The Green movement extols a future of hybrid-electric cars, sure that it will also mean a future of green jobs, especially in the struggling industrial states in the Midwest. Michigan has the highest unemployment rate in the country.In northern Michigan, mining companies are hoping for a new era in mining in the state’s Upper Peninsula because of a rise in commodities prices for nickel—in demand for use in batteries for the Toyota Prius, Chevy Silverado and other hybrids.But the new rush for ni
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Finally, Ford gets rewarded for staying out of bankruptcy. Today it got a $5.9 billion loan from the Department of Energy to develop more fuel-efficient cars. Nissan got $1.6 billion, and Tesla (yes, Tesla) got $465 million—all coming out of a $25 billion pot to help car companies retool and get green. GM and Chrysler got nothing, as they were not “financially viable,” per the terms of the loans. Reportedly , Ford will use its money to “upgrade factories in five Midwest states to produce
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