The U.S. green energy industry is filled with failed firms. They became so dependent upon government subsidies and favors that they simply could not compete and produce a product or service that was cost effective and desirable to the consumer. Yet they all convinced their local politicians to secure taxpayer money for them even though they knew that their products were not going to be successful. It's also highly likely that the politicians got donations or kickbacks from these firms. What term did Chapter 5 use to describe this behavior? FYI - A Short List of Recent Failed Green Energy Firms and Cost To Taxpayers BrightSource - $1.6 billion lost First Solar - $1.4 billion lost SunPower - $1.2 billion lost Abound Solar - $790 million lost Solyndra - $570 million lost Abound Solar - $400 million lost Range Fuels - $162 million lost Personal Note: Do you now see how politicians get rich? Strange how nearly everyone in Congress is a multi-millionaire along with their families. Multiple Choice Rent Seeking. Regulatory Capture. The Principal Agent Concept. Making Money American Style