Thursday April 22, 2021

Another greeen energy firm files for bankruptcy, taxpayers to lose another $249 million

Battery maker A123 Systems Inc. has filed for bankruptcy protection Tuesday, drawing criticism from Republicans who claim the Obama administration continues to waste millions of taxpayer dollars on alternative energy companies like A123. The company received a $249 million Department of Energy grant with high hopes that it would help foster a U.S. battery industry.  More…

Posted by at October 16, 2012
Filed in category: Business, Energy, Outrageous, Politics,

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