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    Report: A123 received $950k from feds on bankruptcy-filing day

    And in the "one hand didn't know what the other hand was doing" department, we have this. Lithium-ion battery-pack maker A123 Systems received almost $1 million in federal funding the day it filed for bankruptcy, Reuters reports, citing a letter the company sent to Republican Senators John Thune ...

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    Report: Fisker loan spurs more questions from senators

    Um, about that $337 million. Fisker Automotive and its pending federal government loan has spurred a letter from two U.S. senators to Energy Secretary Steven Chu questioning the appropriateness of the loan, The Detroit News reports. In their letter to Chu, senators John Thune (R-South Dakota) ...

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    Official: Fisker reaches out to Middle East; DOE reaches for loan consultant

    Fisker Automotive may not exactly be chummy with the U.S. federal government these days, but at least it's getting some love from the Middle East. The California-based extended-range plug-in vehicle maker reached an agreement with Al-Futtaim Group to distribute its cars throughout the Middle ...

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    Ethanol loses big supporter in Congress; Iowa Sen. Grassley ready to "bite the bullet"

    Up for vote in the U.S. Senate is a deficit-cutting bill already passed by the House of Representatives that will curb federal spending by $60 billion this year while also preventing the EPA from increasing the percentage of ethanol in gasoline from 10 percent to 15 percent and handing out ...

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    Truckstop operators want their biodiesel back - and the $1-per-gallon tax credit

    According to the real-time counter on the homepage of the National Biodiesel Board (NBB), it's been 108 days since the $1.00 per gallon biodiesel tax credit expired. With an entire industry stalled and no clear end to the biodiesel purgatory in sight, more and more groups are petitioning their ...

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    First hint: 54-cent-a-gallon ethanol tariff may shrink under 2009 budget

    The Bush Administration will release its 2009 budget to Congress Monday and one of the expected changes will be to the ethanol tariff, currently set at 54 cents for each imported gallon. The groundwork for this change was set by Energy Secretary Sam Bodman. According to Domestic Fuel, Bodman said, ...


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