GOP Reps. Pass 'No More Solyndras' Bill To Nix Energy Loans

Law360, New York (September 14, 2012, 8:05 PM EDT) -- The Republican-dominated House on Friday approved the "No More Solyndras Act," a bill that would pull the plug on the U.S. Department of Energy's much-maligned programs that have provided more than $30 billion in loans to dozens of renewable energy projects, some of which have gone bankrupt.

In a heated, overtly political debate on the floor of the U.S. House of Representatives, Democratic lawmakers railed against the GOP-sponsored bill — which would put an end to the DOE's Title XVII loan guarantee programs — claiming it...
To view the full article, register now.