Another One Bites The Dust -- March 11, 2017

Over the last couple of days, there have been reports of "global-warming-related" entities shutting down or going bankrupt. First, the was the Australian Climate Institute, and then there was the Hawaiian algae-producing-jet-fuel refiner.

These, of course, were preceded over the past several years by the "Solyndra 38" which has certainly grown to 45+, I'm sure.

To the list of Solyndra projects we can now add yet another taxpayer-funded Obama green-energy project: Aquion Energy. Data points:

• $5.2 million stimulus-tied grant from the Obama administration
• battery research
• Pennsylvania
• lessons learned in making batteries:
• a complex endeavor
• time-consuming
• very capital intensive

... none of which stopped the NASA "man-on-the-moon" program, the Lewis and Clark expedition, George Patton, Tesla, or DAPL.

To its credit, and something the CEO and directors can put on their resume when looking for a new job, the company was named "the North American Company of The Year" just prior to filing for bankruptcy.

I cannot make this stuff up.

Maybe Donald Trump should invited the company's CEO and its directors to the White House to honor them.