Tuesday, February 12, 2013

Hey Obama, Ask China How That Green Energy Thingy Is Working

(Weekly Standard) Today, the solar industry worldwide is suffering from oversupply, weak demand, and depressed prices, and many of China’s solar manufacturers are fighting huge financial losses, debt, and bankruptcy.

Not surprisingly, the Obama administration, which was eager to follow China down the path of spending big on clean energy, has had little to say about the lessons to be learned from the current disarray of China’s heavily subsidized solar industry.

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Posted By: Chris Carmouche