RSSFed money may benefit Russian-backed firm
From: The Washington Times | July 5, 2009
Republican Sen. Richard G. Lugar, one of the deans of Congress, and his junior colleague, Democratic Sen. Evan Bayh, have been leading the charge to secure federal money for a company that wants to build the next generation of advanced lithium-ion batteries. The Indiana lawmakers have secured $6.5 million in congressional earmarks for Ener1, Inc., and have talked up the company’s efforts to secure a slice of nearly $3 billion in two Energy Department programs offering grants and loans as part of President Obama’s stimulus package. Their pitch sounds as American as apple pie: The New York-based company would create …
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