Friday, May 4, 2012

US Solar Subsidies Consistent with Coal, Oil: Report

U.S. government support for solar energy is no different from its support for traditional energy sources, despite critics' complaints that the renewable energy source has gotten special incentives, a new solar-industry backed report found.

Researchers at the University of Tennessee's Baker Center for Public Policy published an assessment on Tuesday of the incentives and employment impacts of deploying solar energy in the U.S.

The solar industry has come under fire by critics after last September's bankruptcy of solar manufacturer Solyndra, who argued that the Obama administration has given the industry unfair financial incentives.

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