Rebane's Ruminations
January 2010
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George Rebane

It’s been about a year down the pike since the $787 billion American Redistribution and Re-election Act of 2009 was passed to claim the award as the greatest Congressional bum’s rush in history.  I wonder how this all strikes those holding their breath for the new green industries to be funded by such means.

NCARRA100116   

Russ Steele on NC Media Watch reports here on wiser heads from China locating their solar equipment manufacturing plants next door in Arizona so they can avoid California’s insane business environment, and still serve the equally insane mandated green energy markets in California.  And we’ve been thinking all along that they were going to locate here in Nevada County.  I wonder if the Chinese green companies are also going to get stimulated by Washington.  If I were they, I’d demand some of that ARRA money as a condition for buying and not selling our Treasuries.  (more here)

[update] Late this afternoon the county updated its ARRA numbers, and we more than tripled our receipts.  Note also the increases in our applied and approved amounts.  County CEO Rick Haffey’s Friday memo to the Supes contains a bizarre account of caulking contractor bids (yes, this is one of the stimulated green jobs) for which a RFP (request for proposal) was published.  Only one contractor,  Steve Hull Construction, applied.  This apparently because of the number of hoops the government set up for qualifying contractors to jump through.  This is your government in peace and war, stimulating jobs within an industry that is flat on its butt.  If you like this, you’re gonna love the way Obamacare is going to be administered.

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4 responses to “ARRA for China? (updated)”

  1. Dixon Cruickshank Avatar
    Dixon Cruickshank

    I saw that, why would they locate there, Califorian’s think everybody does things on a feel good basis – not so
    on a side note, these guys have been doing some great work on R K Pachauri, following the money, not sure if you had seen it – its a series, think you would enjoy it
    http://eureferendum.blogspot.com/

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  2. George Rebane Avatar
    George Rebane

    That’s a good blog Dixon, thanks. Never has the dictum ‘Follow the money!’ been more important to do than to see how it is paying for and buying off the climate change actors around the world. They would still be trying to peddle carbon credits even if the ice cap again reached down to Manhattan.

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  3. Russ Avatar
    Russ

    BAODING, China, Jan 13, 2010 /PRNewswire via COMTEX/ — Yingli Green Energy Holding Company Limited (NYSE: YGE) (“Yingli Green Energy” or the “Company”), one of the world’s leading vertically integrated photovoltaic (“PV”) product manufacturers, today announced it has received through its US subsidiary, Yingli Green Energy Americas, Inc. (“Yingli Americas”), a tax credit of US$4.5 million from the United States Treasury Department, as part of its Recovery Act Advanced Manufacturing Tax Credits

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  4. George Rebane Avatar
    George Rebane

    Well, as I’ve always said, ‘Clever people these Chinese.’ They may yet eat our lunch and then demand a dinner invitation.

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