Business Quote by Jane Mayer
““Two months into their tenure, Republicans on the House Energy and Commerce Committee also led a crusade against alternative, renewable energy programs. They successfully branded the government’s stimulus support for Solyndra, a California manufacturer of solar panels, and other clean energy firms an Obama scandal. In fact, the loan guarantee program in the Energy Department that extended the controversial financing to the company began under the Bush administration. Contrary to the partisan hype, it actually returned a profit to taxpayers.””
About This Quote
Source Article: The New York Times, “The Solyndra Scandal” by Jane Mayer, 2011
Republicans attacked clean‑energy subsidies, framing them as wasteful, despite the program’s profitability.
In simple terms: They politicized a successful loan.
Separate policy from partisan narratives.
Themes
Mood
Type
When to use this quote
- budget reviews
- energy policy debates
- public accountability
Key Concepts
Questions to Reflect On
- What incentives truly drive innovation?
- How can oversight ensure fairness?
Critics may overlook broader benefits of clean energy.