Solar Energy: Solyndra II ?

The Taxpayers Protection Alliance (TPA) is launching an aggressive national campaign to educate Americans regarding the truth about the solar industry, and the impact of government solar subsidies on taxpayers and consumers.  In its recent report titled, A House of Cards:  Solar Energy’s Subsidy-Based Business Model, TPA concludes that Big Solar’s heavy reliance on government handouts threatens taxpayers with another Solyndra.  If you look past the media hype, what you see is an untested business model heavily dependent on government handouts and financing schemes of baffling complexity, which have, thus far, produced more red ink than reliable energy.

David Williams, TPA President: Big Solar cannot simply reoccupy Solyndra’s office space and declare victory without first making fundamental changes…The American people and their elected representatives should have no faith that other Solyndras are not also poised to collapse like a house of cards.  Why should taxpayers have confidence in Big Solar when the same subsidy-based business model that created Solyndra continues to dominate an unprofitable industry?

Tags:  Solar, green, EPA, environmentalist, Solyndra, taxpayer, David Williams, energy, Taxpayer Protectin Alliance, TPA, energy