Obama Administration Still Sold on Solar Power

By:  Bruce Walker
09/27/2011
       
Obama Administration Still Sold on Solar Power

Interior Secretary Ken Salazar said in an AP interview on September 21 that the Obama administration will continue to support solar power. He made the statement despite the growing scandal over $528 million in loan guarantees to the now-bankrupt California solar power company Solyndra and the practical failure of myriad “alternative energy sources” such as wind and solar power. "I think the future for solar energy is bright. It's not going to be a perfect path where every project proposed is going to be built toward completion." He added that the case of Solyndra demonstrated the challenges facing solar energy industries. Other politicians, such as Governor Brown, stand firmly behind the concept of such  government-sponsored enterprises.

Alternative energy, as it is commonly called, is energy that private investors have not pursued in the absence of government help. The search for such energy has been ongoing for the last 38 years, at least, when the OPEC nations embargoed oil around the time of the Yom Kippur War. Government support for alternative energy sources has existed since at least Jimmy Carter’s speech on a future of austerity while he was wearing a cardigan sweater in the White House.

Interior Secretary Ken Salazar said in an AP interview on September 21 that the Obama administration will continue to support solar power. He made the statement despite the growing scandal over $528 million in loan guarantees to the now-bankrupt California solar power company Solyndra and the practical failure of myriad “alternative energy sources” such as wind and solar power. "I think the future for solar energy is bright. It's not going to be a perfect path where every project proposed is going to be built toward completion." He added that the case of Solyndra demonstrated the challenges facing solar energy industries. Other politicians, such as Governor Brown, stand firmly behind the concept of such  government-sponsored enterprises.

Alternative energy, as it is commonly called, is energy that private investors have not pursued in the absence of government help. The search for such energy has been ongoing for the last 38 years, at least, when the OPEC nations embargoed oil around the time of the Yom Kippur War. Government support for alternative energy sources has existed since at least Jimmy Carter’s speech on a future of austerity while he was wearing a cardigan sweater in the White House.

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Photo: Interior Secretary Ken Salazar

 

 

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