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    Let’s Work Toward Energy Subsidy Independence

      Why are taxpayers propping up struggling energy firm SolarCity? The company’s dependence on subsidies is a great illustration of why policymakers should remove subsidies for all energy sources. Company executives outlined how dependent the company is on the taxpayer in the company’s IPO document: “Our business currently depends on … More

    Feds Investigate Stimulus-Backed Solar Companies With Political Ties

    Three solar companies are under investigation for potentially inflating costs in order to draw down more money from a stimulus-funded loan program. All three boast investors with significant ties to the Obama White House. The Treasury Department has subpoenaed Solar City, SunRun, and Sungevity, The Washington Post reports, seeking to … More

    Taxpayer-Backed Green Energy Firms Subpoenaed by Federal Watchdog

    The Treasury Department’s top watchdog has opened an investigation into a popular grant program that helped finance a host of green energy projects, according to a recent SEC filing by one of the companies under investigation. SolarCity Corp. revealed in its initial public offer (IPO) filing that it has been subpoenaed by … More