Ford Motor Company

Taxpayer Cash for Ener1 Helped a Thrice-Failed Foreign EV Company

Submitted by Paul Chesser on Wed, 02/01/2012 - 09:49

Think City car Last week yet another treasured Obama administration “Green” energy company – electric vehicle battery manufacturer Ener1 – went bankrupt, after having been granted $118 million in stimulus funds in August 2009. But the gift did more than just sustain it and subsidiary EnerDel; the cash enabled the company to bail out what would be its top customer, a Norwegian electric car company that had already been drained of cash on at least three previous occasions.

Russian Oligarch Tries to Cash In on Obama's Crony Capitalism

Submitted by Paul Chesser on Tue, 01/10/2012 - 09:32

Alexi Mordash The Department of Energy announced on Friday it would not complete a low-interest, $730 million loan to Severstal North America, after it had given the company a conditional commitment in July under its Advanced Technology Vehicles Manufacturing program.

DOE gave no reason for its disapproval of the loan, but it had come under scrutiny about its judgment after the collapse of solar company Solyndra, which was lent $535 million in taxpayer dollars.

DOE Bet on EV Charging Technology Puts Taxpayers in Reverse

Submitted by Paul Chesser on Thu, 10/20/2011 - 09:25

Volt recharging photo On Friday NLPC reported that the Department of Energy may have made a bad bet on Ecotality, the car-charging company that is heavily dependent on $115 million in government grants to deploy stations for electric vehicles through its EV Project. It turns out that DOE may not only be gambling taxpayer funds on a shaky company, but may also have dumped a bunch of money into a technology with a questionable future.

Green Pressure Groups Try to Split National Association of Manufacturers

Submitted by Paul Chesser on Fri, 06/17/2011 - 11:44

National business associations have been targets of intimidation tactics by environmentalist groups for some time now. For example, Greenpeace trespassed on the grounds of the U.S. Chamber of Commerce, and the eco-gangs attacked their climate change positions to the point where individual members left the organization. Meanwhile “Green” investors have pressured companies to leave the chamber as well.

Investors Flock to ‘Clean’ Tech, So Why the Subsidies?

Submitted by Paul Chesser on Thu, 05/26/2011 - 18:26

According to a report in USA Today, venture capitalists are throwing tons of money into clean and “Green” technology companies. In fact, investor Alan Salzman of VantagePoint Capital Partners says, “It's not alternative: We think of it as mainstream."

How mainstream? The newspaper says:

Several venture capitalists interviewed say it could be hundreds of billions of dollars — if not more — when adding up various slices, such as wind (estimated $60 billion) and solar ($20 billion to $30 billion).

When Will Media Report That Corporate Cash is Behind Green Activism?

Submitted by Paul Chesser on Thu, 03/31/2011 - 15:14

Politico reported yesterday that "it's not easy being green anymore," allegedly because of environmental groups' failure to score political victories even when news events are in their favor, such as the BP Gulf of Mexico oil disaster and the Japan nuclear reactor drama. And initiatives such as cap-and-trade failed despite the environoiacs' having a Democrat-dominated Congress and executive branch in 2009 and 2010. From the news story:

Corporate America's Carbon Offsetter Wants U.S. Out of Cancun

Submitted by Paul Chesser on Fri, 12/03/2010 - 13:20

Cancu photo The 13th annual global warming alarmism fiesta is well underway in Cancun, but Eric Carlson, president of carbon offset organization Carbonfund (whose corporate partners include Hyundai, Motorola, Volkswagen, Staples, JetBlue, Dell, Virgin America, Avis and Amtrak), wants the United States to just go away:

Wal-Mart, PepsiCo Unapologetic About Bankrolling Sharpton After Rush Limbaugh/NFL Flap

Submitted by Peter Flaherty on Mon, 10/19/2009 - 15:47

Emailers protesting Wal-Mart support for Al Sharpton’s group, the National Action Network, are getting the following response:

Walmart supports the National Action Network (NAN) as part of an ongoing effort to partner with national organizations that support issues and initiatives of importance to our customers, and the communities we serve.

Our support for NAN is focused on addressing health and wellness issues and other issues important to our customers and associates. Our company will continue to support organizations that can further our mission to help people live better.

Colgate-Palmolive Denies Supporting Sharpton Group in Wake of Rush Limbaugh/NFL Controversy

Submitted by Peter Flaherty on Mon, 10/19/2009 - 14:45

Colgate ad Emailers protesting Colgate-Palmolive’s support for Al Sharpton’s group, the National Action Network (NAN), are getting a response that reads, in part:

We did not participate in the 2009 NAN Conference in New York City.

That’s interesting, because the conference program identifies Colgate-Palmolive as a “sponsor.” Even more interesting, a Colgate-Palmolive ad in a separate program from the same event states, in part:

Colgate-Palmolive is honored to be named Corporation of the Year by the National Action Network…

Sharpton’s Corporate Sponsors Funded Anti-Rush Limbaugh Campaign

Submitted by Peter Flaherty on Wed, 10/14/2009 - 21:38

Sharpton photo Al Sharpton’s platform for his assault on Rush Limbaugh’s NFL ownership bid was the National Action Network (NAN), which is bankrolled by corporate America.

The following companies were identified this year by NAN as “sponsors”: American Honda, Anheuser Busch, Colgate-Palmolive, Comcast, Entergy, Ford Motor Company, Home Depot, Johnson & Johnson, Macy’s, PepsiCo, Pfizer and Wal-Mart. Sponsorship reportedly cost $50,000.

NLPC is asking these companies to end their support for Sharpton and NAN. Here’s how to contact them:

American Honda
phone: 1-800-999-1009 (Mon.-Fri., 6:00 a.m.-5:00 p.m., Pacific Time)
Fax: 310-783-3023 (24 hours)
Click here to find your local dealer.