pushing climate change for profits …

The Clinton Foundation, caught enriching the big banks and Wall Street with their crony funding of a failed technology, wind, by their climate scares.

[…] Goldman Sachs: donated between $1 million to $5 million and the Goldman Sachs Philanthropy Fund has contributed between $250,000 to $500,000 to the Clinton Foundation.

As Lakatos pointed out in previous reports, Goldman Sachs is connected, via various roles, to at least 14 companies and/or projects that won green taxpayer cash––a tab that exceeded $8.5 billion. One specific example: Goldman is credited as the “exclusive financial adviser” for the now bankrupt Solyndra ($570.4 million loss). Then there is now-bankrupt SunEdison—an early Goldman Sachs investment. SunEdison received $1.5 billion in federal and state subsidies. And, in 2010, Goldman Sachs handled the IPO of government winner, Tesla Motors that was awarded $465 million from the Department Of Energy (DOE) ATVM program—they got much more if you factor in the state and local subsides: $2,406,805,253 to be exact. Also, according to Goldman, “In May 2013, [they] helped raise over $1 billion in new financing for Tesla Motors.”

That was just one firm’s discovery! Read it all.

That was discovered just after a solar farm, subsidized of course, catches fire:

Inevitably, the incident reveals the inherent dangers of concentrated solar power as well as the need to ensure that the mirrors are always on target. Concentrated solar power plants, in addition to being a menace to themselves, can also pose a hazard to local wildlife. Last year, a plant in Nevada torched over a hundred birds when they flew through the plant’s “flux field”.

It’s yet another setback for the Ivanpah facility. For the past few months, the plant has been unable to meet the output levels stipulated in its power purchase agreement, and it was given an extension until 31 July 2016 to improve performance. This fire obviously isn’t going to help.

Another beautiful tropical winter’s day, waiting for climate refugees.

dinosaur coast on Dampier Peninsula

About Tom Harley

Amateur ecologist and horticulturalist and CEO of Kimberley Environmental Horticulture Inc. (Tom Harley)
This entry was posted in Climate, comedy, energy, technology, weather and tagged , , , , , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s