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U.S. Revives Aid Program for Clean Energy

2013-09-20 07:00:00| Climate Ark Climate Change & Global Warming Newsfeed

New York Times: The Obama administration has decided to revive a controversial loan guarantee program at the Energy Department, administration officials said on Thursday, even as the program remains under Congressional scrutiny after losing hundreds of millions in taxpayer money on investments in failed green energy start-ups like the solar module maker Solyndra. This time, though, the program would devote as much as $8 billion to helping industries like coal and oil make cleaner energy. Although the program, which...

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