[...]Mitt Romney memorably, if not exactly accurately, wrote off the Obama administration's attempts to foster green industries when he quipped, "You don't just pick the winners and losers -- you pick the losers." In fact, dozens of companies have received loan guarantees and grants from the Department of Energy as part the $90 billion in stimulus funding dedicated to green power. About $813 million actually went to the handful that went bust, according to Reuters. But that won't help the politics of it. Romney's point sounds true enough, even if it's a gross simplification.
| technorati tags: alternative energy, green blog, climate change, energy |
