To the Point
Can US Solar Companies Compete with Cheaper Chinese Rivals?
Solyndra has filed for bankruptcy and laid off 1100 workers. It's being investigated by Republicans in Congress and the FBI. The Obama White House has taken heat for pushing $527million in federal subsidies for the California-based solar company as a provider of jobs in the "green economy."
By Warren Olney • • 1 min readSolyndra has filed for bankruptcy and laid off 1100 workers. It's being investigated by Republicans in Congress and the FBI. The Obama White House has taken heat for pushing $527million in federal subsidies for the California-based solar company as a provider of jobs in the "green economy." Now the Labor Department is looking into the impact on competition from China. Before Solyndra went bankrupt, President Obama called it "a testament to American ingenuity and dynamism." Chris Martin is clean-tech and renewable energy reporter from Bloomberg News.
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The full episode
3 of 3Social Security: 'Ponzi Scheme' or 'Monstrous Lie?'- 0:00Obama Lays Out Plan to Cut Deficit
- 7:47Social Security: 'Ponzi Scheme' or 'Monstrous Lie?'
- 44:28Can US Solar Companies Compete with Cheaper Chinese Rivals?You’re reading this