'The collapse of Proterra marks another major “green” failure for Joe Biden, whom the media never hold accountable for past mistakes.'
Joel B. PollakAn electric vehicle company, once touted by Joe Biden, embraced by the Democratic Party, and celebrated by the media, filed for bankruptcy. Once heralded as a leader in the “green” transportation revolution, the company attracted interest and backing from the U.S. Department of Energy and high-profile investors. A short time later, however, the company failed, causing losses for the taxpayers and private investors alike.
Other observers noted the similarities to Solyndra, the failed solar panel maker that was once highlighted as part of President Barack Obama’s stimulus package, which Biden oversaw . Biden proudlyin 2009 that Solyndra was being given $535 million in Department of Energy loan guarantees. He talked about the “infrastructure and technology of the future,” and the thousands of jobs that would be created. By 2011, Solyndra had filed for bankruptcy.
The second reason for Biden’s green energy failures is that they are accompanied by an alarmist philosophy about climate change that serves as an excuse for investing in unproven technologies and businesses that might otherwise not pass muster. The idea of a climate “emergency” also means there is less vigilance when unscrupulous lobbyists and special interest groups try to claim a share of the green spending bonanza.
But the third and most important reason for Biden’s repeated green failures is simply that the media never hold him accountable.to New Mexico to celebrate yet another “green” effort — this time, a company that makes wind towers. The company could be fine; some “green” ventures are. But the sheer chutzpah of boosting one green company a day after the failure of another could only happen because the media tolerate Biden’s failures.
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