http://switchboard.nrdc.org/blogs/rhwang/with_fisker_hearing_house_majo.html
He says,
"Undoubtedly, it would be ideal if DOE loan staff had perfect 20/20 foresight. The DOE should learn from their mistakes and strive to do better. But, by definition, government clean energy loans are not zero risk; otherwise there would be no need for government loans.
Failures will happen. The real tragedy is that clean energy opponents are cherry-picking the relatively few failures and ignoring the broader successes of the program. And ultimately if the coal and oil industries win their war on clean energy, the losers will be the clean energy economy, our lungs, our climate and our energy security.
The War on Clean Energy is not being fought on a level playing field. The top five oil companies alone made almost $120 in profits in 2012 and still fight to protect their $8 billion in unnecessary federal tax subsidies."
Friday, April 26, 2013
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