The Wall Street Journal's False Solar Statistic
Media Matters excerpt
An editorial in today's Wall Street Journal urges Congressional Republicans to defund the Department of Energy's loan guarantee program, and claims: "Bloomberg reports that half the solar companies that have received loan guarantees have gone bankrupt." But Bloomberg was referring specifically to solar manufacturers, which account for only a quarter of the solar projects supported by the 1705 program and less than 4 percent of the total program funding.
The Journal used the false solar statistic to argue that government investment in clean energy was a bad bet