green jobs

Green Fiascoes and Boondoggles

A barrage of news headlines on the Solyndra scandal continue to remind us that President Obama made green jobs one of his administration’s priorities. Those headlines also reveal this initiative to have been a costly mistake. The bankruptcy of Solyndra, the solar-panel manufacturer that has collapsed despite receiving half a billion dollars from the federal … Read more

It’s Not Easy Subsidizing Green

  The bankruptcy of “green jobs” darling Solyndra is still in the news because it could cost U.S. taxpayers $535 million due to a federal “stimulus” program loan guarantee. The Silicon Valley solar-panel maker’s failure comes on the heels of another “green” corporate-welfare beneficiary going under, Evergreen Solar. These deals were big losers for Americans. Both businesses … Read more

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