Fed seeks to spur green energy investment with guarantees
Excerpt:
"The Federal government is backing investments in clean energy projects, providing $2 billion in loan guarantees to 16 companies.
The guarantee program differs from recent Department of Energy grants (our coverage on some of those here and here) in that the companies are not given money by the government. The program is more akin to having a cosigner on a loan."
http://venturebeat.com/2007/10/05/fed-seeks-to-spur-green-energy-investment-with-guarantees/
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