greenlivingguy.com
Solyndra Solar Bankruptcy and Dropping Costs
Both alternative energy companies declared bankruptcy this year after receiving millions in federal job stimulus dollars. It’s just what the United States does not need right now, says nuclear scientist Michael T. Gamble, an alternative energy researcher and investment-banking analyst. The public backlash to ill-spent tax dollars could hurt a vital emerging industry – one that is very much key to future U.S. jobs. “Cheap energy would enable little Silicon Valley businesses to develop phenomenal things because they’re not hampered by the increased cost of doing business,” says Gamble, a former scientist at the Los Alamos National Lab in New Mexico and author of Zeroscape (www.zeroscape-thebook.com), a high-tech thriller. “Work with certain technologies, like high-energy lasers, requires large amounts of energy. A little photonics company could be a future Apple.”
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