GM and GE make China move.

[gsvol]

GM and GE Go All-In for Chinese Subsidies | National Legal and Policy Center

Not surprisingly the new partner - in a 50-50 joint venture with the state-run auto industry - is China. And also unsurprisingly, General Electric will join GM in a related partnership in the communist nation.
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Instead, in order to be able to grab the eye-popping $19,300-per-car incentives, automakers must share their technology with Chinese counterparts and produce the vehicles over there. So we now have the GM China Advanced Technical Center in Shanghai, adjacent to the company's local headquarters and in a 50-50 partnership with Chinese state-run SAIC Motor Corporation. And rather than call it the Volt, the combined venture will likely develop and implement the electric technology in the Shanghai GM Chevy Sail model, which was introduced late last year.
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The charging station installations replicate the infrastructure build-up efforts in the U.S., via grants from the Department of Energy, which subsidize the costly chargers for GE and other companies.

 

[golfballs]

Yeah, this is ****ing bull****

 

[gsvol]

Thought it couldn't get any worse than Solyndra?

President Obama's nominee for Commerce secretary served as chairman of the board of a solar energy company that recently received a $1.37 billion federal loan guarantee – the largest the Department of Energy has ever given for a solar power project.

Now that company, BrightSource Energy, is attempting to build the world's largest solar power plant amid concerns such ventures may be too risky an investment for the federal government.

In June, BrightSource Chairman John Bryson was nominated by Obama to head the Commerce Department.

WND reported in June that Bryson co-founded an environmental activist group that is a member and funder of the controversial Apollo Alliance.

Read what we'll need to accomplish to restore America to greatness.

Apollo is run by a slew of socialists and radicals, including Jeff Jones, a founder of the Weather Underground domestic terrorist organization. Jones himself boasts of doing work for the environmental group founded by Bryson, the Natural Resources Defense Council.

Bryson served until June as co-chairman of the Pacific Council on International Policy, a globalist organization whose members can be found throughout the Obama administration.

The massive loan guarantee to BrightSource is meant to build an expensive California desert solar plant known as the Ivanpah Solar Electric Generating System.