Here Comes the Sun

James T. Bennett ()
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James T. Bennett: George Mason University

Chapter Chapter 7 in Unsustainable, 2021, pp 159-192 from Springer

Abstract: Abstract The development, subsidization, and debate over solar energy are surveyed. Solar in recent years has taken a distinct backseat to wind, both in electricity generated and controversy sparked. Solar has also produced likely the single biggest black eye for subsidized alternative energy: the case of Solyndra, in which the poster child for the promise of solar energy became the source of its most scandalous episode. Innovation, effectiveness, and cost reductions will ultimately make renewables economically viable. But that day will not be hastened—indeed, it may be delayed—by government manipulation of the market. Private equity and venture capital have no irrational bias against solar. But crony capitalism and political favoritism will only pump up losers like Solyndra.

Date: 2021
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DOI: 10.1007/978-3-030-78904-6_7

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