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  • Subsidies for plug-in cars: A scam for big business

    11/22/2010 10:23:58 AM PST · by jazusamo · 10 replies
    Washington Examiner ^ | November 22, 2010 | Timothy P. Carney
    When you see bipartisan agreement on energy and transportation policy, it means one thing: truckloads of subsidies for well-connected big businesses touting some unproven high-tech "green" solution. Most green subsidies are mostly harmless (if also useless) -- such as solar and wind subsidies. But in recent weeks, lawmakers are lining up behind one green idea that could waste unprecedented amounts of resources -- venture capital, taxpayer money, intellectual innovation -- by approving vast new subsidies to make plug-in electric cars the dominant mode of transportation. A cabal of government-friendly big businesses -- ranging from lobbying king General Electric to made-for-subsidies...