Joule Unlimited, a green energy company, hired Democratic tool John Podesta to be on its board of directors and is now DOOMED after Clinton failed to win the 2016 election.
Guess they were counting on that win! There’s also an interesting tie to the DNC and Russia in this story as well.
Rusnano USA Inc., a Kremlin-owned venture capital firm, oversaw the Russian government’s investment in the now-doomed company. Rusnano has also been called “Putin’s child” by quite a few.
Dmitry Akhanov, the president and CEO of Rusnano USA Inc., sat on Joule Unlimited’s board (along with two other Russians who have ties to the Kremlin) and agreed that Clinton’s loss is what has doomed the company.
“We lined up investors who were willing to buy the bonds, but after the elections, with some statements from the new administration regarding potential uncertainty, the future support of biofuels was stopped,” he told The Daily Caller News Foundation in an interview. “The company was not able to do the deal and it was one of the reasons why the company was closed.”
Akhanov confirmed to TheDCNF his company invested and lost 1 billion rubles, worth $35 million when Joule closed its doors.
The two other board members with ties to Moscow were Ruben Vardanyan, who Putin appointed to a Russian economic modernization council, and Anatoly Chubais, a close personal friend of former President Bill Clinton and economic advisor to former Russian President Boris Yeltsin. Chubais allegedly made millions in the sell-off and “privatization” of Russia’s state-owned industries.
Hillary’s loss of the 2016 presidential election meant Podesta would not serve in the White House and thus was not in a position to advance the company’s prospects.
The Obama administration became a big “hedge fund” trying to finance and promote renewable energy technologies at any cost, Thomas Pyle, president of the libertarian Institute for Energy Research, told TheDCNF.
“The whole entire eight years under Obama, the Department of Energy was basically a hedge fund — and a bad one — for renewable energy for wind, solar and biofuels,” he said.
Critics of former President Barack Obama’s renewable energy agenda believe it’s likely a President Hillary Clinton would have doubled down on Obama’s renewable energy initiatives.
“If Hillary Clinton had won, then we would have four to eight more years of the Obama trajectory, which means everything that calls itself ‘progressive energy policy’ would have just ramped up,” Marlo Lewis Jr., a senior fellow at the free-market Competitive Enterprise Institute, told TheDCNF.
“So the market would have been even more tilted in favor of so-called ‘green energy companies. And President Trump has basically changed the direction,” he said.