President Obama’s “clean energy” agenda is rapidly becoming a political liability. Last week, the president delivered an upbeat speech in Holland, Mich., at the high-tech battery lab of stimulus money beneficiary, Johnson Controls Inc. (which has also received $1.3 billion in government contracts since 2002, according to usaspending.gov).
Then on Monday, a much-touted Obama stimulus baby, Evergreen Solar Inc. of Massachusetts, filed for bankruptcy, leaving $485.6 million in debt and a vanished stock value.
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