three times as much as energy from natural gas
LAS VEGAS — The company behind the recently opened Silver State North solar plant is eligible to receive up to $50 million in federal tax credits under the Obama administration’s “stimulus” legislation, even though the plant created only two full-time jobs.
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As of March 2012, over 34,000 renewable-energy projects across the country have received $11.2 billion in taxpayer funds through the ARRA-funded program. In Nevada, 108 projects have received $147.1 million.
The Department of Energy estimates 5,500 full-time jobs were created by the program, meaning each job cost taxpayers approximately $2,036,363.
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