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    Congressman Seeks Answers on Stimulus-Backed Company Ecotality

    Congress is asking questions about a stimulus-backed electric vehicle company that received millions in taxpayer dollars even after the Securities and Exchange Commission opened an investigation into the company for insider trading. Ecotality, which manufactures charging stations for electric vehicles, was hit with an SEC subpoena in October 2010, a … More

    SEC Subpoenad CEO of Stimulus-Backed Electric Vehicle Company

    The Securities and Exchange Commission filed a subpoena against electric vehicle company ECOtality in October of 2010, requesting documents relating to its investigation into insider trading by some of the company’s top executives. The name of at least one of those individuals has now been revealed. ECOtality is a poster … More

    General Motors Bailing Out Volt Owners?

    It’s been a mixed day in the world of the American auto industry. While Ford Motor posted huge sales for November — propelled by a strong demand for SUVs — General Motors has been forced to make the unusual offer of buying back cars from consumers. Tom Krisher at the … More

    Energy Department-Backed Company Under SEC Investigation

    In its push to get electric vehicles on the road, the Obama administration has partnered with a company in dire financial straits that is also under investigation by the Securities and Exchange Commission for insider trading. San Francisco-based green technology company ECOtality received roughly $115 million in two separate Energy … More

    Reid’s Lame Duck Energy Bill: More Money for Special Interests, Higher Costs for the Rest of Us

    It’s highly unlikely that we’re going to see any large energy bills like a cap and trade or renewable electricity standard passed during the lame duck session, but that isn’t stopping Senator Harry Reid (D–NV) from moving forward with bad energy policy. Undeterred by an American electorate that shouted clearly … More

    Fore! Cash for Clunkers Hits the Links

    This is not a new story from the Wall Street Journal, but certainly one worth noting: “We thought cash for clunkers was the ultimate waste of taxpayer money, but as usual we were too optimistic. Thanks to the federal tax credit to buy high-mileage cars that was part of President … More