MORE GREEN ENERGY FAILURES: Obama’s regime pretended to invest in green energy, just like Biden now, and the companies magically went bankrupt
06/21/2022 // S.D. Wells // Views

What most people don't know, who believe in global warming and the Democrat's plan to turn America 100 percent "green" over the next decade or so, is that it's not really a plan at all, but a Ponzi scheme to embezzle trillions of dollars and collapse the Republic. This is not conspiracy theory, or hypothesis, because all we need to do is take a look at the whole "Green Energy" scheme that played out this way under Obama's watch.

Dial back the clock one decade to October, 2012. From solar power and hydroelectric power companies, to geothermal organizations, to electric car manufacturers, the Obama administration invested billions of taxpayer dollars in these businesses, and most of them went bankrupt faster than they could even build a warehouse to start "saving the planet." More taxpayer funded green energy companies that pop up and disappear – isn't that called embezzlement?

First Obama, now Biden: "Green Energy" is a huge Ponzi scheme that makes the Democrats filthy rich while crashing the entire US economy

Crashing the US economy, printing trillions of dollars and fueling unnecessary wars is not the way to build or rebuild America. Take a good look at the complete list of faltering and bankrupt green-energy companies under Obama's watch. The *symbol denotes companies that have filed for bankruptcy:

Evergreen Solar ($25 million)*

SpectraWatt ($500,000)*

Solyndra ($535 million)*

Beacon Power ($43 million)*

Nevada Geothermal ($98.5 million)

SunPower ($1.2 billion)

First Solar ($1.46 billion)


Babcock and Brown ($178 million)

EnerDel’s subsidiary Ener1 ($118.5 million)*

Amonix ($5.9 million)

Fisker Automotive ($529 million)

Abound Solar ($400 million)*

A123 Systems ($279 million)*

Willard and Kelsey Solar Group ($700,981)*

Johnson Controls ($299 million)

Brightsource ($1.6 billion)

ECOtality ($126.2 million)

Raser Technologies ($33 million)*

Energy Conversion Devices ($13.3 million)*

Mountain Plaza, Inc. ($2 million)*

Olsen’s Crop Service and Olsen’s Mills Acquisition Company ($10 million)*

Range Fuels ($80 million)*

Thompson River Power ($6.5 million)*

Stirling Energy Systems ($7 million)*

Azure Dynamics ($5.4 million)*

GreenVolts ($500,000)

Vestas ($50 million)

LG Chem’s subsidiary Compact Power ($151 million)

Nordic Windpower ($16 million)*

Navistar ($39 million)

Satcon ($3 million)*

Konarka Technologies Inc. ($20 million)*

Mascoma Corp. ($100 million)

And now, the Biden "Green Energy" Ponzi scheme begins to dismantle

Now Biden, led by Obama none-the-less, is running another "Green Energy" scam, a Ponzi scheme, an embezzlement agenda, and we're already seeing companies go bankrupt, as their hundreds of millions of dollars mysteriously disappear, before they're even functional. Just take a look at Electric "Last Mile Solutions" (ELMS) for electric cars, for a current example. They're going bankrupt just ONE YEAR after start up. Yes, "last mile" is an appropriate name because they're not going anywhere at all.

Democrat-run "Green Energy" companies are nothing more than a Ponzi scheme using taxpayer funds. Embezzlers create receipts and bills for activities that never even occur, then they embezzle those funds and use them for personal expenses, endeavors and even other investments. Ponzi schemes are perfect examples of embezzlements, where the people in charge destroy employee records, pocket company cash and 'lose' millions and even billions of dollars every year to theft (that's usually planned in advance).

Obama's Department of Energy was responsible for doling out hundreds of millions of dollars in federal money to these Ponzi scheme so-called green companies. Even global warming is a Ponzi scheme, as we see by long term graphs that Earth is not heating up, but rather in a slow cooling phase. Meanwhile China and India are polluting the world ten times more than the USA and nobody is saying or doing anything about that.

Tune your internet frequency to for updates on more Ponzi schemes initiated and carried out by the Biden-Obama Regime.

Sources for this article include:

Take Action:
Support Natural News by linking to this article from your website.
Permalink to this article:
Embed article link:
Reprinting this article:
Non-commercial use is permitted with credit to (including a clickable link).
Please contact us for more information.
Free Email Alerts
Get independent news alerts on natural cures, food lab tests, cannabis medicine, science, robotics, drones, privacy and more.
App Store
Android App
eTrust Pro Certified

This site is part of the Natural News Network © 2022 All Rights Reserved. Privacy | Terms All content posted on this site is commentary or opinion and is protected under Free Speech. Truth Publishing International, LTD. is not responsible for content written by contributing authors. The information on this site is provided for educational and entertainment purposes only. It is not intended as a substitute for professional advice of any kind. Truth Publishing assumes no responsibility for the use or misuse of this material. Your use of this website indicates your agreement to these terms and those published here. All trademarks, registered trademarks and servicemarks mentioned on this site are the property of their respective owners.

This site uses cookies
Natural News uses cookies to improve your experience on our site. By using this site, you agree to our privacy policy.
Learn More
Get 100% real, uncensored news delivered straight to your inbox
You can unsubscribe at any time. Your email privacy is completely protected.