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US Corps Want $1B From Gov't For Battery Factory

tristanreid writes "The Wall Street Journal reports that a consortium of 14 US technology companies will ask the Federal Government for up to $1 billion for a plant to make advanced battery technology, as a part of the broad fiscal stimulus package that Pres. Elect Obama is planning. The story quotes a report by Ralph Brodd, which suggests that while existing battery technology was developed in the US, the lead in development is now held in Asia. From the WSJ story: 'More than four dozen advanced battery factories are being built in China but none, currently, in the US.'"

9 of 394 comments (clear)

  1. I can't support this use of tax dollars by Wonko+the+Sane · · Score: 3, Funny

    Unless, of course, they develop Mr Fusion

    1. Re:I can't support this use of tax dollars by Anonymous Coward · · Score: 1, Funny

      haven't you been keeping up with the news? they're working on it right now.

    2. Re:I can't support this use of tax dollars by DarthJohn · · Score: 4, Funny

      What sort of "nasty substances" do you think are "involved" in, say, lithium iron phosphate cells?

      um... lithium for one?

  2. Re:If the advanced technology comes from China... by Anonymous Coward · · Score: 2, Funny

    Congress has already fixed that problem, we were too rich.

  3. Re:Battery development on my tax money?? by jornak · · Score: 1, Funny

    Battery development... on your tax money? It's more likely than you think.

  4. The 2009 Stimulus Package by JBG667 · · Score: 4, Funny

    ... batteries not included

    --
    There are 10 kinds of people in the world > > Those who understand binary and those who don't
  5. Re:why isn't this socialism ? by canajin56 · · Score: 1, Funny

    It's only socialism when you tax people to the bone and use that money to fund social programs. If you use that money to fund corporate programs, it's corporatism, which is a fancy name for FREEDOM, you elitist commie pinko DEMOCRAT.

    --
    ASCII stupid question, get a stupid ANSI
  6. Re:Environment? by Amazing+Quantum+Man · · Score: 3, Funny

    Which is bigger... a metric assload or an imperial assload?

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    Fascism starts when the efficiency of the government becomes more important than the rights of the people.
  7. Re:Capitalism? by Anonymous Coward · · Score: 1, Funny

    Epic troll, 10/10