I’m shocked! Ok, maybe not.
President Obama’s most recent green energy fixation—algae—may suffer from the accusations of cronyism that have plagued his broader effort to promote non-fossil fuel energy sources through massive federal subsidies.
Solazyme, a San Francisco-based firm that specializes in the plant matter, has received more than $25 million in federal grants and contracts as part of Obama administration’s controversial stimulus package, and is poised to receive millions more as part of the president’s recent efforts to promote green biofuels such as algae.
The firm employs a former member of the Obama-Biden transition team who, according to one online bio, “played a key role in developing the energy provisions in the economic stimulus bill.”
TJ Glauthier, who is listed as a “strategic adviser” and corporate board member, previously held a number of high-ranking posts in the Clinton Administration, including deputy secretary and chief operating officer of the U.S. Department of Energy. […]
In total, Solazyme officials have contributed at least $360,000 to Democrats since 2007. The majority of that money has come from just three individuals: board members Jerry Fiddler ($226,650) and Daniel Miller (more than $36,000), and executive vice president of technology Peter Licari (more than $100,000).