Over the last four years or so, the federal government, following the President’s and, eventually, Secretary Chu’s gut (and political) instincts, plowed more than $80 billion into “Green” or “Clean” energy companies and projects that have, to be gracious, fallen a bit short of their goals. Solyndra is the poster child of such government “investment” folly. But there are lots more examples. Fifteen of the 34 companies who were offered federal support under the Obama green energy investment program had already entered bankruptcy as of October. A number of others were teetering on the brink or, at the very least, executing large layoffs and slowing or suspending most or all operations.
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