You mean Solyndra? That drop in the bucket? Look at where the USA has led innovation in the past, and the rosy picture painted by extreme libertarians starts to look weak.<quoted text>
All of Obama's "Green" energy projects failed miserably. What else you got?
Integrated circuits, the internet, aviation technology, and many others relied on early research and support funded by the government to get moving. Previous govt support of pure R&D, without even a commercial product in mind, underpinned a great deal of commercial innovation.
Then you have to remember the huge subsidies and tax breaks traditional fuels are currently receiving, plus the bloated military often required to support them. What was the difference between Rwanda and Iraq? Hmmmm.
The cost of solar technology is falling steadily through a combination of govt and private R&D. Great. Energy independence is good for the USA strategically and clean energy is good for everyone. Go clean, locally available energy!