Obama’s Green Energy Record

Before President Obama travels to Chicago this afternoon to propose his idea of diverting $2 billion in revenue from federal oil and gas leases over the next decade to pay for research on advanced vehicles, let’s revisit the President’s previous green energy efforts.

Obama’s Green Energy Record

$535 million federal loan to solar energy company Solyndra
BANKRUPT: August 2011

$249.1 million federal loan to electric car battery maker A123
BANKRUPT: October 2012

$118 million federal grant to Ener1
BANKRUPT: February 2012

$70 million federal loan to Abound Solar
BANKRUPT: July 2012

$43 million federal loan to Beacon Power
BANKRUPT: August 2010

$33 million federal loan to Raser Technologies
BANKRUPT: February 2012

Instead of more stimulus for green energy, President Obama should
approve the Keystone XL Pipeline.