Jul. 9 at 4:30 PM
$SPWR This what TJR thinks about solar subsidies:
'' “Thank God Almighty we are free at last…it is a great opportunity now offered to the solar industry and SunPower, in particular, to get the Federal government out…my direct experience is tariffs and government subsidies are bad and always harm the industry they intend to help.” Rodgers explained that subsidies lead to political strings attached, higher costs, inflexible rules, dependency and an inability to compete. “Washington’s exit from solar will be a great benefit to the solar industry, which should be lobbying for free markets not subsidies.” Rodgers criticized the tax credit for enabling poor management and bad loans: “In my opinion, after working on the SunPower 1.0 bankruptcy, their failure was, as always, one of management not controlling costs and demanding profitability; this bad behavior was enabled by the Federal government and its solar welfare program which provided subsidies to private companies to install solar.
