Tag Archives: bailout

General Motors (GM) Recovery Plans Ride On The Volt

The recovery plan that GM submitted to the government depends heavily on the downtrodden automaker’s ability to turn itself into a leaner and greener company. Earth2Tech.com reports that the company validates its intentions to create jobs for Americans and help combat climate change by referencing the following:

The Michigan assembly plant planned for the Volt battery pack, and a nearby lithium-ion battery development program. What’s the one vehicle it names in the stated plan to

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Renewable Energy Tax Credits Pass As Part of Bailout Bill

A quick update on a story we’ve been following: The bailout bill has passed both the House and the Senate, was signed into law by President Bush, and includes provisions to extend the tax credits for renewable energy. It’s difficult to overstate the importance of the tax credits for the renewable energy industry.

The New York Times quoted Rhone Resch, president of the Solar Energy Industries Association, on the bill. According to Resch, “There’s … Read the rest