Latest Obama “Greendoggle” A Glaring Example of Failure
Greendooggle? Yes, greendoggle. Kinda of like a boondoggle, only greener.
Noun: work or activity that is wasteful or pointless but gives the appearance of having value.
Verb: waste money or time on unnecessary or questionable projects.
Get the point now?
President Obama and his administration have another failure on their hands. This time it’s a major power plant. Solar? Why of course. Check out this article by The Daily Caller.
As Written by Michael Bastasch, The Daily Caller:
California regulators may force a massive solar thermal power plant in the Mojave Desert to shut down after years of under-producing electricity — not to mention the plant was blinding pilots flying over the area and incinerating birds.
The Ivanpah solar plant could be shut down if state regulators don’t give it more time to meet electricity production promises it made as part of its power purchase agreements with utilities, according to The Wall Street Journal.
Ivanpah, which got a $1.6 billion loan guarantee from the Obama administration, only produced a fraction of the power state regulators expected it would. The plant only generated 45 percent of expected power in 2014 and only 68 percent in 2015, according to government data.
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