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Were you also against companies like Honda and Toyota getting free land and special cash deals from the state and federal governments to build the plants in this country? The stimulus money to build the battery plants is getting spent HERE in the states, not on foreign soil. Lithium-ion batteries are a technology that is already mastered and in use in other countries; it only makes sense that we need to partner with a foreign company to bring that same level of efficiency to our brand new plants here.
And the profits go out of this country to a foreign entity, funded by taxpayer dollars in exchange for a trivial number of jobs created at the highest possible cost - at least $500,000 PER JOB. What kind of sense does that make?
Would have been real nice if a US company were to build it instead.
And the profits go out of this country to a foreign entity, funded by taxpayer dollars in exchange for a trivial number of jobs created at the highest possible cost - at least $500,000 PER JOB. What kind of sense does that make?
And the profits go out of this country to a foreign entity, funded by taxpayer dollars in exchange for a trivial number of jobs created at the highest possible cost - at least $500,000 PER JOB. What kind of sense does that make?
Would have been real nice if a US company were to build it instead.
LG Chem/Compact Power Inc. battery plant is not funded 100% by the U.S. Department of Energy grant. Roughly half of the plant's 303 million dollar price tag is funded by LG Chem who has other plants in other parts of the world. We have many U.S. companies on foreign soil bringing the profits home. Are you so much of an isolationist in the global economy that you'd fight to put an end to that as well? Like it or not, we need the expertise of a foreign owned company to build this plant so you could look at like we're buying technology just has other country did with our technology when they allowed us in to build factories overseas. They already have the specialized dies and machinery that we'd have to build from scratch.
We're way far behind the rest of the world when it comes to going green technology and this plant will put America back in the running. It's main benefit isn't just the jobs it provides to the little town of Holland, MI but to all the other industries it will feed and keep running across America. Without this U.S. source for lithium-ion batteries we'd have to import them all and like it or not the world is committed to breaking away from using so much fossil fuel. Or would you rather have our gas fed auto industry go the way of the buggy whip makers and start importing all our cars and trucks, losing that whole segment of our economy? Or worst yet, we'd be just trading one foreign energy dependency for another if we don't build the batteries here. We need to invest in our future through the Department of Energy grants like this. The oil industry and the electric companies got a lot of government help when they first started as well and in many ways the oil industry still is.
Last edited by Wayland Woman; 07-17-2010 at 07:17 AM..
Thanks to Obama, "liberalism" will be dead for another generation. In that regard, he has served a useful purpose. In the objective scope of today, he is a small, vindictive, petty politician with poor leadership skills.
Obama never was a liberal anyway. We are a country to the right, majority conservative.
Obama is just less conservative than the Fox News crowd, trying to do his very best to be a part of the club that won't allow him in no matter how much he tries.
We're way far behind the rest of the world when it comes to going green technology and this plant will put America back in the running. It's main benefit isn't just the jobs it provides to the little town of Holland, MI but to all the other industries it will feed and keep running across America.
It's no wonder, considering the cost. 300 jobs is a ridiculously trivial number in these times.
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Without this U.S. source for lithium-ion batteries we'd have to import them all and like it or not the world is committed to breaking away from using so much fossil fuel.
At $500,000 per job, that sure sounds like a better idea.
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Or would you rather have our gas fed auto industry go the way of the buggy whip makers and start importing all our cars and trucks, losing that whole segment of our economy? Or worst yet, we'd be just trading one foreign energy dependency for another if we don't build the batteries here. We need to invest in our future through the Department of Energy grants like this. The oil industry and the electric companies got a lot of government help when they first started as well and in many ways the oil industry still is.
There is no energy crisis that justifies moving from away the abundant, cheap, reliable energy source that fuels the global economy.
There is no energy crisis that justifies moving from away the abundant, cheap, reliable energy source that fuels the global economy.
In the opinion of people heavily invested in the oil industry. In the opinion of people who are only thinking of themselves and not future generations. In the opinion of people who want to bash anything the president does. Other countries are leaving us in the dust when it comes to building cars with lithium-ion batteries. They recognize that fossil fuels will run out and are the source of way too many wars.
