Big Solar’s Subsidy Bubble
Companies cash in on tax credits and ‘net-metering’ schemes.
The Department of Energy’s Inspector General revealed last week that the legendary solar-panel manufacturer Solyndra—a poster baby of the Obama stimulus—lied to the feds to get a $535 million loan guarantee before going bust in 2011. Solyndra is a cautionary tale, but the Obama Administration is still throwing caution to the sun.
The IG report, which follows a four-year investigation by the IG and FBI, describes how Solyndra engaged...
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