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Investments and funding can come in a variety of packages, some better or worse than others. Even something as simple as the government providing or backing loa
by tedivm 5y ago
Investments and funding can come in a variety of packages, some better or worse than others. Even something as simple as the government providing or backing loans can go a long way. The Energy Department's loan program has helped speed up investment in solar and has turned a profit- making it easier for production to move to the US doesn't always mean "giving" money away.
I guess my point here is that the devil is in the details, and an organization as large as the US Government has a lot of different options for incentivizing or assisting in starting up new industries.
https://www.csmonitor.com/Business/In-Gear/2016/1017/Solyndra-who-The-Energy-Department-s-loan-program-is-now-profitable https://www.csmonitor.com/Business/In-Gear/2016/1017/Solyndr...