State green energy firms' success questioned
The Patrick Administration can continue to ignore the green bubbles bursting around us, while it's in the public interest that they provide us with an honest accounting and some painful acknowledgments.
February 14, 2012
by Barbara Durkin
in Milford Daily News
Mass Secretary of Energy and Environmental Affairs best defense, ‘State says clean energy firms thrive in Massachusetts', hangs a lantern over the state's inability to pick winners.
From the perspective of the public funding approximately 60 percent of these investments, Evergreen Solar and Beacon Power are in bankruptcy protection; Boston Power is moving to China; A123 Systems' battery defect, according to Fisker Automotive, has prompted the recall of 239 Karma cars in the U.S. Boston-based First Wind, New England's largest wind developer, has lost $333 million in needed capital by Maine Public Utilities Commission recent ruling against their... [continue via Web link]