19 Sep '11, 6pm

Solyndra was collateral damage in a trade war with China

Solyndra was collateral damage in a trade war with China

Connect the dots and you see China. Step back from the details of the Solyndra bankruptcy and connect the dots. The big picture is an ongoing solar trade war between the United States and China. Every war has winners, losers, casualties, and traitors. So far, the winners are Chinese manufacturers, American consumers, and the future of the planet. The big loser may be the American solar manufacturing industry; Solyndra was simply the highest-profile example. Wondering who's giving aid and comfort to the enemy? Beginning in early 2009, the Obama administration's use of stimulus money under the Department of Energy's loan guarantee program went not just to help out a handful of businesses, but to jump-start a market. Funds doled out under the stimulus have gone, or are going to, a portfolio of renewables . The complete list of 32 "section 1705" (stimulus-funded) loan guarante...

Full article: http://www.grist.org/solar-power/2011-09-19-solyndra-coll...

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