[jazusamo]

The GOP had better follow through on this threat and shut these subsidies down.

[RayChuang88]

Given the fact several "green" companies financed through the American Recovery and Reinvestment Act of 2009 have already gone bankrupt, the failure of Solyndra may be the last straw for the Republicans in the House--don't be surprised the Democrats "pull the plug" on many "green" company subsidies to protect themselves!

[hinckley buzzard]

>

The gubmint Truth Department has been working overtime, but the crap they're producing just won't fly. A "multi-trillion dollar industry" that can't make a dollar on its own. Right.

[org.whodat]

First, the damn government has no constitutional authority to tax people and give it away to the crony friends of half-ass politicians. But I have no hope, that the current republican leadership sees anything wrong, since they have done the same thing many times.

[Presbyterian Reporter]

The argument that the USA needs to compete with China in producing solar panels is suspect.

If China can produce solar panels for 1/2 our cost, then solar electricity might become competitive in the USA relative to fossil/nuclear/hydro.

No the reason Obama wants solar manufacturing is to reward his supporters like he did in Solyndra.

I have big doubts that solar will ever be competitive, but if China produces the panels for 1/10 our cost and that makes solar power competitive, who cares?

[Presbyterian Reporter]

“”Shiao said the demand for solar is growing in the United States, noting that the number of solar installations doubled from 2009 to 2010 and is expected to further increase in 2011.

“The demand side is very bright,” Shiao said.”””

---

The only reason the demand is bright is from the huge government expenditures to buy or subsidize solar energy.

Without Obama socialism solar energy would be nothing.

[Army Air Corps]

Ping.

[USFRIENDINVICTORIA]

No government should be subsidizing full-scale implementation of an unproven (or proven, for that matter) technology.

There is some justification for governments to sponsor basic R&D — including research that might lead to valuable patents.

Otherwise, government should stick to its knitting:
* using diplomatic muscle to ensure that competing nations respect patents;
* regulatory reform, to remove barriers;
* providing basic infrastructure;
* providing training and education for the future solar workforce (even that shouldn't be exclusively a government undertaking).

[Balding_Eagle]

Political fury over a failed $535 million loan guarantee to an Obama administration-backed solar company is threatening to poison the well for future green investments.

If true, could be some of the best $500 million the government has ever thrown away.

[familyop]

“Make your meter spin backwards!” LOL!

[yldstrk]

This solar garbage is purely experimental anyway. There is no good battery to save the energy produced. Until there is, this is just alchemy

[steveab]

What do you think this so called “Jobs Bill” is all about. It’s the ground work for so called “Infrastructure Bank” (another freddie) which has little to do with rebuilding roads, highways and bridges and a lot to do with windmills solar, green jobs and backdoor CO2 cap and tax.

[JIM O]

Is anyone aware of a location that you can see a list of the. Companies that are being considered for these loans?

[Cobra64]

“We have a choice - we can either compete in a global marketplace or we can buy these things oil from other countries.”