Genesis is the latest in a long line of taxpayer-backed “clean energy” projects that’s teetering on the edge of the cavernous green money pit.
The $1-billion Genesis Solar Energy Project has been expedited by state and federal regulatory agencies that are eager to demonstrate that the nation can build solar plants quickly to ease dependence on fossil fuels and curb global warming.
Instead, the project is providing a cautionary example of how the rush to harness solar power in the desert can go wrong — possibly costing taxpayers hundreds of millions of dollars and dealing an embarrassing blow to the Obama administration’s solar initiative. ◼ More at LA Times
