Fisker Automotive

Leave to the Obama administration hucksters to sell yet another green energy loser as a gain for the taxpayers.

Tesla’s once-Teflon Elon Musk has another lithium ion battery fire to explain. Two Model S fires in less than a month have knocked Musk down to earth, while Tesla’s stock has been brought back into this planet’s atmosphere. Despite the Volt findings and the Tesla causes, all is not right in the electric transportation sector and taxpayers ought not to be forced into financing the speculation.

Fisker’s case illustrates why government bureaucrats are only accidental successes as investors of public money at best, but often are horrific decision makers at worst.

As if taxpayers didn’t already have to stomach enough corruption, incompetence and dysfunction in the government’s promotion of “green” energy, two past exemplars failure have returned to discharge blame at…

President Obama’s alternative energy “stimulus,” administered through his Department of Energy by previous Secretary Steven Chu, had already become a joke because of the failures and foibles of so many…

Fisker is fizzling, and the words of Gore, DiCaprio, and Kleiner Perkins still hang in the air.

For weeks now the buzz about Fisker Automotive, the latest Department of Energy-funded clunker, is that two China-based automotive companies – Zhejiang Geely Holding Group (which owns Volvo) and Dongfeng…