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Does the U.S. Spend Too Much on Green Energy?
Bryan Walsh, Time
The controversy over the failed solar company Solyndra — which received $535 million in federal aid before it went bankrupt earlier this year — has reignited the debate on how much, if at all, Washington should be subsidizing clean energy research and development. Critics of federal clean energy aid were given new ammunition this past weekend, as a pair of articles in the New York Times and the Washington Post made the case that much of the public's money was essentially being wasted.
The controversy over the failed solar company Solyndra — which received $535 million in federal aid before it went bankrupt earlier this year — has reignited the debate on how much, if at all, Washington should be subsidizing clean energy research and development. Critics of federal clean energy aid were given new ammunition this past weekend, as a pair of articles in the New York Times and the Washington Post made the case that much of the public's money was essentially being wasted.
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