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    China's Wanxiang Poised to Take 80% Stake in DOE Grant Recipient A123

    A123, the U.S. manufacturer of green-tech batteries that received millions in government aid, today announced a “memorandum of understanding” between it and Chinese auto giant Wanxiang. It totals up to $450 million in a bailout of debt purchasing and other cash infusions that would grant Wanxiang 80 percent controlling interest … More

    Great Green Fleece: Air Force Spends $59 Per Gallon for Biofuel

    The U.S. Air Force spent $59 per gallon on biofuels for a demonstration last month intended to show the promise of the alternative energy source. That’s more than double what the U.S. Navy spent as part of its so-called Great Green Fleet demonstration. The total cost for the 11,000 gallons of … More

    Reaction Roundup: Heritage Responds To The State Of The Union

    Heritage members and fans are discussing President Barack Obama’s State of the Unions address at Twitter and Facebook right now. And here are just some of our experts immediate reactions to parts of the speech: State of the Economy President Obama inherited a global recession and a global financial meltdown. … More