Oil & Gas Had Help. Why Not Renewables?

Robert Semple, New York TimesThe bankruptcy of a single solar-panel company, Solyndra, has catapulted the question of federal energy policies into the news. It has also led many people to draw exactly the wrong conclusions about federal support for energy innovation and where the policies should be headed.Solyndra was clearly a bad bet for the government, which now stands to lose all or part of about $500 million in loan guarantees. But one case hardly discredits the whole idea of government support for energy innovation. The federal government has always been in the energy business, and with good reason. Private capital...

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