Lindsay Leveen

Tesla Kneads Dough Fast

Tesla will probably join Solyndra, Ener1, A 123, Fisker and the myriad failed companies Dr. Steven Chu funded with taxpayer money in the hopes of building a government-directed green industry. 2 Sep 2012

Taxpayer-Funded A 123 Green Energy Company Handed to Chinese

A 123 Systems, the “green,” federal stimulus-funded lithium ion battery manufacturer, announced atrocious quarterly results today. Most expected that A 123‘s results would be dark red. What was a surprise was the simultaneous announcement that the company had entered into a memorandum of understanding (MOU) with a Chinese industrial group, Wanxiang, that will give the Chinese control of the company. 8 Aug 2012

Green Car Collides with Laws of Thermodynamics, the Real 'Inconvenient Truth'

Al Gore published a book, made a movie, and won a Nobel Peace prize for his thesis on global warming. The unfortunate thing is he then entered into the venture capital world and brought upon us expensive Betamax technology such as the Fisker Automobile and the Bloom Energy Fuel Cell. Had Al stopped at the movie or just winning the Nobel prize he may never had to face the most fundamental laws of thermodynamics that unfortunately for him, his investors, his political party, his Washington friends, and the US tax payers as a whole disproved his whole notion that cheap electric cars would proliferate and cheap electric power for these electric cars would be generated in his fuel cells. 1 Aug 2012

Is 'Ivanpah' Solyndra Times Three?

Not well known to the average American is a project for solar thermal energy in the Mojave Desert owned by BrightSource Energy. The project is located at Ivanpah, California on land owned by the federal government, and it could end up wasting three times as much money as in the Solyndra debacle. 3 Jul 2012

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