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Published on October 4th, 2012 | by Zachary Shahan


Debunking Romney’s $90 Billion Lie

October 4th, 2012 by  

Editor’s note: Jeremy Bloom of sister site Red, Green, and Blue has written a great debunking of Mitt Romney’s $90 billion lie (reposted below). That’s reposted below. Of note, however, is that it’s not just us ‘green’ sites flabbergasted by Romney’s absurd lies regarding cleantech. Among many others, the Washington Post debunked some of these lies while live-blogging the debate last night, and it even used a CleanTechnica post to do so with one of them! The CleanTechnica link above concerns the fact that the clean energy loan failure rate is nothing close to 50%, more like 1.4% — covered in the second paragraph of the Washington Post.

Notably, it seems that even if most of the public doesn’t know this, they have a much better sense for how governmental clean energy policies help the country, as approximately 92% of the U.S. population supports solar energy (of course, that includes a majority of Democrats — 94%, Independents — 89%, AND Republicans — 75%), and a strong majority (about 2/3) support governmental policies focused on advancing cleantech.

Now, besides this great debunking below, please also take a stroll through our Solyndra archives to find a whole ton more debunkings of completely false cheap shots taken at the solar energy industry (which now employs over 100,000 Americans, by the way!).

For now, here’s Jeremy’s post on the $90 billion and Solyndra lies:

Romney’s $90 billion lie about green jobs and Solyndra (via Red Green & Blue)

Of all the lies in last night’s debate, I think the one that annoyed me the most was Mitt Romney’s massive, overbearing lie about green jobs. He claimed that Obama had put $90 billion in one year into loan guarantees for green energy companies like Solyndra, and that half of them had failed. Leaving…



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About the Author

Zach is tryin' to help society help itself (and other species). He spends most of his time here on CleanTechnica as its director and chief editor. He's also the president of Important Media and the director/founder of EV Obsession and Solar Love. Zach is recognized globally as an electric vehicle, solar energy, and energy storage expert. He has presented about cleantech at conferences in India, the UAE, Ukraine, Poland, Germany, the Netherlands, the USA, and Canada. Zach has long-term investments in TSLA, FSLR, SPWR, SEDG, & ABB — after years of covering solar and EVs, he simply has a lot of faith in these particular companies and feels like they are good cleantech companies to invest in. But he offers no professional investment advice and would rather not be responsible for you losing money, so don't jump to conclusions.

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