Another taxpayer backed clean energy business filed for bankruptcy Thursday. Ener1 has filed for Chapter 11 after receiving 118 million stimulus dollars from the United States taxpayers. So why are all these clean energy companies failing? I’ll tell you why. It is because they are supposed to fail.
It works like this. New technologies for clean energy are patented in the United States. The international corporate elite want to capitalize on the technologies. But they do not want to enrich the people of the United States, who financed the development of the technology, in doing so.
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