Here’s some sources:
And some notes:
- If you want to get technical about it, the bank bailouts really cost $12.8 Trillion dollars. $700 Billion is just for TARP.
- China might spend $75B annually on renewables, but their total amount committed (to solar alone) is $1.5 Trillion.
- Fred Upton is the one championing the “No More Solyndra” act. The bill is ridiculous, and it was proposed knowing that it could not possibly pass. It is purely partisan posturing. I think that’s the saddest part: that solar is so strong in conservative values, yet, because the Obama administration has solar as part of its plaform, conservatives are sworn to be against it, regardless.
By Dave Llorens
Last modified: October 1, 2012