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« I'm easily convinced | Main | Meeting 54mpg CAFE Standards Not As Difficult As It Sounds »

Good problems to have

Bad for solar panel manufacturers, but good for the country:

The global solar manufacturing industry is unquestionably headed for a thinning of the ranks, with up to two-thirds of all companies being forced to merge or go out of business thanks to the plummeting price and corresponding oversupply of polysilicon, the raw material used to manufacture most solar panels.

This was actually the reason Solyndra went out of business. Solar panels got too cheap for them to compete. It's a good thing in the long run.

By fnord12 | November 17, 2011, 11:59 AM | Liberal Outrage & Science