The Patriot Post® · Solar Auction Not So Bright

Barack Obama said that all those billions of dollars in renewable energy investments were necessary to rid the world of its addiction to fossil fuels. Evidently, the colossal failure of federally-backed corporations like Solyndra is still fresh in the minds of potential buyers. Denver Business Journal reporter Cathy Proctor says, “The nation’s first federally run auction for a chance to develop solar power projects on public lands was a bust.” According to Bureau of Land Management spokeswoman Vanessa Lacayo, “We did not have any bidders come to the sale and we did not receive any sealed bids on the sale.” Not exactly a glowing example of “green” technology. Meanwhile, the future of America’s energy infrastructure is bright, yet Obama continues to stand in the way of its full potential.