Saturday, October 24, 2009

The Future of Cars Was Hydrogen, Once - Green Inc. Blog - NYTimes.com

The Future of Cars Was Hydrogen, Once - Green Inc. Blog - NYTimes.com: "Mr. Lincoln said that venture capital funds had about $20 billion to $24 billion to invest in clean technology this year. That amount is dwarfed by government funds, which could reach $200 billion in the clean energy field 2009, thanks to the administration’s push for renewable power.

“Over all, the stimulus is very good, but I do worry about the government skewing the market, picking winners and losers,” Mr. Lincoln said.

One of these winners has been A123, which received $249 million from Department of Energy."

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