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    Congress Should Scrap the Energy Loan and Loan Guarantee Programs

    Senator Harry Reid (D–NV) and his Senate colleagues rejected the idea of cutting $1.5 billion unspent from a $7.5 billion advanced vehicle manufacturing technology loan program and another $100 million from the Department of Energy’s (DOE) loan guarantee program—the same program that funded bankrupt Solyndra. The political squabbling did not … More

    Congressmen Ask White House for Documents on Solyndra's Federal Loan

    One day after solar company Solyndra closed its doors, two U.S. congressman are asking the White House for all documents related to the federal government’s $535 million loan guarantee. The probe also seeks correspondence between administration officials and the company’s investors, seeking to uncover if the White House engaged in … More

    Solar Power on the Taxpayers' Dime

    Someone should really tell the Department of Energy (DOE) about the federal government’s spending crisis. On Monday, it granted a $2.1 billion loan guarantee to a German developer to help finance a 1,000 megawatt solar thermal power plant in Southern California. But wait, there’s more. Add to that a $1.6 … More