Ener Dell News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Now the parent company ener 1 filed for chapter 11 bankruptcy protection. republican lawmakers call it the latest example of the taxpayers losing on the administration's green energy experiment. >> this is a jobs program, you know, according to the president, that is costing taxpayers millions of dollars and is wasted money. in a time when we have $16 trillion in debt, over 8% unemployment. we've got to have programs that make sense. >> a year ago, the vice president was highlighting ener dell as the obama administration goal to put 1 million advanced technology vehicles on road by 2015. mr. b...

11 in september. energy storage company beacon power received $43 million loan and sought bankruptcy protection in october. all with taxpayer support. the president explanation in his "state of the union" address was these companies aren't always successful. >> some technologys don't pan out. some companies fail. >> even today at the university of michigan, mr. obama made his pitch for alternative energy. >> i don't want to see the wind or the solar or the battery industry to china or germany because we were too timid. we didn't have the imagination to make the same commitment here. >> energy ...

Evidence. >> received $118.5 million department grant. now the parent company ener 1 filed for chapter 11 bankruptcy protection. republican lawmakers call it the latest example of the taxpayers losing on the administration's green energy experiment. >> this is a jobs program, you know, according to the president, that is costing taxpayers millions of dollars and is wasted money. in a time when we have $16 trillion in debt, over 8% unemployment. we've got to have programs that make sense. >> a year ago, the vice president was highlighting ener dell as the obama administration goal to put 1 mill...