The GOP has apparently succeeded in its goal of throwing the baby out with the bathwater. The push to do something -- anything -- to make government investments in clean energy look bad after the Solyndra bankruptcy is hindering the development of some major job-creating solar projects. The most recent victim is SolarCity, a solar-services provider that was set to develop the largest residential solar project in the world. The company was offered a conditional commitment on September 2nd for a $275 million loan guarantee to finance, install and maintain solar systems on 160,000 military rooftops around the country -- effectively doubling the number of residential systems online in the U.S. today. |