Alternative Energy Projects: Who Pays for These Boondoggles?

Not only do these taxpayer-funded projects fail to produce jobs, but the bottom line is that alternative energy is expensive energy.

Work is almost completed on the Crescent Dunes Solar Energy Project, located near Tonopah. The developers had received a $737 million loan guarantee from the U.S. Department of Energy, so if the project fails like Solyndra did, taxpayers will be on the hook for all that money. Even if we don’t have to ultimately make… [More...]