America is only four months into the second term of Barack Obama and already one of its most promising industries is suffering from a pair of grossly obtuse government agencies who have banded together to aid a foreign state-owned company at the expense of domestic firms.
Solar power has undergone a historic transition from expensive niche technology to a rapidly expanding cheap technology that is experiencing dramatic growth rates. A solar surge requires four tactical moves that, taken together, would constitute big change.
The Ex-Im Bank is reaffirming the notion that New Deal-era bureaucracies are the nearest thing to eternal life. Today, it has expanded far beyond its charter and uses funds backed by the American people to give money to foreign companies which compete with American businesses.
The U.S. Export-Import Bank, which helps finance the export of U.S. goods and services that support jobs here at home, is bumping up against its borrowing capacity, which will expire on May 31 unless renewed by Congress.
When a company comes to government, we should have conditions that encourage production to stick in our local economy. We should see a clear public good that raises the standard of living for workers and communities.
It's clear that the era of fossil fuels is coming to a close. The administration often seems to get this, but undercuts itself with blunders such as pushing Exim to reverse its decision and okay the dirty Sasan project.