posted in Crony Capitalism, Economy | Tagged #Greenfail, ReVolt | 1 Comment

The Morning Links (4/2/12)

Posted on April 2, 2012 by ladyliberty1885

All of the above policy: Obama Kills Atlantic Oil Drilling For Five Years
President Don Quixote: Obama pushes for Wind Farms in the Great Lakes
#GreenFail: 80% of Loans to Green Companies went to Obama Bundlers
No comparison: Ronald Reagan’s recovery vs. Barack Obama’s
Obama’s legacy: Failure
We’re #1!: It’s Official – United States Now Has Top Corporate Tax Rate in the World
Fast and Furious Update: ATF Agent Communicated Directly with White House Aide on Fast and Furious

And never will: The $50 Lesson Obama Hasn’t Learned
Warning, Internet Genius at Work: Conservatives hijack #AskVP hashtag on Twitter Continue reading →

Posted in TML 2012 | Tagged #Greenfail, 99% Robocalls, Ann Marie Buerkle, Atlantic Oil Drilling, Bill Ayers, Did He Look Like Obama, DOJ, election 2012, France, Gas Prices, George Zimmerman, GM, Highest Corporate Tax Rate, Hoodie Crimes, Israel, Italy, Jeremiah Wright, Keith Olbermann, media bias, Mitt Romney, Muslim Insurgents, New Black Panther Party, Obamacare, OWS May Day, Remy, Sanctions, Sasha and Malia, Supreme Court, Thailand, TML 2012, Trayvon Martin, UK Fuel Strike, WI Recall | 6 Comments

The Morning Links (2/17/12 )

Posted on February 17, 2012 by ladyliberty1885

Yes: Quote of the day | Don Surber Now read this one: Hit Obamanomics | Don Surber
The same question: A Graphic Question: Where Are the Jobs? | Republican Study Committee (RSC)
Charts of the day: In Pictures: Facts about America’s Slow Economic Recovery |heritage
Bad: Foreclosures on the Rise Again | CNBC
Worse: CHANGE: Moody’s May Downgrade 17 Banks, Securities Firms. “Moody’s Investor Service warned on Thursday…” | Instapundit Continue reading →

Posted in TML 2012 | Tagged #Greenfail, 2013 Budget, ACORN, Attackwatch, CAIR, Religious Freedom, Syria, TML 2012, TruthTeam2012, US Nukes, whitewashing terrorism, workplace violence | 3 Comments

The Morning Links (2/16/12 )

Posted on February 16, 2012 by ladyliberty1885

LL 1885′s The Morning Links: Site of the Day: The Other McCain No Kidding: Obama: I’m in over my head | Don Surber #GreenFail: Energy Conversion Devices files for bankruptcy as solar energy lags | Detroit Free Press Oops, another … Continue reading →