GOP Says Energy Dept. Cut Corners to Lend Az. Solar Firm $1.6 Billion

House Republicans are preparing to grill Energy Secretary Steven Chu this week over $1.6 billion in loans to finance two massive solar energy projects planned for the desert Southwest, saying investigators have found evidence suggesting the administration cut corners in order to get the loans approved. "The Department of Energy manipulated analysis, ignored objections from career professionals, and strategically modified loan evaluations in order to force project funding out the door," House...Full Story
Commenting on this article is closed.