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Message
re: Dept. of Energy axes clean energy grants worth nearly $4 Billion
Posted on 6/2/25 at 5:03 pm to BugAC
Posted on 6/2/25 at 5:03 pm to BugAC
quote:
If these projects were so profitable, then they'd fund it themselves, rather than ask for more corporate handouts.
I'm not saying that ALL these are the case, but i was the CFO for a venture backed hard tech company and i could write 5000 words on why government assistance is key to devlop hard tech and OCED was a HUGE part developing new technology in this country. Sad news.
2
Posted on 6/2/25 at 5:05 pm to ragincajun03
Please tell me SLI is not on this list....
Posted on 6/2/25 at 5:08 pm to ragincajun03
quote:
According to modeling from the environmental think tank Center for Climate and Energy Solutions, the closure of OCED could result in the loss of more than 290,000 jobs.
Cutting 290K jobs is not the problem
The problem is that 290K jobs were created to push that BS on everyone. Basically getting for nothing
That is the problem
Posted on 6/2/25 at 5:34 pm to barry
The sad reality is that most of the money given out never gets to its intended recipient, for its intended purpose. People are tired of being grifted by our honorable “public servants”. I, for one, am for almost any measure that cuts off the gravy train to these leeches.
Posted on 6/2/25 at 5:38 pm to ragincajun03
These articles always do a poor job of breaking down what was a loan, tax credit and direct pay. It's hard to see what the actual impact is of anything without understanding if it's just uncollected taxes, a loan with a repayment schedule or actual cash out the door.
Posted on 6/2/25 at 5:56 pm to barry
wellll. I was president of a Fortune 500 company that went broke overnight when Reagan equalized US. and world oil prices in the early 80's. Poop happens.
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