7/25/23

Here’s what’s wrong with government subsidies to create jobs: New York state built Tesla a $1 billion factory that was supposed to turn out enough solar-panel shingles to cover 1,000 roofs a week. Years later they now average a whopping 21 installations a week. Remember Solyndra, Obama’s $500 million investment in solar panels? Solyndra went bust in less than a year. The problem with government subsidies, especially when tied to ESG? They don’t work and you and I pay for them. Forever.