BREAKING: Pingree helped King get $102 million Federal loan guarantee. (From the MaineWire)

 

BREAKING: Pingree helped King get $102 million Federal loan guarantee

The Maine Wire has obtained a letter sent from U.S Congresswoman Chellie Pingree (D- Maine) to the Department of Energy in support of Angus King’s Record Hill Wind project.  Record Hill was named last week in a report from the House Committee on Oversight and Government Reform as one of a number of companies that received federal loan guarantees under questionable circumstances. King’s company received a $102 million government loan guarantee, despite having more than sufficient cash on hand for the project, as well as the backing from the $8 billion Yale Endowment.

King’s company applied for the loan guarantee under an ‘innovative technology’ grant. The report shows that King’s technology was not, in fact, innovative- it has been widely used commercially before the Record Hill project.

King’s campaign claims the candidate knew nothing about the congressional investigation, despite a letter from the committee to King’s business partner six days before the report went public......

To see the entire article click here.

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Comment by Allen Barrette on March 31, 2012 at 2:50pm

Hey Chellie Pingree Did the Industry tell you to say that or what? Come on take a look outside the winds not even blowing.

Comment by freemont tibbetts on March 31, 2012 at 12:59pm

    That"s whats wrong with our Gov. to day to many on the wrong side the road for the ~ $$$$$~  

Comment by Hart Daley on March 31, 2012 at 11:23am

Here is the email I just sent to Chellie Pingree:

Congresswoman Pingree: Below is a letter you wrote supporting Angus King and his Record Hill wind project in Roxbury, ME. Their claims of innovative technology were just a deceptive measure to acquire 102 million dollars of US the taxpayers money. I hope you see the clarity of your error in supporting this corruption.

Dear Mr. Silver:   I am pleased to write in support of Record Hill Wind’s grant application to DOE’s Innovative Technology Federal Loan Guarantee Program, reference number DE-FOA-0000140.   Record Hill’s Roxbury, Maine project has received all necessary local and state permits. The project will create a new source of renewable energy and provide for hundreds of good paying construction jobs. Maine needs more such renewable energy projects that can help reduce our reliance on fuels from other nations, and this clean energy project will significantly reduce carbon emissions to help reach state objectives to reduce GHG emissions as well.   I urge the Department of Energy to look favorably on this request.   Sincerely,   Chellie Pingree  Member of Congres [sic]

Comment by Allen Barrette on March 31, 2012 at 9:21am

Chellie Pingree you are on the wrong side of the road, What the h--l do you think your doing. Folks like these two are dangerous. Quit waisting the tax payers money. Where are the farms subsidies to benefit Maine's people. Where is the money for our new National Monorail System, oh wait it"s in your pocket my mistake.    ----Got Vision----- 

Comment by Rick Conrad on March 31, 2012 at 8:37am

  Money talks and it usually tells the truth.

Comment by Rick Conrad on March 31, 2012 at 8:36am

    Like we always say "Follow the money"

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CMP Transmission Rate Skyrockets 19.6% Due to Wind Power

 

Click here to read how the Maine ratepayer has been sold down the river by the Angus King cabal.

Maine Center For Public Interest Reporting – Three Part Series: A CRITICAL LOOK AT MAINE’S WIND ACT (excerpts) From Part 1 – On Maine’s Wind Law “Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine if the law’s goals were met." . – Maine Center for Public Interest Reporting, August 2010  http://www.pinetreewatchdog.org/wind-power-bandwagon-hits-bumps-in-the-road-3/From Part 2 – On Wind and Oil Yet using wind energy doesn’t lower dependence on imported foreign oil. That’s because the majority of imported oil in Maine is used for heating and transportation. And switching our dependence from foreign oil to Maine-produced electricity isn’t likely to happen very soon, says Bartlett. “Right now, people can’t switch to electric cars and heating – if they did, we’d be in trouble.” So was one of the fundamental premises of the task force false, or at least misleading?"  http://www.pinetreewatchdog.org/wind-swept-task-force-set-the-rules/From Part 3 – On Wind-Required New Transmission Lines Finally, the building of enormous, high-voltage transmission lines that the regional electricity system operator says are required to move substantial amounts of wind power to markets south of Maine was never even discussed by the task force – an omission that Mills said will come to haunt the state.“If you try to put 2,500 or 3,000 megawatts in northern or eastern Maine – oh, my god, try to build the transmission!” said Mills. “It’s not just the towers, it’s the lines – that’s when I begin to think that the goal is a little farfetched.” http://www.pinetreewatchdog.org/flaws-in-bill-like-skating-with-dull-skates/

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