'Putncalls' pid='61568' datel Wrote:Why do the global warming believers keep citing IPCC? IPCC IS NOT A CREDIBLE SOURCE!!!!You could provide links to a billion pages but they are not credible sources!!!! These are the hockey stick code writers and the creators of the new it's probably the hottest hiatus year statistics. This is all political and the champions are known for Solyndra, Lerner, keeping your doctor, Benghazi, US U238 goes to Russia, the men did it, Bush did it, racism did it, trillions and trillions of debt, Keystone destroys the water, fracking is bad and Christians are eating gay people.
In several parts.
First up, Solyndra, you keep bringing this up.
1) Yes, it received big loan guarantees from the DOE
This, in and by itself shows its commercial prospects were rather unsure, otherwise it would have been able to assure private credit on acceptable terms. The DOE program exists exactly to fund this kind of companies, not all will be a success.
2) Yes, Solyndra failed
Does that invalidate the whole DOE program? No. In fact, that program as a whole turns a (rather small) profit.
But more importantly, if a single company in the market fails, do we declare the whole market system a failure?
Of course not.
3) Solyndra's failure
This had a lot to do with the steep fall of the price of polysilicon, a crucial ingredient in a rival (and market leading) technology. Even First Solar was knocked sideways by this for quite some time, as it enabled solar cell producers based on polysilicon (mainly the Chinese) to undercut prices.
Happens all the time, part of a giant trial-and-error.