loan guarantee

Critical List: The return of the loan-guarantee program; Texas least prepared for climate change

The Energy Department is reviving its loan program. (AAAH! SOLYNDRA! AAAAAAAH!…say Republicans. We’re pretty sure this will all work out fine.) Environmental groups want final rules governing coal ash and are suing the EPA to get them. Texas: not very prepared for climate change. California: doing better than everyone else, at least. In China, drought […]

Stearns accidentally exposes GOP energy agenda

Rep. Cliff Stearns says successful companies should get government subsidies -- unless those successful companies are involved in clean energy.

One year in, GOP Solyndra investigation remains a gigantic nothingburger

One year after it started, the GOP investigation into Solyndra has found ... nothing. And independent analysts have found that the DOE loan guarantee program is on track and under budget. But Republicans aren't letting the facts stop their crusade.

Critical List: Trader Joe’s signs Fair Food agreement; newborn baby tapir

Trader Joe’s signed a Fair Food agreement with Coalition of Immokalee Workers that increased the price the company pays per pound of tomatoes. Energy Secretary Steven Chu defended the Energy Department’s loan guarantee program, after a independent review outlined possible improvements to the program’s oversight. The White House is pointing out that the review showed […]

DOE Loan Guarantee Program will cost $2 billion less than expected

Shocker: An independent analysis of the DOE Loan Guarantee Program found that loan guarantees for energy have been successful, cost-effective investments.

America must not back down on sustainable energy

Clockwise from top left: Sens. John Kerry, Sheldon Whitehouse, Barbara Boxer, and Bernie Sanders.If you read just the headlines these days, you might think renewable energy in America is going the way of Solyndra. Don’t take our word for it: A recent headline from Fox News declared “ENTIRE Solar Industry on Brink of Collapse.” We […]

Critical List: Solar will go on military housing; U.S. net petroleum imports

Who needs government loan guarantees? SolarCity is going to put solar panels on 120,000 military houses with financing from Bank of America-owned Merrill Lynch. (Er, down with the banks?) Environmental regulations have "benefits and costs." They do kill jobs, but they also create new ones. The Wall Street Journal reports that the U.S. is close […]

Rep. Cliff Stearns doesn’t understand how government subsidies work

Rep. Cliff Stearns (R-Fla.)Photo: Republican ConferenceCross-posted from Climate Progress. So far this week, four of the world’s top five oil companies have announced more than $24 billion in third quarter profits. And by the logic of Rep. Cliff Stearns (R-Fla.), that should mean those oil companies deserve more subsidies, not less. Speaking at a town […]

The Heritage Foundation is wrong in opposing all federal loans

Government loans create American jobs and help small businesses get off the ground.Cross-posted from Climate Progress. This year, hundreds of small businesses will expand operations with money borrowed from the government. Thousands of 18-year-olds will pay their freshman-year tuition with money borrowed from the government. Farmers will plant crops using money borrowed from the government. […]