Energy Department bureaucrat Jonathan Silver tendered his resignation on October 6, effective the following day. Silver led the Energy Department office that approved the ill-fated $528 million loan to solar energy firm Solyndra, despite concerns from some in the White House that it was a disaster waiting to happen.
Although the development occurred the same day as President Obama reiterated his support for similar loans for green energy, the New York Times buried staff writer Matthew Wald’s story on page A17 of the October 7 paper.
Wald closed his article by quoting President Obama’s defense of loans to green energy firms:
“The idea is pretty straightforward: If we are going to be able to compete in the 21st century, then we’ve got to dominate cutting-edge technologies, we’ve got to dominate cutting-edge manufacturing,” he said. “Clean energy is part of that package of technologies of the future that have to be based here in the United States if we’re going to be able to succeed.”