Obama’s green energy programs are the gifts that keep on giving — at least if you are a critic. Just since my last post, one of the subsidized solar company’s that were listed as in decline, Abound Solar, has announced it is suspending operations and headed to bankruptcy.
Who could have guessed?!!!
Though they had federal loan guarantees of up to $400 million it seems taxpayers may only be on the hook for a measley $40 to $70 million. Unless and until the government gets out of the solar business we will all just be waiting for the sun.