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Russ Harding, senior environmental policy analyst, is cited at AnnArbor.com today in a story about electric car battery maker A123 announcing layoffs of more than 100 workers. The company has received hundreds of millions of taxpayer dollars in the form of subsidies and tax credits.
“The red flag that’s raised for me and a lot of people is when you see the market being dictated by government subsidies and mandates,” Harding said. “They end up failing in the marketplace, whether it’s high visibility like Solyndra, or the smaller ones in Michigan. They’re failing right and left.”
You can see a comprehensive list of articles and commentaries about A123 by Center analysts here.
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