Subsidized Solar Energy - Let's Not Buy Any More Magic Rocks
Tuesday, September 20, 2011 - 11:32
in Earth & Climate
People may complain about tax breaks for successful energy companies but the one thing worse is spending real money on lousy ones. Yet it has happened because advocacy is taking precedence over science.The recent Solyndra LLC collapse is not the first time this has happened, nor can it be blamed solely on the Obama administration simply due to his zeal for alternative energy - the Department of Energy began the loan guarantee program in 2006 when there was a Republican Congress and a Republican senate and in 2005 the wasteful ethanol subsidies and mandates were put into law.read more