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#energydepartment

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"Over the years, #Musk and his #businesses have received at least $38 billion in government contracts, loans, #subsidies and tax credits, often at critical moments, a Washington Post analysis has found, helping seed the growth that has made him the world’s richest person.
The payments stretch back 20 years. Shortly after becoming #CEO of a cash strapped #Tesla in 2008, Musk fought hard to secure a low-interest loan from the #EnergyDepartment."
#welfare
#elonmusk
washingtonpost.com/technology/

The Washington Post · Elon Musk’s business empire is built on $38 billion in government fundingBy Desmond Butler, Trisha Thadani, Emmanuel Martinez, Aaron Gregg, Luis Melgar, Jonathan O'Connell, Dan Keating

#Biden admin invests $6B to cut #carbon from #steel, #cement — and snacks
canarymedia.com/articles/clean

"The #EnergyDepartment’s historic new investment aims to #decarbonize the dirty, energy-intensive sectors that underpin the modern global economy... The initiative represents the single-largest #decarbonization investment in American history"

Laser Fusion Start-Ups Ignite the Quest for Boundless Energy - Companies are looking to commercialize advances made by federally supported research labs... - nytimes.com/2023/11/13/science #laser(lightamplificationbystimulatedemissionofradiation) #nationalignitionfacility #fusion(nuclearreaction) #energydepartment #energyandpower #start-ups #research

The New York Times · Laser Fusion Start-Ups Ignite the Quest for Boundless EnergyBy Kenneth Chang