HEADLINES

Monday, October 25, 2010

Obama Administration Approve Largest-Ever Solar Project $6 Billion; All On Borrowed Money

RWB News: Another record broke by the Obama Administration to go along with the Arms deal with Saudi, Unemployment and food stamps. What is the cost on $6 billion in finance charges over 30 years? It's all on borrowed money. When will the Democrats stop spending money? We are BROKE! What happened to that "Pay as you GO" stuff you promised?  The good news is; they say it will create a few hundred jobs….What a joke these people are.

As Reported By AP

WASHINGTON — The Obama administration has approved a thousand-megawatt solar project on federal land in southern California, the largest solar project ever planned on U.S. public lands.

Interior Secretary Ken Salazar hailed the $6 billion Blythe Project, to be built in the Mojave Desert near Blythe, Calif., as the start of a boom in solar power on federal lands.

"Today is a day that makes me excited about the nation's future," Salazar said Monday at a news conference. "This project shows in a real way how harnessing our own renewable resources can create good jobs here at home."

The Blythe project, being developed by Solar Millennium, a German solar developer, is slated for more than 7,000 acres of public land near the Arizona border, some 225 miles east of Los Angeles.

The project is the sixth solar power development approved by the Interior Department this month – all in California and Nevada. Approval of a seventh project – also in California – is expected in the next few weeks. All could start transmitting electricity by the end of 2011 or early 2012.

At full capacity, the seven projects would generate more than 3,000 megawatts of power and provide electricity for up to 2 million homes. The projects are expected to create more than 2,000 jobs during construction and several hundred permanent jobs.

A spokeswoman for the solar industry said the flurry of announcements shows that efforts made by the Obama administration and California Gov. Arnold Schwarzenegger to promote solar power are beginning to pay off.

Read More: http://www.thedenverchannel.com/nationalnews/25508892/detail.html

swenbwr







Sent from my iPhone

No comments:

Post a Comment

Heritage Foundation

DrudgeFeed.com - Drudge Report RSS feed

RedState

Right Wing News

RenewAmerica

Hot Air » Top Picks

Conservative Outpost

Conservative Examiner

Michelle Malkin

Big Government

Big Journalism

Big Hollywood

Pajamas Media