Is that one of those Solyndra-style loans that are really gifts?
Yup. Another $10 billion down the rabbit hole. Regardless, where do these geniuses expect to get the electricity? Spin the windmills faster?
The DOE is not giving any loans at all. It guarantees loans. If the loan pays off the bank gets the interest. If the loan goes south the taxpayer makes the bank whole. And yes Solyndra was part of that program. The program was original conceived to encourage the financing of construction of nuclear power plants. Then every other kind of energy scam got added.
Guess how many nuclear power plants have been funded as a result of DOE loan guarantees. Maybe ChatGPT could answer that question.
State and corporation merge interests to support the party in power. Definition of fascism.