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perhaps we should "liquidate" the politicians involved too !
MILPITAS (CBS 5) — Three months ago, CBS 5 caught Solyndra tossing millions of dollars worth of brand new glass tubes used to make solar panels. Now the bankrupt solar firm, once touted as a symbol of green technology, may be trying to abandon toxic waste.
It’s a tedious process. Slowly but surely, the shattered remains of brand new solar panel tubes head to a recycling plant in Hayward.
Meanwhile the next phase of the company’s liquidation is under way. It involves getting rid of all the heavy metals left inside the building that were used to make the panels.
Originally posted by Ghost375
First off, at least Obama and co. tried to create a renewable clean energy source. It's bad(for humanity, we need a good renewable source) that it failed, but at least they tried. Obama promised to invest in renewable energy sources. He actually kept his promise. It's hard to name politicians who keep campaign promises. There are issues where Obama deserves to be criticized. Solyndra is not one of those issues.
There's toxic materials involved in the manufacture of nearly everything you use. Solar energy is still a clean energy source despite this.
Look, it costs money to remove heavy metals. They're bankrupt, they can't really afford it. you can't really say they are doing it intentionally just to save a buck, unlike MANY other corporations.
Who's going to buy millions of dollars of glass tubes? The company that sold them probably doesn't take refunds.
edit on 1-5-2012 by Ghost375 because: (no reason given)
After receiving a generous federal loan guarantee and then filing for bankruptcy, the Fremont solar company still owes American taxpayers half a billion dollars.
“At Solyndra’s sprawling complex in Fremont, workers in white jumpsuits were unwrapping brand new glass tubes used in solar panels last week,” CBS San Francisco reports. “They are the latest, most cutting-edge solar technology, and they are being thrown into dumpsters.”
Solyndra paid at least $2 million for the specialized glass, according to the CBS report. In fact, the solar energy company still owes the German manufacturer of the tubes close to another $8 million.
Why would a company that owes a fortune to creditors indiscriminately destroy millions of dollars worth of assets?
“Solyndra is not commenting,” reports CBS San Francisco. “But court documents reveal the company received permission from the bankruptcy trustee to abandon the high grade glass, the court agreeing that it was of ‘inconsequential value’ because the cost of storing them exceeds their value.’”