Full Title: Beyond Solyndra: Examining the Department of Energy's Loan Guarantee Program
Author(s): Hilary Kao
Publisher(s): William and Mary Environmental Law and Policy Review
Publication Date: January 1, 2013
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Description (excerpt):
This Article looks beyond the Solyndra controversy to examine the origin, structure and purpose of the DOE LGP. It asserts that loan guarantees can serve as viable policy tools, but require careful crafting to have the potential to be effective programs. It concludes that the DOE LGP did not have consistent or achievable legislative directives nor did it have a reasonable timetable to implement its Loan Guarantee Program. Overall, projects supported by the DOE LGP are likely to remain a relatively low risk portfolio (notwithstanding Solyndra and several outliers).