Money terrible spent, just another billion poured down the drain on inefficient renewable energy technologies that would have been much better spent developing better technologies.
For a billion dollars you could hire five hundred brilliant (or at least clever) scientists and pay then each $200K pa for ten years to work on promising technologies in photovoltaics, ranging from sexy stuff like multiple exciton generation to prosaic stuff like how to make silicon sheets cheaper.
For a billion dollars you could hire five hundred brilliant (or at least clever) scientists and pay then each $200K pa for ten years to work on promising technologies in photovoltaics, ranging from sexy stuff like multiple exciton generation to prosaic stuff like how to make silicon sheets cheaper.