FARE Act of 2011

[AI summary unavailable — showing source text] Federal Accounting of Renewable Energy Act of 2011 or FARE Act of 2011 - Requires the head of each federal agency to submit to Congress an accounting for all FY2009-FY2011 financial support (including grants, loans, loan guarantees, and direct payments) made by the agency to promote the production or use of renewable energy. Directs the agencies to include in such accounting: (1) a list of the projects that directly led to the production or use of renewable energy; (2) the quantity of renewable energy or products on the market as a direct result of such support and the gross sales of the recipient company during a recent fiscal year; and (3) the total quantity of financial support, the number of jobs created, and the average cost to the recipient company of each full-time job created. Requires, for each project, a full accounting of: (1) the employment, sales, and revenue targets submitted by each recipient company before receiving support and a list of the companies that substantially failed to meet targets; (2) a list of all recipient companies that received support but are no longer in operation or have moved any portion of their operations to a location outside the United State…