hot Air ^ | june 13,2012 | ERIKA JOHNSEN
Tuesday, the Department of Energy announced that it is instituting yet another round of clean-energy “investments” that they believe will help to spur the economy to new and amazing competitive heights. Oh, DOE, you really are too magnanimous to so wisely spend our money for us on things us backwards simpletons won’t invest in by ourselves. …No, really, you’re too magnanimous (h/t the Foundry).
“By investing in breakthrough technologies that can drastically reduce the amount of energy consumed during manufacturing, the Energy Department is supporting President Obama’s blueprint for an economy built on American manufacturing, American energy, and skills for American workers,” said U.S. Energy Secretary Steven Chu. “When it comes to clean energy, our motto should be: ‘Invented in America, made in America, and sold around the world.’ The projects announced today will improve the competitive position of U.S. industry and help manufacturers produce more while saving energy, saving money and protecting our air and water.”
Here’s a nice kicker. Behold, the projects our esteemed, selfless bureaucrats selected for these “awards”:
Air Products and Chemicals, Inc. – Allentown, PA - $1,200,000 American Iron and Steel Institute (AISI) – Salt Lake City, UT - $7,120,000 Delphi Automotive Systems, LLC – Rochester, NY - $3,700,000 General Motors LLC – Warren, MI - $2,672,124 Lyondell Chemical Company – Newtown Square, PA - $4,500,000 MEMC Electronic Materials, Inc. – St. Peters, MO - $3,680,000 MIT – Cambridge, MA - $1,000,000 PolyPlus Battery Company – Berkeley, CA - $8,999,920 Research Triangle Institute – Research Triangle Park, NC - $4,800,000 Teledyne Scientific and Imaging – Thousand Oaks, CA - $2,110,000 The Dow Chemical Company – Midland, MI - $9,000,000 The University of Utah – Salt Lake City, Utah - $1,460,285 Third Wave Systems, Inc. – Minneapolis, MN - $4,069,882
(Excerpt) Read more at hotair.com ...
