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Wall St. firm behind slow solar pace on federal lands?

MSNBC -- ROACH DRY LAKE, Nev. — Not a light bulb's worth of solar electricity has been produced on the millions of acres of public desert set aside for it. Not one project to build glimmering solar farms has even broken ground.

Instead, five years after federal land managers opened up stretches of the Southwest to developers, vast tracts still sit idle.

An Associated Press examination of U.S. Bureau of Land Management records and interviews with agency officials shows that the BLM operated a first-come, first-served leasing system that quickly overwhelmed its small staff and enabled companies, regardless of solar industry experience, to squat on land without any real plans to develop it.

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Submitted Sep 01, 2010 By: GoBlazers

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rocky23hy Champion Author Massachusetts Posts:2,469 Points:1,660,890 Joined:Sep 2003	Message Posted: Sep 2, 2010 6:36:25 AM Ignore rocky23hy Report Abuse I'd like to have these speculators and money grabbers play a little different game for a change. It's called "Jail Time". Most speculators qualify because of the fraud and swindling they are so good at.
NekoSJG Champion Author San Jose Posts:3,230 Points:570,055 Joined:Jun 2010	Message Posted: Sep 2, 2010 2:58:27 AM Ignore NekoSJG Report Abuse Wall street always looking for a quick buck. BLM should raise their rent for wasting our time and pay something to US treasury for a change instead of the handouts for too big to fail.
NHLiveFree Champion Author New Hampshire Posts:7,205 Points:1,170,885 Joined:Jun 2008	Message Posted: Sep 1, 2010 9:02:50 PM Ignore NHLiveFree Report Abuse Doesn't this sound just like their mismanagement of oil right's leases on federal land???
POLELANE Champion Author Ohio Posts:7,148 Points:828,370 Joined:Mar 2008	Message Posted: Sep 1, 2010 8:11:27 PM Ignore POLELANE Report Abuse that land has sat idle for eons; the solar energy continues to cascade down on it; and what we've missed; we've missed; so let's take it slow and easy and do it right the first time.