Stimulus Could Kickstart US Battery Industry
Al sends along a Technology Review piece that begins "Provisions in the Congressional stimulus bill could help jump-start a new, multibillion-dollar industry in the US for manufacturing advanced batteries for hybrids and electric vehicles and for storing energy from the electrical grid to enable the widespread use of renewable energy. The nearly $790 billion economic stimulus legislation contains tens of billions of dollars in loans, grants, and tax incentives for advanced battery research and manufacturing, as well as incentives for plug-in hybrids and improvements to the electrical grid, which could help create a market for these batteries. Significant advances in battery materials, including the development of new lithium-ion batteries, have been made in the US in the past few years; but advanced battery manufacturing is almost entirely overseas, particularly in Asia."
I find this ironic as I got laid off from a battery company. Too late for me I guess...
Provisions in the Congressional stimulus bill could help jump-start a new, multibillion-dollar industry in the US for manufacturing advanced briberies for congressmen and senators and for siphoning off money from government pork to enable the widespread use of luxury homes and lifestyles by politicians. The nearly $790 billion economic stimulus legislation contains tens of billions of dollars in loans, grants, and tax incentives for advanced bribery research and manufacturing, as well as incentives for earmarks and kickbacks, which could help create a market for these briberies. Significant advances in bribery techniques, including the development of new fully off-shored briberies, have been made by corporate legal departments in the past few years. Advanced bribery manufacturing is primarily at the state and federal level, particularly in Washington D.C., but local governments are looking forward to far greater participation.
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