Another Blow to "Green Jobs" Initiative

Daily Caller - President Barack Obama’s “green jobs” initiatives suffered another major blow late Monday, as the nonprofit National Renewable Energy Lab in Golden, Colorado, announced a plan to lay off roughly 10 percent of its staff through a voluntary buy-out plan. According to the Denver Post, the lab plans to eliminate between 100 and 150 of its 1,350 jobs. The Obama administration supported the NREL in 2009 with roughly $200 million in stimulus grants.
Energy Secretary Stephen Chu visited Golden in May 2009 to promote the NREL as a beneficiary of those funds. At the time, the Associated Press reported that the stimulus grants included $68 million to build a demonstration model of an energy-efficient office building; $19.2 million for solar, geothermal and fuel cell equipment; $10 million for testing and evaluation of wind technology; and $45 million to research and test drive-train systems for wind turbines. Red full story here: News New Mexico

Another Blow to "Green Jobs" Initiative