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China’s state-backed solar power industry looking an awful lot like our Solyndra debacle

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A common refrain during the Obama administration’s multi-billion push for subsidies and loan guarantees to the domestic solar power industry was that  the money was needed to prevent China from dominating the market. Nothing could dent this thinking. When federally-backed Solyndra went bankrupt costing taxpayers about $528 million, China was fingered as the culprit for having undersold...

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