What three things do Evergreen Energy, Ener1 and Amonix, Inc. have in common? All are green companies. All received Stimulus money. All are now belly up.
Once again, green companies are going out of business. Amonix, Inc. will be laying off 200 employees only seven months after opening a factory in Nevada, a state that has an unemployment rate of almost 13%.
In his State of the Union address, President Obama reiterated his commitment to renewable energy. With more and more green companies closing their doors, it will be a very difficult to continue a program that has backed one failure after another.
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