Investors Defend Green Gravy Train
Government’s loan guarantees for green projects are turning out to be more and more crooked
By Institute for Energy Research —— Bio and Archives--September 27, 2011
Global Warming-Energy-Environment | Comments | Back To Full Article
In light of the Solyndra scandal, many people are naturally calling for an end to government subsidies and mandates propping up particular technologies in the energy sector. This understandably terrifies those who have already invested large sums in the green bandwagon, and now they are telling taxpayers and consumers, “Nothing to see here, keep moving along.” Yet as IER has pointed out in its posts on Abengoa and Iberdrola, the corruption in government support of green (or “clean”) technologies isn’t limited to the one bad apple of Solyndra.
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