The House voted yesterday to end the controversial energy department program that guaranteed loans to high risk companies in the renewable energy field. AP: The "No More Solyndras Act," which passed on a mainly party-line vote, has no chance of advancing in the Democratic-led Senate and was assailed by House Democrats as an election-year stunt. The vote was 245-161. The bill would curtail an Energy Department loan guarantee program that was the source of the more than $500 million investment in Solyndra. It was part of the $787 billion stimulus package enacted shortly after Obama took office in 2009. The Fremont, Calif.-based company was the first renewable energy company to receive a federal loan guarantee under the stimulus, and its financial woes in the face of Chinese competition made it a target for Republican scrutiny. The company filed for bankruptcy protection in September 2011, and under its reorganization plan, taxpayers would lose almost all of their investment. The bill would require the Treasury to review any future Energy loan guarantees....
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