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    Money Loser + $100 Million Subsidy = Money Maker?

    When is a solar energy company a loan flipper instead of a solar energy company? How about when the value of its loan subsidies vastly exceeds the value of its solar project? A case in point is First Solar’s sale of its Antelope Valley Solar Ranch 1 (AVSR1) to Exelon. … More

    Markey’s Misguided View of Energy Exports

    Last week, Representative Ed Markey (D–CA) sent a letter to Secretary of Energy Stephen Chu questioning whether exporting natural gas would benefit American businesses and consumers. He wrote, “I am worried that exporting America’s natural gas would raise energy costs for American consumers, reduce the global competitiveness of U.S. businesses, … More

    In Pictures: Energy Department's Renewable Energy 'Investments'

    The Washington Post put together a handy infographic examining the distribution of $36 billion in Energy Department financing for renewable energy companies. Solar power generation companies were the largest beneficiaries of DOE’s “investments,” with twelve companies having received a third of the financing under the program.

    'Solyndra Was Just the Beginning': Experts Predict Solar Industry Collapse

    Industry analysts are predicting a massive bout of bankruptcies for hundreds of American solar firms as the market for solar panels, inflated by zealous government backing, begins to cool down. The fallout could be dramatic, CNN reported Wednesday. “Of the few hundred or so solar panel makers worldwide, just 20 … More

    Scribecast: Acting 'Green' Is Now More Important Than Helping Environment

    As environmentalism has become more trendy, the value of appearing green is now more important than helping the environment, argues Todd Myers in a new book called “Eco-Fads.” He spoke at Heritage this week and joined us for Scribecast.  Myers cited the Obama administration’s $535 million Solyndra scandal as a … More

    'Green Jobs' Proponents Continue to Tout Solyndra Program as Success

    ABC’s political blog The Note included a comment from yours truly in a recent piece on the Solyndra scandal. We appreciate the folks at ABC reaching out, of course, but I’d just like to provide some context for my remarks. Here’s what ABC’s Amy Bingham wrote: “What Solyndra really speaks … More

    Congressional Investigator: More Solar Bankruptcies to Come

    A top congressional investigator said on Tuesday that he believes more companies that benefitted from the stimulus bill’s renewable energy loan guarantee program will go bankrupt before all allotted funds are spent. The program, which guaranteed a $535 million loan to Solyndra before the company declared bankruptcy last week, still … More

    Energy Oversight Chairman to Discuss Solyndra Bankruptcy at Heritage

    The House of Representatives’ lead investigator into federal loans given to bankrupt solar company Solyndra will preview his hearing on the issue in a discussion at the Heritage Foundation on Tuesday at noon. Speaking at the weekly Bloggers Briefing, Rep. Cliff Stearns (R-FL), who chairs the Energy and Commerce Committee’s … 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

    Top 10 Reads: August 18, 2011

    Catching you up on clips, commentary and news of the day. Sign up for the daily email update from Scribe. The Movie Obama Won’t Want You to See – James Jay Carafano, FoxNews.com Why Tea Party should resist gutting defense – John R. Bolton, The Washington Times Big Brother Goes Green … More