SHOCKER: GREEN ENERGY COMPANY AWARDED MILLIONS OF DOLLARS, CREATES ONLY 3 JOBS

When the New Hampshire-based “green energy” company Mascoma Corp. was awarded its first multimillion-dollar grant by the state of Michigan in 2008, it promised to create at least 70 jobs by the end of 2012. Since then, the company has received an addition $100 million from federal government and has only created three jobs.

“This is a bad energy project,” Pat Egan, who lives near the plant in Kinross, Mich., told Michigan Capitol Confidential. “There haven’t been any jobs yet … the politicians are driving them towards a short-sighted approach.” And you know what else? It appears Michigan isn’t the only state to have been seriously disappointed by the “green energy” company.

“In November 2008, Mascoma was awarded a $910,000 grant from the Next Generation Energy Board of Minnesota,” Michigan Capitol Confidential reports.

Then-Gov. Tim Pawlenty announced the grant and said: “The development of Minnesota’s first commercial scale cellulosic ethanol plant is closer to reality because of this joint venture.”

Yeah, that didn’t work out so well for the people of Minnesota. Mascoma’s Minnesota plant was shuttered in 2011 and the state has recovered only 5 percent of the grant money ($48,000).

“It may be too late to get the money back, but we ought to use this as a learning lesson and never step into it again,” said John Frey, a member of the Next Generation Energy Board.

Can’t they learn these lessons on their own dime? Click here to read the full report: http://www.michigancapitolconfidential.com/17123