http://www.zerohedge.com/news/worlds-largest-solar-plant-21-billion-energy-department-loan-guarantee-files-bankruptcy



--
To people who know nothing, anything is possible.
To people who know too much, it is a sad fact
that they know how little is really possible -
and how hard it is to achieve it.

On 03/04/2012 09:15, The Natural Philosopher wrote:

http://www.zerohedge.com/news/worlds-largest-solar-plant-21-billion-energy-department-loan-guarantee-files-bankruptcy

Hard to see quite why they went to the wall so spectacularly fast unless
fraud was involved. Job creation and demolition too! The lawyers and
insolvency practitioners will doubtless pick the carcass bare.

It is a larger US version of the fantasy apprenticeships that Panorama
highlighted last night that have been created to milk the grant system
at a rate of £9k per unfortunate "apprentice" *NOT* trained.

http://www.bbc.co.uk/news/uk-17564251

Only about £0.25Bn or so has gone AWOL so far with this scheme.

10% of all apprentices work for Morrisons (40% of all their employees!).
(and they are the relatively good guys providing some real training)

The dodgy ones are just scams pure and simple exploiting a series of
crass loopholes without any oversight or inspections.

--
Regards,
Martin Brown

Martin Brown wrote:
On 03/04/2012 09:15, The Natural Philosopher wrote:

http://www.zerohedge.com/news/worlds-largest-solar-plant-21-billion-energy-department-loan-guarantee-files-bankruptcy


Hard to see quite why they went to the wall so spectacularly fast unless
fraud was involved.

How can fraud NOT be involved? It's 'renewable energy' FFS! Its ALL a fraud.



Job creation and demolition too! The lawyers and
insolvency practitioners will doubtless pick the carcass bare.

It is a larger US version of the fantasy apprenticeships that Panorama
highlighted last night that have been created to milk the grant system
at a rate of £9k per unfortunate "apprentice" *NOT* trained.

http://www.bbc.co.uk/news/uk-17564251

Only about £0.25Bn or so has gone AWOL so far with this scheme.

10% of all apprentices work for Morrisons (40% of all their employees!).
(and they are the relatively good guys providing some real training)

The dodgy ones are just scams pure and simple exploiting a series of
crass loopholes without any oversight or inspections.


Of course. Once the government starts handing out money the snouts are
in the trough faster than you can say 'harry's solar panels'

Harry is the classic case in point.


--
To people who know nothing, anything is possible.
To people who know too much, it is a sad fact
that they know how little is really possible -
and how hard it is to achieve it.

On 03/04/2012 15:09, The Natural Philosopher wrote:
It's 'renewable energy' FFS! Its ALL a fraud.

Hydro is a perfectly reasonable technology, and has been used for centuries.

Andy

In message , Andy Champ
writes
On 03/04/2012 15:09, The Natural Philosopher wrote:
It's 'renewable energy' FFS! Its ALL a fraud.

Hydro is a perfectly reasonable technology, and has been used for centuries.

Err, like the reservoirs are overflowing ATM

rivers are bursting their banks


--
geoff

Andy Champ wrote:
On 03/04/2012 15:09, The Natural Philosopher wrote:
It's 'renewable energy' FFS! Its ALL a fraud.

Hydro is a perfectly reasonable technology, and has been used for
centuries.

When it wasn't called 'renewable energy. It was called 'hydroelectric power.

What do you think they had to dream up a stupid term like 'renewable '
anyway ? To sell it to the greentards.

There is no renewable energy in the whole known universe.

We are, and we always have been, living on borrowed time.



Andy


--
To people who know nothing, anything is possible.
To people who know too much, it is a sad fact
that they know how little is really possible -
and how hard it is to achieve it.

geoff wrote:
In message , Andy Champ
writes
On 03/04/2012 15:09, The Natural Philosopher wrote:
It's 'renewable energy' FFS! Its ALL a fraud.

Hydro is a perfectly reasonable technology, and has been used for
centuries.

Err, like the reservoirs are overflowing ATM

rivers are bursting their banks


yeah. And the sea is rising so fast you would swear the tides were
coming on :-)

Meanwhile hydro is down to sub 200MW. Even the stupid turbines are doing
better - well they are today anyway.


--
To people who know nothing, anything is possible.
To people who know too much, it is a sad fact
that they know how little is really possible -
and how hard it is to achieve it.

The Natural Philosopher wrote
Andy Champ wrote
The Natural Philosopher wrote

It's 'renewable energy' FFS! Its ALL a fraud.

Hydro is a perfectly reasonable technology, and has been used for centuries.

When it wasn't called 'renewable energy.

It was anyway.

It was called 'hydroelectric power.

All renewable energy has a more specific name.

What do you think they had to dream up a stupid term like 'renewable ' anyway ? To sell it to the greentards.

They didnt need to sell it to anyone with hydro.

There is no renewable energy in the whole known universe.

Thats just plain wrong with hydro.

We are, and we always have been, living on borrowed time.

Nope, not now that we have invented nukes.

And while it may be strictly true with that ****ing great
fusion system we orbit around, in a practical sense it isnt.

Yes, the grid powered by nukes is much more effective.

Thats an entirely separate matter to what is a fraud.

On Apr 3, 9:15*am, The Natural Philosopher
wrote:
http://www.zerohedge.com/news/worlds-largest-solar-plant-21-billion-e...

--
To people who know nothing, anything is possible.
To people who know too much, it is a sad fact
that they know how little is really possible -
and how hard it is to achieve it.

Problem seems to be a management one of changing technologies in
midstream.
http://en.wikipedia.org/wiki/Solar_Trust_of_America

On Apr 3, 10:54*am, Martin Brown
wrote:
On 03/04/2012 09:15, The Natural Philosopher wrote:



http://www.zerohedge.com/news/worlds-largest-solar-plant-21-billion-e....

Hard to see quite why they went to the wall so spectacularly fast unless
fraud was involved. Job creation and demolition too! The lawyers and
insolvency practitioners will doubtless pick the carcass bare.

It is a larger US version of the fantasy apprenticeships that Panorama
highlighted last night that have been created to milk the grant system
at a rate of £9k per unfortunate "apprentice" *NOT* trained.

http://www.bbc.co.uk/news/uk-17564251

Only about £0.25Bn or so has gone AWOL so far with this scheme.

10% of all apprentices work for Morrisons (40% of all their employees!).
(and they are the relatively good guys providing some real training)

The dodgy ones are just scams pure and simple exploiting a series of
crass loopholes without any oversight or inspections.


When the gov.did away with our nationalised industies, they never took
into account the thousands of apprentices they trained.