The Department of Energy just announced multiple loan guarantees for solar power development in California. The first for $1.187 billion for SunPower Corporation for the development of the biggest photovoltaic utility scale venture in the nation. The second is a $1.6 billion loan guarantee for BrightSource Energy to build the solar power plants in California, which when built will provide enough power for 85,000 homes per year.
With the endless false concerns for the deficit, this is the kind of spending the government can be doing to help boost the American economy while reducing our need for polluting, and dangerous sources of energy. I look forward to the day when our politics come to their senses on energy, and can lose their minds over some other more trivial argument.