The Conservative Cave
Current Events => General Discussion => Topic started by: Alpha Mare on July 23, 2011, 03:09:40 PM
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link (http://www.frugal-cafe.com/public_html/frugal-blog/frugal-cafe-blogzone/2011/07/23/another-expensive-government-green-jobs-nightmare-ca-taxpayers-funded-electric-car-manufacturer-that-spent-500000-has-gone-belly-up-so-where-are-the-green-cars/)
A Salinas car manufacturing company that was expected to build environmentally friendly electric cars and create new jobs folded before almost any vehicles could run off the assembly line.
The city of Salinas had invested more than half a million dollars in Green Vehicles, an electric car start-up company. All of that money is now gone, according to Green Vehicles President and Co-Founder Mike Ryan.
The start-up company set up shop in Salinas in the summer of 2009, after the city gave Ryan a $300,000 community development grant.
When the company still ran into financial trouble last year, the city of Salinas handed Ryan an additional $240,000. Green Vehicles also received $187,000 from the California Energy Commission.
Salinas Mayor Dennis Donohue said he was “surprised and disappointed†by the news. City officials were equally irked that Ryan notified them through an email that his company had crashed and burned.
Surprise, surprise.
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"Green" is NOT jobs-friendly. Never has been, never will be.
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The only "green job" I know of is hand planting pine trees.
...and it's work so no DUmmies will benefit from those green jobs.