NewEnergyNews: EXEC ON TRIAL FOR ‘CLEAN COAL’ FRAUD

NewEnergyNews

Gleanings from the web and the world, condensed for convenience, illustrated for enlightenment, arranged for impact...

While the OFFICE of President remains in highest regard at NewEnergyNews, this administration's position on climate change makes it impossible to regard THIS president with respect. Below is the NewEnergyNews theme song until 2020.

The challenge now: To make every day Earth Day.

YESTERDAY

  • ORIGINAL REPORTING: Hawaii Leads New Energy Again With Solar Breakthrough
  • ORIGINAL REPORTING: Grid Modernization Accelerates
  • THE DAY BEFORE

  • TODAY’S STUDY: New Numbers Show Grid Modernization Gaining
  • NO QUICK NEWS TODAY, DUE TO TECHNICAL PROBLEMS CAUSED BY A MICROSOFT UPDATE. GRRR…
  • THE DAY BEFORE THE DAY BEFORE

  • TODAY’S STUDY: A Defense Of Rooftop Solar
  • QUICK NEWS, May 21: Stop Climate Change To Save “Tens Of Thousands” Species; Willing To Pay For New Energy; Lawmakers, Regulators Working To Grow EVs
  • THE DAY BEFORE THAT

  • Weekend Video: About Mr. Pruitt
  • Weekend Video: The Impacts Are Now
  • Weekend Video: The Winds In New Mexico
  • THE LAST DAY UP HERE

  • FRIDAY WORLD HEADLINE-More Migrants From Climate Change Than From War
  • FRIDAY WORLD HEADLINE-India’s New Energy Jobs Boom
  • FRIDAY WORLD HEADLINE-Japan’s Nissan Moves Into Solar-Plus-Storage In UK
  • FRIDAY WORLD HEADLINE-Big Economic Boosts From EU Wind
  • --------------------------

    --------------------------

    Founding Editor Herman K. Trabish

    --------------------------

    --------------------------

    Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

    email: herman@NewEnergyNews.net

    -------------------

    -------------------

      A tip of the NewEnergyNews cap to Phillip Garcia for crucial assistance in the design implementation of this site. Thanks, Phillip.

    -------------------

    Pay a visit to the HARRY BOYKOFF page at Basketball Reference, sponsored by NewEnergyNews and Oil In Their Blood.

  • ---------------
  • THINGS-TO-THINK-ABOUT THURSDAY, May 24:

  • Climate Change Goes To Court
  • New Energy Now Beats The Market

    Thursday, January 16, 2014

    EXEC ON TRIAL FOR ‘CLEAN COAL’ FRAUD

    CEO of 'clean coal' company goes on trial in $57 million fraud; Bixby Energy Systems of Ramsey promised investors that it would convert coal to clean-burning gas, but prosecutors contend it was a lie.

    David Shaffer, January 11, 2014 (Minneapolis StarTribune)

    "…[Businessman Bob Walker is on trial] in U.S. District Court on charges of fraud, conspiracy, tax evasion and witness tampering…Prosecutors contend that Walker is a liar who knew [Bixby Energy Systems’ clean coal] technology didn’t work and who stole $57 million from 2,000 investors in a decade-long con job…From the defense, jurors will…[hear that Walker was] a visionary entrepreneur who touted Bixby’s clean-coal technology, only to be let down by those he’d paid to develop it…[Walker, 71,] is one of three people charged in the massive Bixby fraud case, and the only one to reject a plea bargain. The others have been sent to prison. One of them, Bixby’s former chief financial officer, Dennis Desender, is expected to testify against Walker…A former employee of the fabricator, in a sworn statement filed in the case, says the shop owner fed natural gas into a coal-gasification machine to…make it appear the unit worked…” click here for more

    0 Comments:

    Post a Comment

    << Home