To the Editor:
This is in response to a letter regarding loans to Solyndra Solar and Fisker Automotive. The overall reports on the Department of Energy loans are positive. You can look at the Brookings Institute investigation of the program (Brookings is a private nonprofit devoted to independent research). The program has provided about 60,000 jobs to the economy, clean energy to the grid, decreasing dependency on oil.
This loan program has allowed motivated American companies to implement innovative technologies that would have been hard to come by through conventional loans. Reports show that this program is working. Solyandra is the exception to the rule, just making it a talking point for people with political motives.
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