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Energy Department chief hails green loans a 'terrific success'

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Energy Secretary Ernest Moniz dismissed the "controversy" surrounding the loan program that gave taxpayer funding to a now-bankrupt solar energy company, calling the program "a terrific success" despite the high-profile bankruptcies. "The loan guarantee program has had some controversy. Let me say flatly: It's been a terrific success, and a $35 billion loan portfolio has had two percent of...

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