Energy Department pulls support for FutureGen
WASHINGTON, D.C. - The Energy Department, frustrated by ballooning costs of an ambitious quest to build a virtually emissions-free power plant, told federal lawmakers it plans to pull its support for a $1.8 billion project developers want to build in Illinois, lawmakers said.
The Department of Energy would not publicly divulge its intentions about FutureGen or discuss what was said during the private meeting with lawmakers, saying only that it planned an announcement within days.
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Plan to End E-Vehicle Subsidies Sparks Anger in Germany
BERLIN - The German government has faced a backlash after abruptly ending an electric car subsidy scheme in a blow to the already struggling automotive industry.
The scheme is one of the casualties of a budget crisis caused by a shock constitutional court ruling in November that upended the government's spending plans.
The economy ministry said Saturday that Sunday would be the last day prospective buyers could apply for the scheme, which paid out thousands of euros per customer to partially cover the cost of buying an electric car.
A spokesman for the ministry admitted it was an "unfortunate situation" for consumers who…
