Plug-in battery grants: All about denial

Will these save the US auto industry?

Just a short while ago, President Obama officially announced his plan to provide some $2 billion in grants to develop a battery industry in the US claiming that 'We failed far too long to invest in innovative technology'.

Such as the billion GM lost on the EV1? Such as the $1 billion + the Clinton Administration granted automakers to develop the next generation of fuel efficient vehicles? That's a couple a billion for innovative technology right there.

Finish: Plug-in battery grants: All about denial