Trump Can’t Kill Solyndra Loan Program That Outperforms BanksBy
Energy Department loan program generated $1.65 billion to date
Program supports renewable energy, nuclear, fossil fuels
The federal energy program that’s best-known for a failed loan to solar manufacturer Solyndra LLC is generating billions for the government, and probably won’t be going anywhere under Donald Trump.
The incoming president can’t unilaterally kill the U.S. Energy Department’s loan programs office. Only Congress can do that, and it would require new legislation. And that’s doubtful, according to the program’s executive director and his two most recent predecessors, all appointees of President Barack Obama…
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