I read an article (can't find it) that said Solyndra was counting on cap-and-trade revenue to succeed with its business model.
Under cap-and-trade, Solyndra would basically draw a subsidy from other companies who would buy their carbon credits.
Do you like the idea of a "green" company taking money from an oil company just because they're green?
Of course, oil companies are getting smart now by creating their own green energy subdivisions. So if cap and trade ever passes, they will pay the carbon credits to themselves.
Under cap-and-trade, Solyndra would basically draw a subsidy from other companies who would buy their carbon credits.
Do you like the idea of a "green" company taking money from an oil company just because they're green?
Of course, oil companies are getting smart now by creating their own green energy subdivisions. So if cap and trade ever passes, they will pay the carbon credits to themselves.