17 Sep '11, 1am

Solyndra Solar is Bump in the Road

Solyndra Solar is Bump in the Road

That the federal government wastes money isn’t news. Expenditures from the Iraq War have been estimated at $3 trillion or more by the Washington Post . It bears repeating that the Iraq War wasn’t even necessary to begin with, and it has cost many lives. Politicians who are attacking the Solyndra federal loan as an indication that solar energy is not worth subsidizing, are wrong, and are simply trying to make partisan hay from a single mistake. Some of them seem to have very conveniently forgotten that Big Oil, Big Coal and Big Agriculture all receive federal subsidies amounting to a great deal of money, year after year. The oil industry receives about four billion dollars a year in tax breaks from the U.S. government. Robert Kennedy Jr. said in an interview that oil and coal each receive about one trillion dollars a year in subsidies both directly and indirectly. Also, cor...

Full article: http://www.care2.com/greenliving/solyndra-solar-is-a-bump...

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