President Clinton On Tattos And New Energy
Despite malicious misinformation propagated by the LA Times, BrightSource Energy’s Ivanpah solar power plants complex is going up on time and on budget with due respect to the Mojave Desert environment.
Like over 95 percent of the loans provided to New Energy by the Obama administration to balance longstanding federal support for the Old Energies, the federal investment in Ivanpah is on track to bring back full repayment with interest to taxpayers. It will also help keep electricity rates in control when, over the long run, volatile fossil fuel prices rise while the sun goes on shining cost-free.
As President Clinton notes here, Ivanpah is a stellar example of creative cooperation between government and the private sector. From BrightSource via YouTube
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