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Taxpayers, ratepayers will fund California solar plants

Published: 
Thu, 09/20/2012 (All day)
Category: 
Energy

Driven by the Obama administration's vision of clean power and energy independence, the rush to build large-scale solar plants across the Southwest has created an investors' dream in the desert.

Taxpayers have poured tens of billions of dollars into solar projects — some of which will have all their construction and development costs financed by the government by the time they start producing power.