DEVELOPING: U.S. SENATE HOPEFUL ANGUS KING WIND PROJECT CITED BY CONGRESSIONAL INVESTIGATION
I wonder whether this will also finally get some sunlight on the mysterious Delaware registered highly secretive partner of King's in this deal - "Bayroot", perhaps named after the college drinking game of same name. Of course that just might make sense as after a couple years or so it was finally revealed who this company was - the ultra well endowed Yale University Endowment Fund.
Like they needed Joe and Jane Taxpayer to guarantee them that they couldn't lose?
Funny too how Yale prides itself as a savior of the planet and behind the shroud of their Bayroot shell, they are a truly savage clear cutter.
DEVELOPING: KING WIND PROJECT CITED BY CONGRESSIONAL INVESTIGATION
Report Refers to project as part of a pattern of “dysfunction, negligence and mismanagement”
(This story was updated at 3:44pm)
Just a day after Angus King announced he was divesting his stake in his wind energy company, a Congressional Oversight Committee has called into question the basis for a $102 million loan guarantee granted to King’s Record Hill Wind project.
The U.S House of Representatives Committee on Oversight and Reform yesterday released an extensive report on questionable funding for projects authorized through the U.S. Department of Energy. The report, titled “The Department of Energy’s Disastrous Management of Loan Guarantee Programs”, reveals that the Record Hill project received a loan guarantee based on “questionable reasoning” by King’s company.
From the report:
“After conducting a substantial review of the Department of Energy’s (DOE) loan guarantee program, it is clear that the significant losses absorbed by taxpayers as a result of Solyndra’s collapse is just the beginning. The investigation conducted by the House Committee on Oversight and Government Reform has uncovered numerous examples of dysfunction, negligence and mismanagement by DOE officials, raising troubling questions about the leadership at DOE and how it has administered its loan guarantee programs.”
The report shows that the Department of Energy (DOE) “approve[d] Record Hill Wind’s $102 million loan guarantee project as “innovative,” despite the project using commercial technology. DOE knew that the Record Hill project did not use significantly innovative technology.”
“the Record Hill Wind project attempted to categorize minor modifications to existing commercial technology as “innovativeness.” DOE eventually agreed with Record Hill Wind’s questionable reasoning”
Please continue reading here.
And please click right here as well as right here to read:
THE UNTOLD STORY OF RECORD HILL WIND
http://www.themainewire.com/2012/03/developing-king-wind-project-ci...
Views: 1094
Comment
-
Comment by Geraldine Richards on March 22, 2012 at 9:13am
-
HIs photo above is lacking one thing, a wind turbine behind his head! Your joking about putting this man in another office with our money right????? He already raked over the State of Maine for four years and he deserves NOT to be allowed to even try for this Senate seat. He is rich, hooray for me and should not run, my opinion .. MY VOTE IS A BIG NO on THIS ONE!
-
-
Maybe they'll find the same corruption happened with DOE grants given to First Wind?
The wind industry house of cards is starting to crumble................
-
Comment by Whetstone_Willy on March 22, 2012 at 8:06am
-
-
Comment by Donna Amrita Davidge on March 22, 2012 at 8:04am
-
right on!
-
Comment by Hart Daley on March 22, 2012 at 7:20am
-
I hope the people in this great state of Maine chose NOT to elect this crook to Senate. What an insult to all the hard work and committment of Olympia Snow this would be. Let's hope this is just the beginning of dragging many many skeletons out of the companies closets!
-
-
It is theorized that A.King has just buried his connections to the wind industry and once he fails to be elected, and he will fail, he will dig up the bones and be a fat cat again. As for Long Islander, keep up the postings and spread then far and wide. Anon.
-
Comment by Barbara Durkin on March 21, 2012 at 11:53pm
-
Thank you, Long Islander and Citizens Task Force, for your great continuing coverage of the wind scam!
See John's astute comments and excellent coverage on Angus King, First Wind et al on the Daily Bail:
http://dailybail.com/home/song-green-energy-blues.html?currentPage=4
Keep up the fantastic work!
Barbara Durkin
- ‹ Previous
- 1
- 2
- Next ›
Maine as Third World Country:
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
******** IF LINKS BELOW DON'T WORK, GOOGLE THEM*********
(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 https://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?" https://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.” https://www.pinetreewatchdog.org/flaws-in-bill-like-skating-with-dull-skates/
Not yet a member?
Sign up today and lend your voice and presence to the steadily rising tide that will soon sweep the scourge of useless and wretched turbines from our beloved Maine countryside. For many of us, our little pieces of paradise have been hard won. Did the carpetbaggers think they could simply steal them from us?
We have the facts on our side. We have the truth on our side. All we need now is YOU.
“First they ignore you, then they laugh at you, then they fight you, then you win.”
-- Mahatma Gandhi
"It's not whether you get knocked down: it's whether you get up."
Vince Lombardi
Task Force membership is free. Please sign up today!
Hannah Pingree on the Maine expedited wind law
Hannah Pingree - Director of Maine's Office of Innovation and the Future
"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."
https://pinetreewatch.org/wind-power-bandwagon-hits-bumps-in-the-road-3/
© 2024 Created by Webmaster.
Powered by
You need to be a member of Citizens' Task Force on Wind Power - Maine to add comments!
Join Citizens' Task Force on Wind Power - Maine