Fisker Automotive featured in a House hearing this week, as congressmen questioned how that luxury electric-car maker—now in financial straits—ever qualified for a $529 million federal loan guarantee. The Obama Energy Department is facing some awkward questions—a la Solyndra—about what role politics played in granting that subsidy.
Perhaps we need not guess. For an excellent study in how green-energy cronyism works, look instead to the near miss (for taxpayers) of Next AutoWorks.
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