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Solar: Fake Energy Provided by Fake President

The Original Alice Wrote: Apr 14, 2012 7:55 AM
Oh, and that's $11 billion raised over 10 years. These multi-millions thrown at the Solyndras of the world happen in minutes.

This is the year that the fake energy provided by our fake president finally collide and go boom.

So, get ready for a new round of green bankruptcies, as Europe trims back subsidies for solar companies and taxpayers lose their appetite for subsidizing green power.

“The mini-bubble resulting from the rush to cash in on solar subsidies in European and U.S. markets is ending, as feed-in tariffs drop in Europe while loan guarantee and tax credit programs tighten up in the U.S.,” says a new report from Bank of America Merrill Lynch according to CNBC.com.

Germany is dialing back...

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