Energy Loans a Safer Bet Than Congress Anticipated, Review Shows
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Potential losses from U.S. energy loan programs are likely to be less than projected by the White House and Congress, according to an independent analysis that Democrats said validated support for clean-energy innovation.
The Obama administration ordered the review in response to pressure from Republicans, who criticized the loans as an effort to pick “winners and losers” after the collapse of Solyndra LLC, which won a $535 million loan guarantee.