National Renewable Energy Lab: Another $1 Billion Green Jobs Failure for Obama
Obama’s Green Jobs scam and failures takes another hit when the “National Renewable Energy Lab” who received about $1 billion in government funding, and started receiving a 64 percent increase in their funding during the Obama administration, just announced a plan to lay off about 10 percent of its staff. So much for Obama’s Green Energy Jobs…
“Their funding for 2008 was $328 million, In 2010 it was $536.5 million. They’ve had a 64 percent increase in their funding during the Obama administration.”
…President Barack Obama’s “green jobs” initiatives suffered another major blow late Monday, as the nonprofit National Renewable Energy Lab in Golden, Colorado, announced a plan to lay off roughly 10 percent of its staff through a voluntary buy-out plan.
According to the Denver Post, the lab plans to eliminate between 100 and 150 of its 1,350 jobs. The Obama administration supported the NREL in 2009 with roughly $200 million in stimulus grants. Energy Secretary Stephen Chu visited Golden in May 2009 to promote the NREL as a beneficiary of those funds.
At the time, the Associated Press
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