Freedom, opportunity, prosperity and a civil society have made America exceptional. But without energy — secure and affordable energy — many of our great accomplishments would not have been possible.
The Obama administration's eagerness to deliver economic stimulus may have influenced a federal review of a loan to a now-bankrupt solar panel manufacturer, a move that may have left taxpayers on the hook for a $528 million debt, House Republicans said Wednesday.
Obama administration officials refused to say Wednesday whether anybody would be fired over the decision to award solar-panel manufacturer Solyndra LLC a half-billion dollars in loans before it went bankrupt and saw its headquarters raided by the FBI.
A Friday vote has left the fate of the Yucca Mountain nuclear waste repository hang ing in the balance. The Nuclear Regulatory Commission (NRC) is deadlocked 2-2 over whether the Energy Department could withdraw the license application for Yucca Mountain.
Vanquished Republican presidential candidate Tim Pawlenty endorsed Mitt Romney on Monday, calling the former Massachusetts governor the candidate who "possesses the unique qualifications to confront our severe economic predicament."
FBI agents on Thursday executed search warrants at the California headquarters of Solyndra LLC, which was awarded more than $500 million in federal stimulus loans in 2009 to make solar panels in what the Obama administration called part of an aggressive effort to put more Americans to work and end U.S. dependence on foreign oil.
The Obama administration is providing a loan guarantee for a massive solar-energy project that could double the number of glimmering solar panels on residential rooftops in the U.S.
When Energy Secretary Stephen Chu announced a half-billion dollars in federal stimulus loans to solar panel maker Solyndra, he called the move part of an aggressive effort to put more Americans to work and end U.S. dependence on foreign oil.
Last week, the Obama administration's Department of Energy announced it is extending an $852 million loan guarantee to something called the Genesis Solar Project in California.
