Green money hole: Subsidized battery maker bleeds

Published December 6, 2011 5:00am ET



Before Solyndra went bankrupt, but after it received a half-billion dollars in federal aide, the solar maker announced it was cancelling its planned expansion, and would not be making the new hires the subsidy was supposed to bring.

Before Range Fuels’ wood-chips-to-ethanol plant was liquidated, but after it received nine-figure subsidies from federal and state corporate-welfare agencies, the plant shuttered its doors, supposedly temporarily.

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