By 2013, the Holland, MI battery plant will be able of producing 15 million to 20 million lithium-ion battery cells annually. That will generator more than just the jobs within the walls of that plant. Other businesses are gearing up all over the state to supply this battery factory with their raw materials, etc. Local colleges are tailoring trade courses for the new technologies coming out. This factory is like a stone thrown in a lake i.e. the ripple effect will be felt all over the country.
Last edited by Wayland Woman; 07-17-2010 at 09:24 AM..
In the opinion of people heavily invested in the oil industry. In the opinion of people who are only thinking of themselves and not future generations. In the opinion of people who want to bash anything the president does. Other countries are leaving us in the dust when it comes to building cars with lithium-ion batteries. They recognize that fossil fuels will run out and are the source of way too many wars.
Other counties are SMALLER than us.
They have better mass transit.
As Americans we drive many more miles per year.
The batteries will not work for many.
What would work??
Natural gas. But, that is not were the limousine liberals have money invested.
My big trucks would even run on natural gas.
We have the largest supply in the world, right here.
In the opinion of people heavily invested in the oil industry. In the opinion of people who are only thinking of themselves and not future generations. In the opinion of people who want to bash anything the president does. Other countries are leaving us in the dust when it comes to building cars with lithium-ion batteries. They recognize that fossil fuels will run out and are the source of way too many wars.
By 2013, the Holland, MI battery plant will be able of producing 15 million to 20 million lithium-ion battery cells annually. That will generator more than just the jobs within the walls of that plant. Other businesses are gearing up all over the state to supply this battery factory with their raw materials, etc. Local colleges are tailoring trade courses for the new technologies coming out. This factory is like a stone thrown in a lake i.e. the ripple effect will be felt all over the country.
In the opinion of people heavily invested in the oil industry. In the opinion of people who are only thinking of themselves and not future generations. In the opinion of people who want to bash anything the president does. Other countries are leaving us in the dust when it comes to building cars with lithium-ion batteries. They recognize that fossil fuels will run out and are the source of way too many wars.
By 2013, the Holland, MI battery plant will be able of producing 15 million to 20 million lithium ion battery cells annually. That will generator more than just the jobs within the walls of that plant. Other businesses are gearing up all over the state to supply this battery factory with their raw materials, etc.
No, just everyday normal people with the common sense to realize that OIL fuels the world, cheap, abundant, reliable oil and WE have plenty of it here, while the Left/dems/enviros obstruct every effort to develop our domestic resources.
The Left has been saying for decades that fossil fuels will run out..soon, very, very soon. It's just not true. Plenty of oil around the world, plenty in the US.
Still, the cost of "creating" such jobs, @ $500,000 a pop, does not justify the investment that will produce a battery that will go in a vehicle that the vast majority of people won't want or be able to buy.
No, just everyday normal people with the common sense to realize that OIL fuels the world, cheap, abundant, reliable oil and WE have plenty of it here, while the Left/dems/enviros obstruct every effort to develop our domestic resources.
The Left has been saying for decades that fossil fuels will run out..soon, very, very soon. It's just not true. Plenty of oil around the world, plenty in the US.
Still, the cost of "creating" such jobs, @ $500,000 a pop, does not justify the investment that will produce a battery that will go in a vehicle that the vast majority of people won't want or be able to buy.
With your fuzzy math, I'll bet you thought all the money spent on the space program was just to give four guys a trip to the moon, right, with no consideration for all the spin-offs that grew major industries here on earth?
As for running out of fossil fuel someday, according to industry analysts at Global Insight:
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We have 800 million vehicles in the world today with roughly 70 million new ones built each year. If China, India, and the rest of the world acquire as many vehicles per capita as Europe—which has roughly a car for every two people—we’ll end up with 3 billion cars on the planet by 2035. And if they use gasoline engines, we would need several times the volume of oil reserves currently known in Saudi Arabia just to fuel them.
Also from Global Insight:
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Moving down the criteria, electric vehicles don’t need to be monitored for emissions, and electricity can be generated from a variety of sources and in many locations...............Finally, cost will gradually come down to be competitive with combustion engines
Say whatever you want, Sarene, but gradually changing over to plug-in hybrids is the wave of the future and you can't stop it.
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