You are here

Solyndra Redux: Another Green Company May Lose Taxpayers Millions

Citations

The Daily Signal references CEI's expert William Yeatman for more information about the threat of renewable energy companies when paid through government subsidies.

In June, SunEdison announced it was selling off its stake in its semiconductor business for $193 million.

“It’s been on multiple fronts where they’ve been favored by government subsidies,” said William Yeatman, senior fellow at the Competitive Enterprise Institute, an organization that calls for free-market solutions to energy and environmental issues.

“This is the inherent danger, the inherent uncertainty, of any industry which fundamentally the success of their industry is based on preferential treatment from politicians,” Yeatman said in a recent interview.