Solyndra scandal was just the tip of the iceberg, and that the Administration's various efforts to bolster renewable energy technologies were riddled with economic inefficiency and outright corruption
Today the House Committee on Oversight and Government Reform, chaired by Rep. Darrell Issa (R-Calif.), released the full report on its investigation of the Department of Energy's loan guarantee program. Readers of IER will not be surprised to learn that the report documents numerous abuses in the program, and concludes that the Solyndra debacle was not a lone "bad apple" spoiling an otherwise healthy program. In this post I'll outline some of the report's major findings.
