Posted on 10/19/2022 8:51:00 AM PDT by ChicagoConservative27
President Biden on Wednesday will outline nearly $3 billion in investments to boost domestic battery manufacturing, which officials said will help meet the need for critical supplies as the country ramps up electric vehicle (EV) production.
Biden and Energy Secretary Jennifer Granholm will announce the $2.8 billion worth of grants through the bipartisan infrastructure law passed last year at a White House event. The funding will be spread across 20 different companies for projects in at least 12 states. A senior administration official said the funding will lead to 8,000 new jobs, 5,000 of which are expected to be permanent.
(Excerpt) Read more at thehill.com ...
Me too, when is this garbage going to stop? So sick of hearing about EV’s. Meanwhile can’t even get a new gas vehicle that has all the features such as heated seats (yeah I know!) operational.
This sort of thing should be private enterprise, not the government.
That socialist, urine-soaked diaper-wearing jackass needs to butt out with this destructive crap.
Solyndra II.
“Investments” = tax payer money down the rabbit hole. I AM SO TIRED OF THIS CRAP
*************
They are investments the produce great profits for the Leftist donors and political elites.
If something makes sense economically, IT DOESN’T NEED SUBSIDIES.
Where are you going to get the Lithium ore from, Joe?
Where is that ore going to be being refined, Joe?
How’s inflation?
How’s the border?
How are gas prices doing?
How’s real estate in about a year or so?
How are military recruiting goals doing?
Batteries made from PETROLEUM and other things that come out of the ground....................
Must have worked out his 10% cut.
Who in the hell is making money on this crap?
There are givernment reps and employees pushing this for their unlimited greed, avarice and unearned wealth....
It’s an endless push on their Globalist agenda regardless of how much the nation suffers.
Betcha Deep State just made a mint off related insider trading...
Deep State and its cronies.
Someone stole yo batt’ry
A reporter needs to perform a deep dive on this and we can end this nonsense...
“The funding will be spread across 20 different companies for projects in at least 12 states.”
Really spreading the graft around.
Remembering that these are our taxpayer dollars, any thoughts on how much of the $1 Billion will just “disappear?”
Since it isn’t their money they don’t mind wasting it on this and pocketing the kick-backs.
“ Where are you going to get the Lithium ore from, Joe?”
Well, it just so happens one of the largest lithium deposits in the world is located in northen Nevada between Winnemucca and Denio. Environmentalists are already aggressively fighting development there. So you will soon see it declared sacred ground like the north slope of Alaska
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