Title is a bit of a stretch... but it is what it is.
The recent Solyndra debacle involving U.S government subsidies towards a now bankrupt solar energy startup has dominated headlines in the U.S. But China is facing a more serious solar crisis.
After four days of protests at the Jinko Solar Holding, an NYSE listed company based out of Haining, Chinese officials have shut down the plant and apologized to citizens over alleged dumping of toxic waste into the local river. The protests come after a large number of fish deaths from what are perceived to be high levels of fluoride in the water. The Los Angeles Times' Jonathan Kaiman reports:
Company officials are claiming that recent rainfall, and poor containment of solid waste at the factory contributed to runoff which fed into the river system. While there have been no human casualties as of yet, much of the toxins that killed the animals, including lead, are linked to human neurological conditions as well. Jinko's shares also took a hit today from the news, declining by nearly 10 percent in today's trading.
...snip...
Of course, the burgeoning sector isn't going to go very far if clean tech proves prone to toxic accidents.
http://blog.foreignpolicy.com/posts/2011/09/20/toxic_output_from_clean_tech_0
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