WASHINGTON, DC – It was announced today that the House of Representatives will vote on the “No More Solyndras Act,” H.R. 6213, next Friday, September 14, 2012. The “No More Solyndras Act” is a product of the Energy and Commerce Committee’s extensive investigation into the Department of Energy’s $535 million loan guarantee to Solyndra, the California solar panel manufacturer that ultimately went bankrupt last September.
SOLYNDRA BANKRUPTCY – ONE YEAR LATER: TODAY Marks Anniversary of Solyndra Bankruptcy – Investors with Close Ties to President Obama Will Reportedly Reap Hundreds of Millions in Tax Breaks While Taxpayers Left Holding the Bag on More Than Half Billion LossSeptember 6, 2012 | Press Release
WASHINGTON, DC – Today marks one year since Solyndra, once the Obama administration’s highly touted stimulus “success story,” filed for Chapter 11 bankruptcy. The recipient of a $535 million DOE loan guarantee, Solyndra serves as a stark reminder of the Obama administration’s misguided priorities and failed stimulus economy.
THIS DATE IN HISTORY: 2009: Joe Biden Proudly Declares During Solyndra’s Groundbreaking: “These Jobs are Going to Be Permanent Jobs. These Are the Jobs of the Future.”September 4, 2012 | Press Release
WASHINGTON, DC – Exactly three years ago today, Vice President Joe Biden famously participated in Solyndra’s groundbreaking following the Obama administration’s rushed approval of the $535 million loan guarantee to the now-bankrupt solar company.
WASHINGTON, DC – House Energy and Commerce Committee Chairman Fred Upton (R-MI) today unveiled a new website to provide visitors with easy access to the most up-to-date information on the committee’s important work.
Movement Toward Drilling in Arctic Long Overdue; Nearly Six Years of Delays Underscore Need for ReformAugust 31, 2012 | Press Release
WASHINGTON, DC – After enduring nearly six years of opposition and an unnecessarily grueling permitting process, Shell is poised to begin energy exploration in Alaska’s Arctic waters as early as next week. The U.S. Department of the Interior has announced that preliminary work may commence on a single well in the Chukchi sea, but final permits to allow for drilling still have yet to be issued.
Energy independence is within our grasp, America Fox News By Rep. Fred Upton August 24, 2012 Over the past decade, American energy supply has undergone a remarkable transformation. We are experiencing no less than a resource revolution – an “American spring” for a nation seeking freedom from dependence on hostile countries for energy to power our economy.