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

Posted by timothy on Thursday December 18, 2008 @06:34AM from the when-you-really-truly-need-some-free-tax-money dept.

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.'"

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Re:If the advanced technology comes from China... by Kohath · 2008-12-18 07:06 · Score: 0, Redundant

Personally, I'd prefer that the policies and regulations governing use and disposal of that nasty stuff not be "fixed."
even though those regulations make everyone poorer.
Is there any room for a cost/benefit analysis in your position? Or is it dogma?