Should we spend billions on clean energy? It worked during the last crisis [Los Angeles Times (CA)]
Tribune Publishing Co (TPCO)
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Source: Los Angeles Times
Sunlight sparkled off the gleaming sea of solar panels as dignitaries from government and private industry gathered to flip a giant ceremonial light switch. At 550 megawatts, this sprawling solar farm a few hours east of Los Angeles would be the world’s largest — and federal dollars made it possible. When it came online in 2015, Desert Sunlight was only the fifth large-scale solar energy facility in the United States. All five projects received federal loan guarantees, totaling $4.6 billion, prior to construction. Today they are a small part of a thriving U.S. solar industry that supports an estimated 250,000 jobs and has helped reduce planet-warming emissions. Much of that funding came from the American Recovery and Reinvestment Act, the more than $800-billion economic stimulus bill passed by Congress and signed by President Obama during the depths of the Great Recession. A decade later, as the country enters a pandemic-driven economic downturn that could rival or exceed the Great Re
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