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.'"
Unless, of course, they develop Mr Fusion
Maybe Congress should take a look at why U.S. companies didn't choose to manufacture this technology domestically, and implement policy changes to fix the underlying problems. Otherwise it's just economic Whack-a-Mole.
And no, I'm not a supply-sider. I think the incentives are more complex than "high taxes drive jobs away." Maybe that's part of the answer, but only a part.
[Sir Garlon] is the marvellest knight that is now living, for he destroyeth many good knights, for he goeth invisible.
Instead we should invest that $1B into researching fundamentally new battery technologies.
Hopefully Obama realizes how many theoretical research salaries can be paid with $1B and chooses to spend the money on this kind of long-term project.
Um, say gents, you can feel free to pool your resources on your own to develop new battery technology. However, there's no need for the government to pony up my tax dollars on this endeavour, especially considering how eager you folks are to outsource jobs overseas left and right, mm-kay?
when did it become ok to rely on the government to put up funds to save / create business? this is the opposite of lazaire faire (no i dont know how to spell that).
... batteries not included
There are 10 kinds of people in the world > > Those who understand binary and those who don't
I can assure you that one of the biggest reasons we don't build toxic batteries here in the US, is because of Environmental Regulations would make them prohibitively expensive. And China would steal the tech and make them cheaper, and without a care about environmental concerns.
We have effectively regulated the ability to produce anything away.
If I were a manufacturer, I wouldn't make anything in the US either. I wouldn't even consider it.
Agent K: A *person* is smart. People are dumb, stupid, panicky animals, and you know it.
Except China has a metric assload of people. They could power the plants with people used as fuel and still have more than enough for cheap labor.
superman runs linux
This should carry the requirement that batteries be interchangeable.
t
Which is bigger... a metric assload or an imperial assload?
Fascism starts when the efficiency of the government becomes more important than the rights of the people.
Can anyone quantify the difference(s) between communism, and capitalism in which the government hands out tax money, extracted at gunpoint, to various large corporations?
Is it just a question of degree (percentage points) or is there some other major difference?
A government is a body of people notably ungoverned - AC
Simple government matrix for the politically impaired:
Who owns the resources?|Who Allocates the resources?|Government type
Private individuals Private individuals Capitalism
Government Government Communism
Private individuals Government Fascism
Government Private individuals Socialism
apparently, they already have a plant in gainsville florida. although, it's currently not running for whatever reason related to funding.
Electro Energy Receives First Order for U.S. Produced 18650 Lithium-Ion Batteries
maybe that's not what they're looking for.
If so... no battery stimulus for you. And BTW.. they can fuck off and die.
Telecom is a natural monopoly, because building multiple networks in parallel is economically inefficient. Hence the attempts to regulate the one existing network, often with poor success.
With batteries it is easier to start up a competing factory, if the technology is well documented.
So I think GP's point #1 would be sufficient, no need to regulate prices on top of the requirement to release the research into the public domain. That release, however, should be closely checked for completeness and correctness.
C - the footgun of programming languages
Quick quiz: which is the capitalist country, and which is the communist one?
You don't have to think environmental impact assessments are a bad thing to agree that they're a major reason there are no battery factories being built in the US. Battery factories are very dirty, at least using current production methods, and possibly inherently at least questionable (there are a lot of heavy metals and whatnot going into them).
10 PRINT CHR$(205.5+RND(1)); : GOTO 10
There are a lot of people who could be working for the betterment of humanity on research. Because there is no profit in research(unless you make a breakthrough), it is basically a field where you can't support yourself. Research is something that could be funded by the government like public roads.
God spoke to me.
What's the advantage to building them in the U.S.?
Comes time to build electric (or hybrid) replacements for Humvees and the like, (as well as various robotic systems), you really don't want to be beholden to other countries for your battery supply. (Even if the manufacturing company is an ally, you have to worry about supply-line disruption.)
For that reason alone (and there are others), this is worth some government up-front money.
-- Alastair
Oil closed at ~$36/bbl today. The electric car is dead. Again. Gasoline is about $1.50 per gallon. Consumers are broke. Nobody wants to buy an electric car these days. Its funny how we think that electric cars would save Detroit. Detroit isn't very tech savy. They are savy at building big hulking SUVs and pickup trucks. They can't compete in the small car market. How will they ever compete in the electric car market. Do we really think that US made batteries, managed by the likes of Rick Wagner (sp?) and assembled by Joe Detroit Autoworker at a cost of $75/hour are going to be competitive with batteries built in China ? Its funny how just a couple years ago we had billions and billions of dollars for home mortgages. Now we have to go to the government to finance something that our future may depend on.
My perpetual motion machine factory will provide every benefit that battery factory does, and more. My perpetual motion machines will allow water to flow downhill a la traditional hydropower, but with some of that generated electricity used to pump the water back up the hill again, to be used over and over in a never-ending cycle of very cheap electricity. And I can do all that for half what those battery dipsticks want!
Seriously, a trend that has been evident in the US that will probably aid in our demise is that we, as a society, value ignorance and a good line of bullshit over well-thought-out positions and opinions. The sad part is that with the right PR people and lobbyists, my perpetual motion idea might actually find support in Congress.
The saddest part of all is that such a scheme is no longer morally repugnant to too many Americans. See "Wall Street and the Banking Industry, 2008" for truly mind boggling fraud. Now see Paulson and Bernanke rip off the taxpayers to enrich their friends and get away with it.
My perpetual motion machine venture pales beside those corruptions in moral turptitude. It's going to be either that or start my own religion.
Don't be ashamed! Just stick your head in there eat as much of the tax-payers money as you can!
I find it much easier to buy a 10 lb chicken from the farm down the road, where I can go and pick out the little sprinter that I want to cook up. I swear, all that running and fresh air makes them so TASTY!
Your turkeys don't get to run? Well, what do they do all day?
I like to place meaningful quotes in my sig, so people will know that I know what meaningful quotes are.
No, the problem is that now that making the batteries here could actually be profitable, all the experienced workers, materials, manufacturing plants are elsewhere. Without the government stimulus, the as-yet unborn US battery industry would never become profitable simply because it wouldn't exist.
The idea that private industry could survive without ever receiving help from the government is ridiculous.
I highly recommend not believing everything you read.
I was talking about beef from McDonald's, not all that other stuff. Nothing you said made any sense. I'm not a fan of food from McDonald's but if you're looking to argue against them you should stick to the facts (insanely high sodium and saturated fat levels to start) and avoid bullshit FUD composed of half-truths and urban legends. 1) The FSIS inspects meat, not the FDA. This is a binary pass/fall system. 2) USDA grading of meat is a VOLUNTARY process, there's no reason to get "their own grade of meat". 3) McDonald's ground beef is made from a mixture of fatty domestic beef and lean, mostly imported beef. I think this is done mainly for the sake of consistency but the fact that it's cheaper this way doesn't hurt.