Tapestry Reserve

Really, isn’t that all it is? Bankruptcy is seen as viable if needed to help businesses who need to avoid responsibility.

Now, the creditor responsibility is not my issue and reason for writing this. Creditors undertake a certain amount of risk and should be aware of what they are getting in to.

The responsilibility that we are allowing GM to shirk that bothers me has more to do with the environment and the individual.

I do not like the fact that they won’t have to stand behind their cars that have already had issues. I mean, they built them, they should pay for the people injured in them. If they get to hang on to their assets and their leaders, then they should also have a responsibility to their consumers. Not only that, but they made a ton of messes in the past as well. Just read on to see a bit of what I mean…

pd

GM’s Sleepy Hollow Nightmare Shows Perils for Closing Factories - Bloomberg.com

“One property the Detroit-based carmaker is ditching is a foundry in Massena, New York, bordered by the St. Regis Mohawk Indian Reservation and the St. Lawrence River. Built to make aluminum cylinder heads for the Chevrolet Corvair in the 1950s, it generated PCB sludge and waste from hydraulic fluids.

$225 Million Cleanup

It would have cost GM an estimated $225 million to clean up the site and restock the river with edible fish if it held on to the property, said John Privitera, a lawyer for the tribe at McNamee Lochner Titus & Williams PC in Albany, New York. Now GM creditors or the state will get stuck with the costs because bankruptcy law permits shedding such obligations.”

German solar company Schott on Monday cut the ribbon on a $100 million factory in Albuquerque, N.M., that will produce solar panels as well as receivers for solar trough power plants. Meanwhile, Chinese solar giant Suntech said Monday that it will build a solar cell manufacturing plant in the United States.

The move to North America comes as the European market softens as government subsidies ebb and solar panel prices fall. Despite the severe U.S. recession, Schott and Suntech are betting that the solar market will boom when the economy recovers and they’ll gain a competitive edge by manufacturing near customers.

“We think North America in general is the next big market for solar power,” Gerald Fine, CEO of Schott Solar’s North American operations, told Green Wombat. “Especially in the case of concentrated solar receivers you want to be close to your customers and provide great customer service and low shipping costs.”

And it doesn’t hurt to be generating green jobs as well. The 200,000-square-foot New Mexico factory employs 350 people. The plant was built too late to take advantage of the Obama stimulus package’s 30% tax credit for renewable energy manufacturing. But Fine said the tax credit will encourage Schott’s plans to eventually expand the facility to 800,000 square feet with a workforce of 1,500.

The receivers the factory makes are long glass-covered steel tubes that sit above parabolic troughs in large solar farms. The troughs concentrate sunlight on the receivers to heat a synthetic oil inside that is used to create steam that drives an electricity-generating turbine.

Fine declined to discuss specific customers for the receivers but there are numerous solar trough power plants being planned for the Southwest, including Abengoa Solar’s Solana project in Arizona and utility FPL’s (FPL) Beacon 250-megawatt solar in California.

“We feel pretty comfortable with our order books in both product lines for the foreseeable future,” said Fine. “If you look at the publicly announced plans and try to put a reasonable probability of them being completed, there’s in excess of two gigawatts of power plants out there.”

Schott will have the North American receiver market to itself but will face some stiff competition when it comes to making photovoltaic modules. Thin-film solar cell maker First Solar (FSLR) is headquartered in neighboring Arizona and claims the lowest cost of manufacturing. Last year, German solar cell maker SolarWorld opened a factory outside Portland, Ore., while Silicon Valley’s SunPower (SPWRA) makes some of the most efficient solar cells — albeit overseas.

And now China’s Suntech (STP) is moving into the U.S. manufacturing market. The company on Monday said it is looking at several states as potential sites for a factory and will make a decision on where to locate the facility within six months

“We believe in the outstanding long-term prospects of the solar energy market in the United States, and we will continue to invest in our ability to meet a substantial portion of that potential growth through in-market manufacturing,” Suntech CEO Zhengrong Shi said in a statement.

read more | digg story

I love this song for so many reasons. I loved Keith Green as a kid and miss his heart today. I just wanted to share the lyrics of one of my favorite songs of all time here. If you want to hear it on LastFM, click here: http://www.last.fm/music/Keith+Green/_/Asleep+In+The+Light

_______________________

Keith Green | Asleep in the Light | Lyrics

Do you see, do you see
All the people sinking down
Dont you care, dont you care
Are you gonna let them drown

How can you be do numb
Not to care if they come
You close your eyes
And pretend the jobs done

Oh bless me lore, bless me lord
You know its all I ever hear
No one aches, no one hurts
No one even sheds one tear

But he cries, he weeps, he bleeds
And he cares for you needs
And you just lay back
And keep soaking it in
Oh cant you see its such a sin

cause he brings people to you door
And you turn them away
As you smile and say
God bless you, be at peace
And all heaven just weeps
cause jesus came to you door
Youve left him out on the streets

Open up open up
And give yourself away
You see the need, you hear the cries
So how can you delay

Gods calling and youre the one
But like jonah you run
Hes told you to speak
But you keep holding it in
Of cant you see its such a sin

The world is sleeping in the dark
That the church just cant fight
cause its asleep in the light
How can you be so dead
When youve been so well fed
Jesus rose from the grave
And you, you cant even get out of bed

Oh, jesus rose from the dead
Come on get out of your bed

How can you be so numb
Not to care if they come
You close your eyes
And pretend the jobs done
You close your eyes
And pretend the jobs done

Dont close your eyes
Dont pretend the jobs done
Come away, come away, come away with me my love
Come away, come away, come away with me my love

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