User Clip: Rep. Weber introduces an Amendment to the Energy & Water Approps.

I proposed an amendment to the Energy and Water appropriations (H.R. 4923) that would prevent funding from being used toward the Cape Wind Energy Project on the Outer Continental Shelf of Massachusetts, Nantucket Sound. The Department of Energy recently approved a $150 million conditional loan guarantee for the Cape Wind project, located off the coast of Massachusetts. It will be funded and built primarily by foreign businesses and would fail to create significant local employment opportunities. This loan guarantee is a wasteful gesture by DOE to support a project that falls in the same category as Solyndra, the solar energy giant that received over $500 million dollars in taxpayer money before its spectacular crash and burn three years ago. close