A two-fer.
First -- how's that green car company working out for Delaware? From FOX News:
Delaware taxpayers increasingly on the hook as Fisker auto plant idlesSecond -- Al Gore sells out to big oil -- from Bloomberg:
Delaware taxpayers appear to be getting soaked twice under a deal in which the Democratic governor loaned $21.5 million to a hybrid electric carmaker to set up shop in the state. The company has yet to produce a car in Delaware, and taxpayers are footing the electric bill for the idle plant.
The deal was enthusiastically announced in 2009 by Gov. Jack Markell and Vice President Biden -- formerly Delaware's senior senator -- as a way to bring as many as 2,500 green jobs to the state. But California-based Fisker Automotive Inc. has since suffered a series of setbacks that have compounded its shaky financial situation.
Al Gore�s Payday From Oil-Rich Qatar �Reeking With Irony�These things write themselves...
Al Gore, who shared the 2007 Nobel Peace Prize for his fight against global warming, may gross about $70 million from the sale of his Current TV network to Al Jazeera, the cable channel funded in part by oil-rich Qatar.
Al Jazeera will pay about $500 million for Current TV, including the stake held by Gore, 64, according to two people with knowledge of the deal. The network is one of dozens of investments made by the former vice president since he lost the 2000 presidential race by a slim margin.
�It�s reeking with irony,� said Jeff Sonnenfeld, senior associate dean at the Yale School of Management, who studies corporate governance. �It seems to be at least a paradox in terms of his positions on sustainability and geopolitics.�
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