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department of energy

Tesla uses stock, note sale to repay government

Tesla
Tesla Motors, which makes a highly acclaimed $70,000 electric car, has paid off a startup loan from the U.S. government nine years early. Read More

Department of Energy seizes $21M from Fisker Automotive Inc.

fisker cars
WASHINGTON — The Obama administration has seized $21 million from troubled automaker Fisker Automotive Inc. just weeks after the company laid off three-fourths of its workers amid continuing financial and production problems. Fisker had received $192 million in federal loans before a series of problems led U.S. officials to freeze the loan in 2011. Read More

Parks get grant to go electric

The U.S. Department of Energy has awarded the Golden Gate National Recreation Area $229,550 for five new electric vehicles and chargers and an upgrade to its heavy duty maintenance equipment to run on a biodiesel blend. The grant will replace five of the park’s sedans with electric vehicles and the five chargers will be installed at Fort Mason to start. Read More

Energy Department OKs more suspect loans

President Barack Obama has learned nothing from the widening scandal surrounding the Department of Energy’s loan guarantee program. Read More

Department of Energy sends stimulus cash down tube

The U.S. Department of Energy gave West Virginia $38 million in stimulus money for home weatherization projects. Out of that, the state paid a lawyer $25,000 to write two sentences verifying that weatherization contracts had been reviewed, reportedly after only four hours of work. That is $6,250 an hour. Such waste and abuse helps explain why half of the state’s weatherized homes reinspected by DOE between September 2009 and August 2010 needed to be redone because of faulty work. Read More

Study to be released today says 430,000 new jobs can be created by Gulf energy industry

With unemployment creeping back upward, one might think President Obama would be interested in any and every policy move he might make to get the economy creating new jobs again. If Obama is truly open to anything other than more of the same left-wing more government spending and regulation mindset, he will pay close attention to a new study being released today. It was jointly funded by the National Oceanic Industries Association (NOIA) and the American Petroleum Institute (API). Read More

Federal judge to Salazar: Stop stalling drilling permits

Federal District Judge Martin Feldman today gave President Obama and Interior Secretary Ken Salazar 30 days to act on five applications seeking permits to drill in the Gulf of Mexico submitted months ago by a Louisiana firm. Read More

Daily Outrage: Department of Energy having trouble practicing what it preaches

AP file photo
WHO: Department of Energy WHAT: Although its website advertises methods for cutting energy use by 50 to 75 percent, the Department of Energy is evidently struggling to implement these measures. Rather than, for example, making the switch to LED lighting, many of the department’s buildings still use fluorescent bulbs. Read More

Electric vehicle maker used private jet to lobby in D.C. a dozen times

Tesla Motors head Elon Musk depends upon federal loan guarantees to keep his fledgling electric vehicle company alive, but when it comes time to fly from his West Coast digs to Washington, D.C. to lobby for Uncle Sam's help, he jumps in a fossil-fuel powered private jet. Read More

Bid to require water-efficient clothes washers revived

A federal appeals court in San Francisco gave the California Energy Commission another chance today to establish a statewide rule requiring water-saving clothes-washing machines. The 9th U.S. Circuit Court of Appeals overturned a decision in which the U.S. Department of Energy in 2006 refused to allow California to establish its own water efficiency standards for residential clothes washers. Read More
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