Tuesday, October 11, 2011

Alternative Clean Energy Taking a Big Hit in the U.S.

And to think some forty years back we were moving into alternatives when no one else were, leading in the technology and installation till those brakes on advancing innovation were locked by the same forces trying to continue locking same brakes!

Opinion: In GOP's rush to judgment on Solyndra, solar energy takes a hit
10/10/11 - It seems congressional Republicans are more interested in making President Obama a one-term president than in creating or protecting American jobs.

The latest round of mudslinging by House Republicans in the direction of the White House concerns the Obama Administration’s flawed handling of subsidies to Solyndra, the California-based solar-panel manufacturer that went bankrupt last month. American taxpayers are on the hook for $535 million in loan guarantees to Solyndra.

As yet there is no evidence of any crime in the case. All the scandal mongering, however, is definitely tarnishing the public image of the American solar energy industry and the tens of thousands of people it employs.

snip

At a time when unemployment is stubbornly above 9% and Congress cannot pass a jobs bill that will get people back to work, the GOP is attacking an industry that employs more than 100,000 Americans. That number has doubled since 2009. And most green energy companies qualify as small businesses.

And with many industries still struggling to recover from the 2008 financial crisis, the U.S. solar energy industry grew 69 percent in 2010. Compare that to overall GDP growth, which was just 3 percent last year. read more>>>

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