Obama’s Following Through With Promise to Bankrupt Energy Companies
The economic pain from this will spread to all Americans—both as taxpayers and as energy consumers.
By Heritage Foundation Nicolas Loris—— Bio and Archives--April 15, 2016
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Here’s one set of energy companies: Peabody, Arch Coal, Patriot Coal, Alpha Natural Resources, James River Coal and Walter Energy.
Here’s another: Solyndra, Abound Solar, Fisker Automotive, Beacon Power, Vehicle Production Group.
Both sets companies have two common elements. They’ve all filed for bankruptcies and the federal government had a role in their demise. The economic pain from this will spread to all Americans—both as taxpayers and as energy consumers.
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