• This is a political forum that is non-biased/non-partisan and treats every person's position on topics equally. This debate forum is not aligned to any political party. In today's politics, many ideas are split between and even within all the political parties. Often we find ourselves agreeing on one platform but some topics break our mold. We are here to discuss them in a civil political debate. If this is your first visit to our political forums, be sure to check out the RULES. Registering for debate politics is necessary before posting. Register today to participate - it's free!

President Obama and Bill Gates to announce historic investment in clean energy resear

Anomalism

Banned
DP Veteran
Joined
Dec 2, 2013
Messages
3,237
Reaction score
2,159
Location
Florida
Gender
Male
Political Leaning
Libertarian - Left
President Obama and Bill Gates to announce historic investment in clean energy research

President Obama will join with the leaders of 18 other countries as well as Microsoft cofounder Bill Gates on Monday at the United Nations Climate Summit in Paris to launch a historic expansion in clean energy research and development funding. This funding will come both in the form of public sector financing and private sector backing, and together they are likely to constitute the biggest investments in clean energy technologies in history.
 
Re: President Obama and Bill Gates to announce historic investment in clean energy re

Assuming this does not turn out like prior government "investments" in various solar companies that ended up going bust or sold out to China I am all for it.
 
Re: President Obama and Bill Gates to announce historic investment in clean energy re

Just what we need.

Another Solindra...
 
Re: President Obama and Bill Gates to announce historic investment in clean energy re

Bill Gates? You mean the guy that is well known for stealing certain key software necessary for his success? I guess using your own money for research is something Bill doesn't have much experience in.
 
Re: President Obama and Bill Gates to announce historic investment in clean energy re

Just what we need.

Another Solindra...

You are unable to name any of the companies that are doing fine.

And you probably tell yourself this is because there aren't any.
 
Re: President Obama and Bill Gates to announce historic investment in clean energy re

You are unable to name any of the companies that are doing fine.

And you probably tell yourself this is because there aren't any.

On the contrary.

Other companies didn't have the president in their pocket to steal tax dollars from.
 
Re: President Obama and Bill Gates to announce historic investment in clean energy re

Money into research to get us off the need to give vast amounts of money to idiot islamic tyrants great!!

I very much hope it works!

No relivance to the climate though. But hey,.....
 
Re: President Obama and Bill Gates to announce historic investment in clean energy re

On the contrary.

Other companies didn't have the president in their pocket to steal tax dollars from.

Oh I'm sorry. You actually thing solyndra was the only company invested in. My mistake. This is even funnier.
 
Re: President Obama and Bill Gates to announce historic investment in clean energy re

Oh I'm sorry. You actually thing solyndra was the only company invested in. My mistake. This is even funnier.

There you go again, gong to the far far left of anything said...

The others weren't so solidly endorsed by our pathetic president.
 
Re: President Obama and Bill Gates to announce historic investment in clean energy re

There you go again, gong to the far far left of anything said...

The others weren't so solidly endorsed by our pathetic president.

So you are blaming the president for your lack of knowledge of the program. Got it.
 
Re: President Obama and Bill Gates to announce historic investment in clean energy re

So you are blaming the president for your lack of knowledge of the program. Got it.

No, I'm blaming the president for his lack of reality.
 
Re: President Obama and Bill Gates to announce historic investment in clean energy re

No, I'm blaming the president for his lack of reality.

Says the guy not even aware programs level of success.
 
Re: President Obama and Bill Gates to announce historic investment in clean energy re

Says the guy not even aware programs level of success.

care to show us then?

Besides, I was pointing out that the showcase model failed. Shows how good they are at picking winners and losers... I said we don't need another failure. Without careful scrutiny of who such money goes to, the chances of success are very small.

If such a market is viable, it will blossom on it's own, naturally. Investors like gates would use their own money without asking it to be supplemented with tax dollars.

The very notion that it requires tax dollars should stink like crazy, to anyone with an ounce of sense.
 
Re: President Obama and Bill Gates to announce historic investment in clean energy re

care to show us then?

Besides, I was pointing out that the showcase model failed. Shows how good they are at picking winners and losers... I said we don't need another failure. Without careful scrutiny of who such money goes to, the chances of success are very small.

If such a market is viable, it will blossom on it's own, naturally. Investors like gates would use their own money without asking it to be supplemented with tax dollars.

The very notion that it requires tax dollars should stink like crazy, to anyone with an ounce of sense.

After Solyndra Loss, U.S. Energy Loan Program Turning A Profit : NPR

It doesn't "require" tax dollars any more than fossil fuels do. But those tax dollars help.

Seven things you should know about Solyndra - Jun. 6, 2012

The loan program turned out more successful than planned: ten billion had been set aside to handle defaults, and only ~$700 million or so went that way. All said and done, the program turned a profit for the government. (Albeit not a very large one, but profit wasn't really the point now was it?)
 
Re: President Obama and Bill Gates to announce historic investment in clean energy re

After Solyndra Loss, U.S. Energy Loan Program Turning A Profit : NPR

It doesn't "require" tax dollars any more than fossil fuels do. But those tax dollars help.

Seven things you should know about Solyndra - Jun. 6, 2012

The loan program turned out more successful than planned: ten billion had been set aside to handle defaults, and only ~$700 million or so went that way. All said and done, the program turned a profit for the government. (Albeit not a very large one, but profit wasn't really the point now was it?)

LOL...

A profit?


Companies have defaulted on $780 million of that — a loss rate of 2.28 percent. The agency also has collected $810 million in interest payments, putting the program $30 million in the black.

LOL...

Seriously? Do you buy the horse pucky?

What do you think the loss is if indexed by year? Really, at bond rates, that $30 million is actually a serious loss.

My God.

Charlatans must love doing business with you!
 
Re: President Obama and Bill Gates to announce historic investment in clean energy re

LOL...

A profit?


Companies have defaulted on $780 million of that — a loss rate of 2.28 percent. The agency also has collected $810 million in interest payments, putting the program $30 million in the black.

LOL...

Seriously? Do you buy the horse pucky?

What do you think the loss is if indexed by year? Really, at bond rates, that $30 million is actually a serious loss.

My God.

Charlatans must love doing business with you!

You're right, I'm sure interest payments stopped in June of 2012 immediately after that article was written.
 
Back
Top Bottom