What do Solyndra's failures mean for renewable energy writ large?
Over the last several weeks, the federally backed solar company has filed for bankruptcy, laid off 1,100 workers, and became the target of a FBI investigation. Solyndra's downward spiral has triggered a political firestorm in Washington over President Obama's jobs agenda, the federal government's ability to back energy projects, and whether the renewable energy industry is all that Obama promised it would be.
Should Solyndra's woes warrant a deeper look at the Energy Department's ability to finance renewable energy? How does global competition--namely from China -affect the ability of renewable energy companies like Solyndra to succeed? Should the government stop funding renewable energy altogether?