Thursday, September 1, 2011

Solyndra, a solar energy company that was started with half a billion dollars in federal government loans, has announced that it is shutting down. See This points out a critical difference between the energy policies of Teddy Roosevelt and Jimmy Carter. Roosevelt created the most competitive energy industry in the world by using the antitrust laws to restructure the energy markets. Carter tried to promote renewable energy by picking the best synfuels technology.

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