Thursday, December 1, 2011

Energy

http://www.time.com/time/health/article/0,8599,2080176,00.html

The article I chose was about solar energy and the financing for the projects.  There has been a 66% increase of solar power installations in the U.S and more are coming.  Obama Administration and other companies have given loans to people to put up photovolaic panels on commercial buildings, which will create 10,000 jobs.  However, the loans are falling short and the administrations will cut the people off.  This creates a big problem for the solar energy projects because if they lose money they will take a step backward.  Many companies want solar energy panels but the green groups will have to work faster to keep their loan.

1 comment:

  1. This is a big issue with government funded research: if a company does fail it is in double trouble since they are losing revenue plus grant funding from the government.

    ReplyDelete