More Stimulosers: Amonix Goes Bust
The lesson from Amonix is clear: As with Solyndra, Beacon Power, and so many others, the latest fiasco demonstrates that the federal government shouldn’t be running an energy hedge fund
By Institute for Energy Research —— Bio and Archives--July 24, 2012
Global Warming-Energy-Environment | Comments | Back To Full Article
In addition to Solyndra, Beacon Power, and a host of other “Stimulosers,” we can now add solar panel manufacturer Amonix to the list of federally-backed alternative energy companies jeopardizing taxpayer funds. The latest embarrassment is especially relevant in light of this week’s planned vote on the “No More Solyndras Act” [.pdf], which would discontinue new loan guarantees and would limit the DOE’s discretion in approving pending applications.
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