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Location : Ether-Sphere Job/hobbies : Irrationality Exterminator Humor : Über Serious
| Subject: Solar Company Failure Shows That Less Federal Aid Can Work Better Wed Sep 07, 2011 11:39 pm | |
| The worst and best of U.S. government policy on solar energy has been on display lately. In a cringe-worthy failure, California solar-panel maker Solyndra filed for bankruptcy this week, just two years after winning $535 million of federal loan guarantees.
Solyndra’s rapid rise and fall should have played out entirely in the private sector. Silicon Valley is thick with venture capitalists willing to finance risky, iconoclastic startups.
http://www.bloomberg.com/news/2011-09-08/solar-company-failure-shows-that-less-federal-aid-can-work-better-view.html |
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