Erin Kelly
Jun. 29, 2011

WASHINGTON — The solar power industry is facing a double threat from a Congress that might turn off the flow of federal subsidies and take a pass on mandating renewable energy standards that would increase demand.

The Republican-led House, focused on cutting spending, has targeted federal grant and loan guarantee programs to reduce or eliminate.

…. solar advocates say it’s unfair to talk about solar standing on its own when the federal government has been subsidizing the oil, gas, coal and nuclear industries for decades. Those subsidies include tax incentives to drill for oil, federally financed dams to generate hydroelectric power, and research funding for nuclear power and clean-coal technologies.  (Read More)