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   DEBATE      Enjoy opinions shoved down your throat      4,105 messages   

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   Message 3,521 of 4,105   
   BOB KLAHN to ALL   
   In the news.   
   23 Nov 14 15:24:00   
   
    Item in the news. Seems the govt didn't screw up much at all in   
    their support of alternative energy.   
      
    NOTE: Bloomberg is a business magazine.   
      
    ----------------------------------------------------------------   
      
   Bloomberg   
      
   http://tinyurl.com/k7abat3   
      
    The U.S. government expects to earn $5 billion to $6 billion   
    from the renewable-energy loan program that funded flops   
    including Solyndra LLC, supporting President Barack Obama's   
    decision to back low-carbon technologies.   
      
    ...   
      
    A $5 billion return to taxpayers exceeds the returns from many   
    venture capital and private equity investments in clean energy,   
    said Michael Morosi, an analyst at Jetstream Capital LLC, which   
    invests in renewable energy.   
      
    "People make a big deal about Solyndra and everything, but   
    there's a lot of VC capital that got torched right alongside   
    the DOE capital," Morosi said. "A positive return over 20 years   
    in cleantech? That's not a bad outcome." ...   
      
      
      
   BOB KLAHN bob.klahn@sev.org   http://home.toltbbs.com/bobklahn   
      
   ... Nice guys finish last, but we get to sleep in.   
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