Tuesday, October 16, 2012

New Example of Green ‘Loser’

Republican presidential candidate Mitt Romney called the bankruptcy filing by battery maker A123 Systems Inc. (AONE), which received a $249.1 million U.S. grant, an example of President Barack Obama’s failed green-energy policy.
“A123’s bankruptcy is yet another failure for the president’s disastrous strategy of gambling away billions of taxpayer dollars on a strategy of government-led growth that simply does not work,” Andrea Saul, a Romney campaign spokeswoman, said in an e-mailed statement today.
Read More: Bloomberg