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Wednesday, October 5, 2011

postheadericon Rep. Stearns: US 'can't compete with China' on green energy programs

Rep. Cliff Stearns (R-Fla.), who chairs the Energy and Commerce subcommittee on Oversight and Investigations, said that the United States "can't compete with China to make solar panels and wind turbines" in an interview Tuesday, and that the government should no longer subsidize green-energy programs.

Stearns, who had initially supported a Department of Energy (DOE) program that provided low-interest loans to green-energy corporations, said that he was "hugely critical" of how the program had been handled, specifically the administration's approval of more than $500 million in loans to the now-bankrupt solar company Solyndra.

"I think the administration is putting taxpayers' money at risk in areas that are not creating jobs," Stearns said Monday in an interview with NPR.

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