Danish Wind Turbine Company That Received Over $50 Mill in Stimulus Lays off 800
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Danish Wind Turbine Company That Received Over $50 Mill in Stimulus Lays off 800
Posted by RTR America on 10/14 at 1:46 pm
quote:

A Danish wind turbine company whose subsidiaries received over $50 million in U.S. stimulus dollars announced on Friday it has cut more than 800 jobs in the United States and Canada this year and may be forced to lay off another 800 employees in North America.
This is yet another green energy company that received wasteful stimulus funds and does not even have anything to show for it.


LINK




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Posted by jclem11 on 10/14 at 1:47 pm to RTR America
Good Times Ahead.


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Posted by sugar71 on 10/14 at 1:48 pm to RTR America
Never have I seen Americans so gleefully happy about bad news for other Americans/America.




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Posted by RogerTheShrubber on 10/14 at 1:50 pm to sugar71
quote:

Never have I seen Americans so gleefully happy about bad news for other Americans/America.




Bad news? Dude, someone pocketed a helluva lot of cash in these deals. It's trickle down economics courtesy of your federal govt.



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Posted by jcole4lsu on 10/14 at 1:51 pm to sugar71
quote:

Never have I seen Americans so gleefully happy about bad news for other Americans/America.

werent here when bush was in office huh?



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Posted by Jay Quest on 10/14 at 1:51 pm to RTR America
With the Production Tax Credit (PTC) on renewable energy set to expire at the end of the year, Vestas Wind Systems A/S had previously said it could be forced to lay off a total of 1,600 employees in North America if the scheme is not renewed.


Scheme is the perfect word.



This post was edited on 10/14 at 1:52 pm

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Posted by Aristo on 10/14 at 1:52 pm to sugar71
So, you're ok with the government wasting 50 million dollars?


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Posted by Zahrim on 10/14 at 2:14 pm to RTR America
quote:


Danish Wind Turbine Company That Received Over $50 Mill in Stimulus Lays off 800


yeah because the politicians wont pass the fricking PTC that has been passed every fricking year since the 90's and GWB championed.

the PTC not being passed is causing American power companies (Nextera (formerly Florida Power and Light), Xcel Power, etc)who were buying those wind turbine parts to put planned farms on hold for 2013 construction and causing that company to loose orders for the parts and not do the planned expansion they had in Colorado. So instead of the 4 factories they planned to build here (so they could build the whole construction process of the turbine in a centralized point in North America)they only have one and the rest of the parts have to be farmed out of country...

Just because of the goddamn PTC being used as a political football right now.

Thank you very much.

ETA 80 to 90...


This post was edited on 10/14 at 2:16 pm

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Posted by RTR America on 10/14 at 2:32 pm to Zahrim
quote:

yeah because the politicians wont pass the fricking PTC that has been passed every fricking year since the 90's and GWB championed.

the PTC not being passed is causing American power companies (Nextera (formerly Florida Power and Light), Xcel Power, etc)who were buying those wind turbine parts to put planned farms on hold for 2013 construction and causing that company to loose orders for the parts and not do the planned expansion they had in Colorado. So instead of the 4 factories they planned to build here (so they could build the whole construction process of the turbine in a centralized point in North America)they only have one and the rest of the parts have to be farmed out of country...

Just because of the goddamn PTC being used as a political football right now.

Thank you very much.

ETA 80 to 90...


In you entire rant I don't see any reason for why they needed $50 million in stimulus? Why can the big giant fans compete in the market on their own?



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Posted by Zahrim on 10/14 at 2:46 pm to RTR America
not a fan of stimulus but it wouldn't have been a waste if they pass the PTC.

The PTC puts them on a level playing field with the other subsidies that O/G et. al. get.

LINK

it all comes down to the PTC, that gets passed Vestas can get back on track to building the factories they need in Colorado employing 5000 more people instead of laying off the 1600 people they are currently having to.



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Posted by OLDBEACHCOMBER on 10/14 at 2:49 pm to Zahrim
All I can say is Big Bird's job is safe.


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Posted by Godfather1 on 10/14 at 2:51 pm to sugar71
quote:

Never have I seen Americans so gleefully happy about bad news for other Americans/America.


I'd have been one helluva lot more gleeful if they hadn't gotten my tax dollars to begin with.



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Posted by HailHailtoMichigan! on 10/14 at 2:51 pm to sugar71
quote:

Never have I seen Americans so gleefully happy about bad news for other Americans/America.
How is bringing up bad news "being gleefully happy about it"?

So now we can't bring up bad news because it makes your dear messiah look bad?

No fricking way you went to UCLA.



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Posted by Zahrim on 10/14 at 2:51 pm to OLDBEACHCOMBER
Big Bird can eat a bag of hell and support his damn self. Time for him to grow up and pay his own way considering his annual new worth is more than the federal government subsidies.


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Posted by CITWTT on 10/14 at 2:53 pm to sugar71
a-hole that was money taken from the US given to a forign countries business. This little trick has been used multiple numbers of times since Jan 09. No one is celebrating failure, they are calling out the failure of the companies and the abject failure of the process of decision making to give them BUCKS.


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Posted by OLDBEACHCOMBER on 10/14 at 2:55 pm to Zahrim
quote:

me for him to grow up and pay his own way



That Bastard Bird. Maybe we can havest his crap for the Green Energy movement.



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Posted by FightinTigersDammit on 10/14 at 3:13 pm to OLDBEACHCOMBER
Picking the Losers(TM)


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Posted by McLemore on 10/14 at 4:17 pm to sugar71
quote:

Never have I seen Americans so gleefully happy about bad news for other Americans/America.


yeah, that's what i took away from the article and post. oh, no, i didn't, because i'm not wearing my Hackvision headset.



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Posted by Eighteen on 10/14 at 4:20 pm to RTR America
they "hope and changed" all the way to the fricking bank


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Posted by CITWTT on 10/14 at 5:32 pm to McLemore
quote:

because i'm not wearing my Hackvision headset.





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