Friday, February 20, 2009

Early as April or May?

Thanks to a reader for this article link. According to the DOE Secretary in this Wall Street Journal article, the Cavalry may be coming over the hill this spring in the form of government loan guarantees.

"Mr. Chu appeared more comfortable Thursday answering questions about how his agency plans to distribute roughly $40 billion provided to it under the recently passed economic-stimulus legislation. He said the agency intends to disperse 70% of the money by the end of next year. By as early as April or May, he said the agency would start awarding loan guarantees to companies implementing alternative energy projects that would otherwise have trouble raising financing from private sources."
http://online.wsj.com/article/SB123508025907226643.html?mod=article-outset-box

Good Hunting,
SkunK

No comments:

 
Free Blog CounterTamron