What 'Failed' Green Tech Companies, Mitt?

Will Oremus looks at Mitt Romney's claim that half of President Obama's green tech loans and grants have failed.

Published: 08-Oct-2012

In one of the sharper lines of Wednesday night’s presidential debate, Mitt Romney jabbed President Obama over his green-jobs investments, saying, “You don’t just pick the winners and losers, you pick the losers.”

Burn! But what losers was Romney referring to, specifically? Here’s the full quote:

“But don’t forget, you put $90 billion, like 50 years’ worth of breaks, into — into solar and wind, to Solyndra and Fisker and Tesla and Ener1. I mean, I had a friend who said you don’t just pick the winners and losers, you pick the losers, all right? So this — this is not — this is not the kind of policy you want to have if you want to get America energy secure.”

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