3RD major solar company to shut down, shouldn't we just give up and start drilling?

Discussion in 'The Bar' started by SIPAWITZ, Sep 1, 2011.

  1. SIPAWITZ

    SIPAWITZ Bialy Whore Banned User

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    [​IMG]


    (Reuters) - Solar startup Solyndra LLC, said it has suspended operations and plans to file for bankruptcy, 15 months after President Barack Obama visited a company factory that was to be expanded with the help of a federal loan guarantee.

    The Chapter 11 filing, expected next week, will make Solyndra the third U.S. solar company to seek bankruptcy protection in the last month. Former Wall Street high flyer Evergreen Solar Inc filed for Chapter 11 two weeks ago, followed four days later by SpectraWatt Inc, a private company that was backed by Intel Corp.



    LOL...$533,000,000 in tax payer money down the drain


    even T.Boone Pickins admitted his windmill energy is a bust and will never be a viable.



    is it time to scrap the whole GREEN TECH agenda?


    *side note* this is not about obama cause bush would have signed the bill also.
     
  2. ChuckZ

    ChuckZ You're so pusillanimous, oh yea.

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    Could of sworn I just saw this thread elsewhere?
     
  3. SIPAWITZ

    SIPAWITZ Bialy Whore Banned User

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    yep, i posted it on SFN as well
     
  4. low selfestitle

    low selfestitle Moderator Staff Member

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  5. SIPAWITZ

    SIPAWITZ Bialy Whore Banned User

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    they dont work, so no worries of that


    well, atleast pickens wasted his own cash.....around 139 mill for 2500 windmills
     
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  6. GSD

    GSD Active Member

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    Better to buy or steal the new tech from the germans

    They're light years ahead and profitable
     
  7. SIPAWITZ

    SIPAWITZ Bialy Whore Banned User

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    im beginning to think the whole thing is a scam
     
  8. GSD

    GSD Active Member

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    You're probably right. The whole industry is highly subsidized by each government.

    On another type of energy I drove by a few of the giant high tech wind mills that were at a dead stop the last few days :jj: Another wasted cause for now
     
  9. ChuckZ

    ChuckZ You're so pusillanimous, oh yea.

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    Did some quick reading, they do seem to be doing a good job with it.
     
  10. ChuckZ

    ChuckZ You're so pusillanimous, oh yea.

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    Although I just read another article that China is stealing some of Gemany's business. :c
     
  11. SIPAWITZ

    SIPAWITZ Bialy Whore Banned User

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    we have more crude oil shale in the dakotas than iraq and iran combined.....WTF
     
  12. SIPAWITZ

    SIPAWITZ Bialy Whore Banned User

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    thats what solynder says put them out of business
     
  13. ChuckZ

    ChuckZ You're so pusillanimous, oh yea.

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    I'm all for going for the shale, I hate sending money to all those violent countries that hate us.
     
  14. ChuckZ

    ChuckZ You're so pusillanimous, oh yea.

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    It will probably be the 3rd world countries with cheap labor that will make it a bit more affordable.
     
  15. Bro

    Bro Oligarchical Corporatocracy VIP Gold

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    The chinese makes solar panels cheaper.
     
  16. ChuckZ

    ChuckZ You're so pusillanimous, oh yea.

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    I just said that. :cuss:
     
  17. SIPAWITZ

    SIPAWITZ Bialy Whore Banned User

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    and today gas was $4.00 a gallon at my local A&P

    mutha fucker
     
  18. Vyb

    Vyb serial chiller Gold

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    Last edited: Sep 1, 2011
  19. Bro

    Bro Oligarchical Corporatocracy VIP Gold

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    The chinese have original panels put up on the white house during the Carter administration that Reagan took down in a museum. Way to drop the ball America.
     
  20. Markijuano

    Markijuano Well-Known Member

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    Between plastics, metals, trucks, equipment and environmental impact the infrastructure behind wind generated power makes it impossible to be profitable. The real money should be spent on spill clean up technology. Drill baby