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Tuesday, May 15, 2012

Nevada Solar Facility, Owned by Canadian Firm, Used $50 Million in Stimulus Money to Create… 2 Jobs

Let me get this straight. Obama and his ilk in Washington believe that taking money from taxpayers and spending it in the form of $50,000,000 for two “green” jobs is going to get our economy back on track? Worse, the money flowed into a Canadian Firm?

"The company behind the recently opened Silver State North solar plant is eligible to receive up to $50 million in federal tax credits under the Obama administration’s “stimulus” legislation, even though the plant created only two full-time jobs.

According to a Department of Interior memo, Enbridge Energy Partners, a Canadian-based company with extensive energy holdings in the U.S. that purchased the Southern Nevada plant from Arizona-based First Solar, “can apply for payments of up to 30 percent of the eligible costs of the project — approximately $50 million.”

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