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At last week’s Presidential debate in Colorado, President Barack Obama fended off a series of strong attacks leveled by Republican nominee Mitt Romney assailing the Government’s policy subsidizing green energy, explains Jay Katari, a Florida businessman and recycling entrepreneur. This issue came up several times during the debate when former Massachusetts Governor Mitt Romney cited subsidies to Solyndra, Fisker, Tesla and Ener1 as examples of the federal government picking winners and losers, which mostly ended up being losers as these companies failed to pay back loan guarantees and come through on their ambitious promises, says Jay Katari.
