Subj : In the news.
To   : ALL
From : BOB KLAHN
Date : Sun Nov 23 2014 03:24 pm


 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

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