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    Who are the NERD fund donors Mr Snyder?

    Raise the curtain.

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    I respectfully disagree on some points (none / 0) (#7)
    by Seth9 on Wed Sep 01, 2010 at 03:47:53 PM EST
    First of all, the battery industry has a very promising future because many alternative-energy industries require high quality advanced batteries in order to reach their potential. In addition to hybrid and electric vehicles (which will phase into public use over time as gas prices increase, regardless of whether the Japanese government removes a subsidy on such cars), advanced battery technology is key to the growth of solar and wind energy technologies. And alternative-energy industries are not the only ones that use advanced batteries (for instance, the laptop I'm using to make this post uses one).

    Secondly, while I generally distrust the use of tax incentives, I do think that there's something to be said for using limited incentives to attract certain hi-tech industries, particularly those industries that can convert closed down automotive plants. My reasoning here is that this is not so much picking winners and losers as it is attempting to attract industries that can use pre-existing assets that are currently doing nothing for the state or our communities. If tax reform combined with limited incentives can attract industries (such as those in the green energy sector) that can effectively utilize some of our resources that have been left in the cold thanks to issues with the auto industry, then I would not be opposed to it.

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