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Wednesday, March 21, 2012

Obama to tout green energy ‘investments’ at solar facility employing 5 workers, relying on $54 million in taxpayer subsidies | Nevada Journal

Obama to tout green energy ‘investments’ at solar facility employing 5 workers, relying on $54 million in taxpayer subsidies | Nevada Journal: " President Obama will tout investments in “renewable” energy Wednesday at the local Copper Mountain Solar 1 plant, although the plant has only five full-time employees.

The plant, owned by San Diego-based energy company Sempra, was built in late 2010 at a cost of $141 million. Funding included $42 million in federal-government tax credits and $12 million in tax-rebate commitments from the state of Nevada.

Construction of the plant involved over 300 part-time jobs, but currently only five full-time employees operate the plant, a Sempra spokeswoman confirmed. That comes out to $10.8 million in tax-dollar subsidies per employee."

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