Watch the Saga of Solargate Unfold Live in Today's Congressional Hearing. Does Solyndra's Bankruptcy Mean It's Time To Stop Funding Clean Energy?
Press the small play button in the lower left hand corner to view or listen as you work and surf the net
Press the small play button in the lower left hand corner to view or listen as you work and surf the net
Streaming video by Ustream
Everyone is up in arms over solar company Solyndra's bankruptcy and today Congressional hearings begin in Washington to try to sort out exactly what happened.
"With taxpayers potentially on the hook for this half-billion dollar bust, it's time to sound the alarm about the remaining $10 billion in loan guarantees set to expire Sept. 30," Energy and Commerce Committee Chairman Fred Upton, R-Mich., and Oversight and Investigations Subcommittee Chairman Cliff Stearns, R-Fla., said in a joint statement Tuesday. "Let's learn the lessons of Solyndra before another dollar goes out the door."
Does this really mean it is time to stop funding clean energy or is it simply an opportunity to learn from our mistakes and move forward? As a taxpayer, I am not ready to give up on subsidizing clean energy, are you?
P.S.- I am really glad that you stopped by our Environmental Booty Blog and I hope you have learned or shared a thing or two. I hope that , now that you've found us, you won't lose us! You can "Like" us on our new Facebook fanpage, join our green living online community, subscribe to our posts, download our community toolbar or Tweet with me on Twitter to stay in touch! - Shane*
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