WASHINGTON, DC – House Energy and Commerce Committee Chairman Fred Upton (R-MI) today released a report on the committee’s activities from the 2nd quarter of the 2nd Session of the 112th Congress.
SAY WHAT??? Obama Energy Official Calls Loan Guarantee Program Responsible for Solyndra “Enormous Success”July 12, 2012 | Press Release
WASHINGTON, DC – During today’s hearing on the Upton-Stearns “No More Solyndras Act,” the Acting Executive Director of the DOE Loan Program Office, David G. Frantz, proclaimed the program responsible for Solyndra as an “enormous success.” The statement comes a week after Abound Solar became the latest loan recipient to announce bankruptcy. With the bankruptcies starting to pile up, and taxpayers on the hook for hundreds of millions of dollars, the Obama DOE’s definition of success is cause for concern.
WASHINGTON, DC – The House Energy and Commerce Subcommittees on Energy and Power and Oversight and Investigations today held a joint hearing to discuss a draft of the “No More Solyndras Act.” Energy and Commerce Committee Chairman Fred Upton (R-MI) and Oversight and Investigations Subcommittee Chairman Cliff Stearns (R-FL) co-authored the legislation to ensure taxpayers will never again be left on the hook for the administration’s risky bets.
WASHINGTON, DC – The Subcommittees on Energy and Power and Oversight and Investigations today discussed a draft of the “Smart Energy Act,” bipartisan legislation authored by Reps. Charlie Bass (R-NH) and Jim Matheson (D-UT) aimed at increasing energy efficiency in both the federal government and private sector. The federal government is the largest consumer of electricity and fuel in the United States.
WASHINGTON, DC – The Energy and Commerce Subcommittee on Oversight and Investigations today held a hearing on “RIN Fraud: EPA’s Efforts to Ensure Market Integrity in the Renewable Fuels Program.” Today’s hearing examined the Environmental Protection Agency’s management of fraud in the production and trade of Renewable Identification Numbers, or “RINs,” which serve as credits for the production and blending of renewable fuels and are used for compliance purposes under EPA’s Renewable Fuel Standard regulations.