Biden's solar blunder?

 Washington Free Beacon:

Biden-Backed Solar Company Lied About Effectiveness of Solar Modules, Lawsuit Says Biden gave First Solar $500 million loan last month
...

A Michigan municipal pension fund alleges that executives at First Solar, which is owned by Biden megadonor and Walmart heir Lukas Walton, made "false and misleading statements" to investors and failed to disclose that its solar module was "grossly underperforming and was unable to hit its wattage targets." Those claims and omissions, the fund alleges, artificially inflated the company's stock price in 2019 and led to investor losses.
...

I am not a fan of solar energy.  It is an unreliable source of energy even when it meets its targets.  Democrats have a history of backing failed solar projects.

Comments

Popular posts from this blog

Should Republicans go ahead and add Supreme Court Justices to head off Democrats

29 % of companies say they are unlikely to keep insurance after Obamacare

Bin Laden's concern about Zarqawi's remains