The IPCC tells us that Himalayan glaciers will be gone in 24 years. Times Atlas tells us that Greenland will be ice free in 70 years. Leading Navy experts tell us that the Arctic will be free of sea ice in two years. Norwegian experts tell us that Arctic has been free of sea ice since 2008, the same year which Hansen predicted Manhattan would drown.
Is there some reason why billions of taxpayer money are going to fund this crap?
No, but it’s probably like when some government entities spent $25000 for a hammer or $60000 for a screwdriver. Creative book keeping comes to mind here, you know like cooking the books.
Puffington doesn’t seem to think it’s a big deal that Solyndra went bankrupt, taking half a billion tax payer dollars with it.
Why the Solyndra Solar Bankruptcy Scandal Is a Big Deal, but Not the Big Deal Republicans are Making of It
“The first charge against Solyndra is the wastefulness of the federal loan guarantees that it received and the loan guarantee program in general. Well, if solar was the only industry getting this aid, that might be something. But given the incredibly large amounts given in federal subsidies to fossil fuels compared to solar, that is not the case. Indeed, direct subsidies for nuclear in recent energy legislation adds up to over 13 billion (that’s with a b, kids) and recent loan guarantees for nuclear construction are over $60 billion, $18 billion of which have already been allocated in Georgia.”
http://www.huffingtonpost.com/andy-wilson/why-the-solyndra-solar-ba_b_959232.html
Did I miss something here? Has there been a bankruptcy by any fossil fuel, or nuclear company lately? It looks like, to me anyway, that after 3 failed solar companies in 2 months someone took the money and ran.