Secretary of Energy Steven Chu may or may not be getting closer to
approaching a plan to begin the process of preparing to lay the
groundwork for issuing a preliminary statement on the Solyndra
that the House Energy and Commerce Committee’s investigative panel is
asking nicely for a comment from Chu:
Michael Burgess (R-Texas) and other Republicans on the subcommittee
have called on Chu to testify on the Solyndra loan guarantee.
on the panel wrote to Chu last week to request all communications
between the Energy Department and the White House on the Solyndra
document request is part of a broader effort by Republicans to
determine if the White House rushed consideration of the loan
committee, which launched its investigation into Solyndra in
February, has already received more than 35,000 documents and has
released select emails that Republicans say show that the White
House tried to rush a decision on the company’s financing so that
the loan guarantee could be announced at the Sept. 2009
groundbreaking of the company’s factory.
administration has insisted that it thoroughly reviewed the project,
and has strongly denied any wrongdoing.
a striking example of overpromising and underdelivering,Politicotakes
a story that contains no new comments from Chu and some speculation
about what the energy secretary might say here he inclined to say
anything, then gives it the impressive title “On Solyndra, the buck
stops with Secretary Steven Chu.” A sample:
will eventually get his chance to explain his role in the sequence
of events when he appears — perhaps as early as October — at a House
hearing on Solyndra. He can expect a politically charged atmosphere.
Republicans, after all, have already called for Silver to be fired
and haven't ruled out making the same case for Chu's dismissal.
the lawmakers will likely hear from the Nobel Prize-winning
physicist is an explanation that he’s always been the key decider in
the Solyndra process, with a record articulated in dozens of public
statements and interviews given over the last 2½ years.
message has been clear: Hearing calls from top GOP and Democratic
lawmakers, including during his Senate confirmation hearing, he
wanted to break through red tape inside DOE and at rival Cabinet
agencies that had resisted getting loan guarantees out the door for
several years after their authorization by the Energy Policy Act of
love that “eventually get his chance to explain.” Because Cthulhu
knows it’s impossible for a cabinet-level department head to get any
airtime to make a statement, what with the fragmentation of media and
timed $737 million loanto the Solar Energy
Project is also smelling worse by the day. It can’t be a good sign
when one of the most prominent beneficiaries of the loan is former
House speaker Nancy Pelosi (D-California)’s brother-in-law, and that
isn’t even the scandalous part.NRO’s
Andrew Stiles expands:
that’s not all. [Santa Monica-based SEP developer] Solar Reserve is
also investment partners with Argonaut Private Equity, an arm of the
(George) Kaiser Family Foundation that was a major investor in
Solyndra and was involved in negotiations with the DOE to
restructure the failed company’s loan agreement. That agreement
would ultimately give Argonaut and other private investors priority
status over the American taxpayer with respect to the first $75
million recovered in the event of Solyndra’s collapse. As
Republicans argued at a recent House committee hearing, this
arrangement was almost certainly a violation of federal statute.
managing director, Steven Mitchell, served on Solyndra’s board when
the restructuring took place, and reportedly still serves on the
company’s board. He is also listed as a “board participant” at Solar
other words: We have top men working on it right now.
a new poll indicates few Americans are paying attention to the
Solyndra scandal, and most still support so-called clean energy
650 Ohio voters surveyed after Solyndra’s bankruptcy, just 11% said
they had heard “a great deal” about the issue, the pollsters said.
They also found that while 16% said they had heard “a little,” those
people couldn’t talk about the issue in any detail.
voters who participated in focus groups were more aware of the
story, but still supported clean energy and considered Solyndra to
be a bad apple rather than an indication of a systemic problem.
Nearly two-thirds of voters in the Ohio poll expressed similar
sentiment, saying their view was more aligned with a statement that
problems with one failed company should not stop clean energy
investments as a whole.
surprising than the continued support for solar power is the apparent
support for spending taxpayer dollars on it, which thereport[pdf]
from Public Opinion Strategies has at 62 percent, versus 31 percent
opposed. However, I’m a little skeptical of the strongly leading
hope the remaining 7 percent answered, as I would have, “Both of these
options are stupid.” I don’t want my taxes subsidizing private
companies of any kind, and I’m aware that the amount of energy
conventional solar power generates is modest. But how the hell should
I know whether solar businesses can compete or succeed without
only way to find out whether these companies can work in the
marketplace is to let them compete without government assistance. In
the wake of Solyndra a few companies have in factcome
forwardto brag about their subsidy-free
business models, and I wish them well. If anything, the stunning
longevity of the Mars rovers has impressed upon me the viability of
solar power, on Mars.
videohas been in wide circulation for a few
weeks, but seems to be getting a lot of attention today. Joe Biden,
you’ve done it again!