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Taxpayer-Supported Fisker Looking to China, Like A123
Stimulus déjà vu-lishness lurks: Another “green” tech company that received hundreds of millions of taxpayer dollars is financially troubled, seeks a buyer (or their preferred term – a “partner”), and...
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Al Gore, DiCaprio AWOL as Fisker Circles the Drain
[UPDATE: On March 29, Reuters reported that Fisker hired a bankruptcy attorney.] Fisker Automotive, which has received $193 million of a $529 million Department of Energy stimulus loan guarantee and...
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One Day in the Life of Federal Government
I’m scanning headlines on the Internet. I see President Obama has announced he’ll agree to cut Social Security and other benefit programs in exchange for higher taxes. I think, “Take more, give less....
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Lawsuit and a Congressional Hearing as Fisker Bankruptcy Nears
As green energy stimulus recipients raked in billions of dollars the last few years, with President Obama declaring what a great “investment” they were for taxpayers, friends of mine would jokingly...
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Administration Denies Reality at Fisker Congressional Hearing
As the Department of Energy seized the last of Fisker Automotive’s reserves in lieu of an unknown amount that it was due to repay this week, what’s left of the lame electric automaker clings to the...
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Fisker: Free to Make Flashy Cars in Finland
With nearly a year’s worth of exclusive reporting on Obama’s green-energy crony-corruption scandal, you might think we’ve covered them all—but the hits just keep on coming. This week Fisker is in the...
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Obama’s Electric Vehicle Loans Program is a Failure
Mark it down: the report this month about the shutdown of Vehicle Production Group – beneficiary of a $50-million stimulus loan from the Department of Energy – means the Advanced Technology Vehicles...
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Details Revealed of Fisker’s Waste and Mismanagement
As NLPC has covered Fisker Automotive’s catastrophic flop over the last few years since it was granted a $529-million taxpayer-guaranteed loan from the Department of Energy, one big question that...
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NHTSA to Investigate Tesla Fires as Battery Facts Remain Elusive
After three recent fires, Tesla Motors CEO Elon Musk said he asked the National Highway Transportation Safety Administration to investigate its Model S. NHTSA said no he didn’t. Tesla has been saying...
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Annoying Greenies on the Defense
After decades of controlling America’s energy narrative, on January 5, CBS’s 60 Minutes fired a shot that has put the green lobby on the defensive. The next day, two very different media outlets lobbed...
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Alcoa Gets First Loan From Energy Dept. Program— But Doesn’t Need It
A stimulus-backed Department of Energy loan program that has not been tapped for four years, and was deemed unwanted two years ago by the Government Accountability Office, is suddenly ready and willing...
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Consumer Reports Rescinds Recommendation for Tesla’s Model S
Imagine a product that performs so well, that an evaluator says it busted through the top of its grade scale, yet that same scorer can’t recommend the product due to issues of reliability. That would...
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