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One of President Obama's suggestions for cleaner energy options was the use of nuclear power plants. But after the 2011 TÅhoku earthquake and tsunami that hit Japan and its power plants, the $54 billion in loan guarantees the president has asked Congress to approve seem doubtful.
In 2009, the Obama administration co-signed $535 million in loans to Solyndra. [1] Heavily promoted as a leader in the sustainable energy sector for its unusual technology, Solyndra was not able to compete with conventional solar panel manufacturers of crystalline silicon. [2] The company filed for bankruptcy on September 1, 2011. [3] [4]
New Energy for America was a plan led by President Barack Obama and Vice President Joe Biden beginning in 2008 to invest in renewable energy sources, reduce reliance on foreign oil, address global warming issues, and create jobs for Americans.
Source: U.S. Dept. of Energy. President Barack Obama installed solar panels on the White House earlier this year, but a new presidential memorandum could see solar on all 500,000 federal buildings ...
President Barack Obama challenged the nation during his 2011 State of the Union Address to cut energy costs so that by the year 2035 we will have 80 percent of America's electricity coming from ...
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In May 2016, the chairman of the U.S. Senate Finance Committee, Senator Orrin Hatch (R-UT), launched the first steps of an investigation into a part of the stimulus law that gave grants to solar and green energy companies. Hatch sent a letter to the IRS and Treasury Department with a list of questions about the program.
President Obama has expedited seven solar and wind energy projects (August 7, 2012) in Arizona, California, Nevada, and Wyoming. Together, these infrastructure projects will produce nearly 5,000 MW of clean energy, according to the White House. The five solar projects include the following installations:
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