Now here’s a DOE deal Nevada can use
While Nevada has been stuck with the threat of the Yucca Mountain nuclear waste repository, at least one other part of the country is
benefiting from the Department of Energy these days.
Sure, Fisker Automotive Inc. is from Finland, but thanks in large part to a “green energy” loan from the DOE it has opened a factory in
the United States in a space formerly occupied by General Motors. It took the political juice of Vice President Joe Biden to land the deal
near his home in Delaware – all politics is local, right Mr. VP? – but at least the Fisker deal holds the promise of factory jobs for Americans.
And all it took was a total of $528 million in government loans.
As James Carville might say, “It’s always the economy, stupid.”
Read The Wall Street Journal story.
