photo: hobbes8calvin
The U.S. Department of Energy this week doled out $19 million to spur development of plug-in hybrid vehicles, hybrid electric cars and fuel cell vehicles. The money will go to five teams for research into creating more efficient and lighter electric drive trains, inverters and motors. As has been past practice at DOE, the recipients of taxpayer cash include multinational corporations like General Motors (GM) and General Electric (GE). One team, though, is led by a tech startup, US Hybrid of Torrance, California. Other members of the teams include universities, U.S. research labs and smaller companies.
Feds Give $19 Million for Green Car Research
May 24, 2007 by Todd Woody
19 Million dollars for the government is like a dollar for the average person. Why don’t they actually try instead of all these half ass political ploys.
Sorry, but $19 million is far less than that. The 2006 Federal budget has $2.655 trillion in expenditures, so $19M is .00072%. Or,less than 4 seconds worth of Federal spending. Put another way, for a family living on $50,000 a year it would be $0.36, yes 36 cents. Another complete political joke for those who can’t do the math – and they don’t want you to.