Numerous companies went bankrupt despite free or easy money either because their technologies were too complicated, too expensive, or markets were insufficient to support their products
Recapping the Obama Administration Green Energy Stimulus Failures
Now that we are entering a second term for the Obama Administration where spending cuts do not seem to be high on its priority list, it seems fitting to evaluate how we fared from the stimulus spending during the first 4 years. The record is not good, but it is clear; if the government is involved in funding an operation, it increases the likelihood that the investment decisions will be based upon political and not economic or energy reasons.