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Reply to "Did the Algae Car Go the Way of Solyndra?"
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[quote=Anonymous][quote=Anonymous] 1. it was never his place to do Solyndra risks. [/quote] Yes, actually it is. The government does a ton of investment in industry. The reason that we are ahead of the world in fracking is federal investment that dates back to the 70's. Since then the Federal government has invested in industries from high tech to oil and gas through every President, Republican or Democrat. You can argue that renewable energy is not a sector worth investing in. You can argue that Solyndra was not a good company to invest in. But if you want to say that Presidents should not do this, well your party's own backers would pitch a fit. BTW in case you didn't realize, the reason Solyndra failed is that China subsidized their solar panel development more than we did. They aim to win this market because they know the long term opportunity.[/quote]
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