Green isn't so green:
Watching The Wheels Come Off The Green Machine - Forbes: The body count continues to rise as the Green Jobs Revolution sputters its way to the end of a disastrous 2011. Few seemed to notice last week when the electric vehicle maker A123 Systems—poster child for successful clean tech investing—“temporarily” laid off 125 workers at its flagship manufacturing plants in Michigan on the eve of the Thanksgiving media break. It also reduced its earnings guidance for 2011 by $45 million, because its anchor customer, Fisker Automotive, “unexpectedly” delayed the production ramp-up for its Karma luxury electric car—again.
Could these be the same plants that Democratic congressional leaders hailed as the birth of a new era in American manufacturing? The same plants that received a $249 million U.S. Department of Energy grant from the same stimulus money bucket that funded Solyndra? The same plants for which Michigan shelled out $125 million in incentives to lure away from Massachusetts?