Green bundler with the golden touch

By Ronnie Greene and Matthew Mosk

Investor Steve Westly straddles the worlds of venture capital, presidential fundraising and government advising

Excerpts from this story referencing "Energy Department":

"… n half a billion dollars in loans, grants or stimulus money from the Obama Energy Department, a review by the Center for Public Integrity and ABC News has found.Relati …"

"… s tells a larger story about how business and politicking intertwine at an Energy Department flush with $35 billion in stimulus money.“It looks like kind of the clas …"

"… iple interview requests about his dinner with Obama.Another beneficiary of Energy Department aid is Solyndra Inc., a California solar power firm whose financial backer …"

"… gies while gaining support from clean tech titans comes at a time when the Energy Department’s handling of government largesse is gaining scrutiny. The Government Ac …"

Skipping safeguards, officials rushed benefit to a politically-connected energy company

By Ronnie Greene and Matthew Mosk

Did White House hurry to spur jobs - or favor firm backed by fundraiser?

Excerpts from this story referencing "Energy Department":

"… California solar power startup, iWatch News and ABC News have learned.The Energy Department in March 2009 announced its intention to award Solyndra Inc.a $535 mi …"

"… Several political allies of the president have ties to companies receiving Energy Department loans, grants or loan guarantees. For instance, the venture firm of anothe …"

"… in March. Relatively few applicants succeed in winning such benefits. The Energy Department said every one of those awards was won on merit.The Solyndra loan guarante …"

"… the House Energy and Commerce Committee have requested documents from the Energy Department as part of an investigation into how the company qualified for government …"

Big polluters freed from environmental oversight by stimulus

By Kristen Lombardi and John Solomon

In the name of job creation and clean energy, the Obama administration has doled out billions of dollars in stimulus money to some of the na

Excerpts from this story referencing "Energy Department":

"… han $30 billion in stimulus-funded clean energy projects, allocated by the Energy Department, which they say have already created 35,000 jobs. They note that the depar …"

"… and increase the use of clean energy,” said Scott Blake Harris, the Energy Department’s general counsel, who has ultimate responsibility for its NEPA deci …"

"… r its ill-fated Deepwater Horizon rig based on outdated information. The Energy Department — which has granted stimulus money to oil firms, chemical companies, …"

"… e by paying a half billion dollars in penalties and remediation costs. The Energy Department granted the NEPA waiver to Westar’s project, funded by a $19 million …"

Advertisement

States slow to spend stimulus energy efficiency money, investigators find

By John Solomon

U.S. states have failed to spend the vast majority of 2009 stimulus money they received to encourage renewable energy and efficiency, the En

Excerpts from this story referencing "Energy Department":

"… ulus money they received to encourage renewable energy and efficiency, the Energy Department's chief watchdog says.In an audit released this week, the Energy Departmen …"

"… nergy Department's chief watchdog says.In an audit released this week, the Energy Department inspector general found that as of July, states had spent just 7.2 percent …"

After Moscow bombings, U.S. subways still vulnerable to terrorism

By John Solomon

A sarin gas attack on Japan's subway system in 1995. A foiled subway terror plot in New York City. Attacks on underground trains in London i

Excerpts from this story referencing "Energy Department":

"… explored the Aum Supreme Truth cult behind Tokyo’s 1995 sarin attack.The Energy Department’s Pacific Northwest National Laboratory — funded by the Homeland Secur …"

Taxpayer billions could fall short in creating new jobs, more efficient cars

By Ronnie Greene and Matthew Mosk

Amid questions about whether the Obama administration played favorites with energy loans to green companies, a new audit uncovers lack of ov

Excerpts from this story referencing "Energy Department":

"… a collaboration between the network and the Center for Public Integrity. …"

"… ress — creating even fewer jobs than envisioned.This latest criticism of Energy Department grants and loans follows earlier inquiries that have raised questions abou …"

"… companies in his venture firm portfolio secured half a billion dollars in Energy Department grants and loans. White House and energy officials say those awards were w …"

"… — expected to spur sales of vehicles made by companies such as Tesla.The Energy Department, which has supplied the ATVM loans since 2009, had three goals: To boost f …"

Advertisement

Stimulus recipient, polluter gives Dems $10 million credit line

By Kristen Lombardi

The White House is taking on dirty sources of energy like coal. But the presidential convention could be financed from an unlikely source —

Excerpts from this story referencing "Energy Department":

"… y required review under the National Environmental Policy Act, or NEPA.The Energy Department — which handed out NEPA exemptions to recipients with some of the nation …"

Obama-backed solar firm collapses after big federal loan guarantee

By Ronnie Greene and Matthew Mosk

Instead of creating jobs, heralded renewable energy firm puts people out of work. For how much will taxpayers be on the hook?

Excerpts from this story referencing "Energy Department":

"… the company’s collapse is sure to rekindle questions about how well the Energy Department vetted the deal before putting taxpayer dollars on the table – and about …"

"… News first reported on questions about the Solyndra loan in May, after the Energy Department disclosed it was being forced to restructure its loan package for the comp …"

"… s. That shortcut drew the attention of government auditors, who feared the Energy Department was putting taxpayer dollars at risk as it rushed to announce Obama’s ma …"

"… ushed to announce Obama’s maiden energy loan guarantee in March 2009.The Energy Department itself had boasted of its quick movement in handing Solyndra the highly so …"

White House had role in federal benefit for failed solar company, House investigators say

By Matthew Mosk and Ronnie Greene

House panel says evidence shows White House played role in decision to provide loan guarantee to politically connected solar firm

Excerpts from this story referencing "Energy Department":

"… te House officials monitored Solyndra's application and communicated with [Energy Department] and Office of Management and Budget officials during the course of their …"

"… by supporters of the president. Yet the administration, from Obama to his Energy Department, has very publicly praised the loan guarantee.In 2009, the Obama administr …"

"… ed it would file for bankruptcy and laid off more than 1,100 workers.While Energy Department officials steadfastly vouched for Solyndra -- even after an earlier round …"

"… is not a viable business plan."Other flags have been raised about how the Energy Department pushed the deal forward. The Center for Public Integrity's iWatch News and …"

Missed warning signs: A Solyndra timeline

By Ronnie Greene

From the start, Energy Department pressed ahead with financial boost to now-failed solar startup.

Excerpts from this story referencing "Energy Department":

"… dquarters in Fremont, Calif.Dec. 2006: Solyndra files an application for a Energy Department loan guarantee just before the New Year.2007: Production begins on the com …"

"… arch 2009: Energy Secretary Steven Chu announces Solyndra will receive the Energy Department's first energy loan guarantee—a $535 million financing to expand the com …"

"… ts subcommittee on Oversight and Investigations launch an investigation of Energy Department stimulus funding, with a focus on the Solyndra loan guarantee. Over the en …"

"… Solyndra was not given special treatment.Sept. 8, 2011:  The FBI and Energy Department’s inspector general conduct a surprise raid on Solyndra’s office, …"

Pages