Serving Clovis, Portales and the Surrounding Communities
Serving Clovis, Portales and the Surrounding Communities
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Just prior to the election, battery-maker A123 Systems filed for bankruptcy. As the recipient of $249 million in federal money, the Massachusetts-based company represents just the latest in a long line of troubled taxpayer-enabled green ventures — some 34 companies and $7.5 billion to date. How little different this is from Houston-based Enron's forays into wind and solar in the 1990s, which even with federal subsidies were never profitable. Failed bets on politically correct, market-incorrect energies are part of the t...
