Tagged: A123

US Senator Carl Levin says the federal government needs to invest in renewable energy companies, even if those investments sometimes go bad. Levin made the remarks during a visit to Grand Rapids Community College today.

U.S. Senator Debbie Stabenow is defending federal subsidies to promote green energy and advanced manufacturing businesses.

The loans, grants, and tax credits were part of the federal economic recovery package.

A company that got a quarter-billion dollar grant declared Chapter 11 bankruptcy this week. A123 employed hundreds of people in Michigan at facilities in Livonia, Romulus, and Ann Arbor.

Stabenow said the subsidies remain an important part of national energy and economic policy—even if some of the investments don’t pan out.

Tuesday’s bankruptcy announcement by A123 Systems Inc. has many taking another look at the prospects of the electric car.

Conservative commentators have taken the opportunity to bash the Obama administration for its green energy investments.

In 2009, A123 received a $249 million grant from the Department of Energy.

This week Morning Edition host Christina Shockley talked with Michigan Radio's political analyst about the legislation to overhaul Blue Cross Blue Shield of Michigan, results of a poll that looks at where Michiganders stand when it comes to the six ballot proposals voters will see in the next three weeks and the bankruptcy of U.S. operation of electric car battery maker, A123 Systems.

The second presidential debate is over, and I’m pretty sure that if you polled Michigan voters and asked, simply, “who won last night?” there wouldn’t be any doubt of their answer.

It would be Justin Verlander, who last night pitched the Detroit Tigers to within one game of the World Series.

Indeed, I’d bet that more people were following their victory over the hated Yankees than were watching the confrontation in New York between the major presidential candidates.