Terminate loan guarantees for speculative alternative technology ventures like Solyndra

  • Potential 10 Year Savings: $380 Million
  • Sponsor:
  • Legislation:
  • Status: Introduced

The Energy Policy Act of 2005 established a program at the Department of Energy to provide federal loan guarantees to private "clean energy"" companies developing commercial uses of innovative ""green"" technologies. The program was intended to be self-financing