’No More Solyndras’ Bill Seen Hurting Clean-Energy Innovation - Bloomberg
A House bill introduced by Republicans in response to Solyndra LLC’s collapse may keep the U.S. from backing the latest clean-energy projects under its remaining $34 billion in loan authority, the Energy Department said. The bill, a response to an 18-month investigation into Solyndra’s $535 million U.S. loan guarantee, would bar the Energy Department from issuing loan backing for future projects. That could keep the U.S. from supporting the most promising proposals, David Frantz, the acting director of the department’s loan-guarantee program, said today at a House energy committee hearing...
Thursday, July 12, 2012
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