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Hopefully DOE also has $9 Million or more invested into battery research for electric motors. But I guess $9 Million isn't unreasonable if it actually produces
by ck2 11y ago
Hopefully DOE also has $9 Million or more invested into battery research for electric motors.
But I guess $9 Million isn't unreasonable if it actually produces engines that automakers will adopt.
- DrScump 11y agoHeck, the Obama administration already blew at least $193 million in the Fisker debacle.
- lern_too_spel 11y agoGovernment loans are supposed to be risky, or else they would simply be replacing private loans. The point is to put money towards projects that have large potential public benefit.
- ck2 11y agoNote the government gives $10 Billion per year in ethanol welfare to corporations. We could take the loss out of that. In fact we could fund 50 more startups EACH YEAR with the ethanol subsidy. Some of them will work, some will fail, still would be same $10 Billion.