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GM taps LG for Volt Battery

Revenge of the Electric Car

MIT spinoff A123 was a personal favorite, also Germany’s Continental was in the running, but it was LG Chem subsidiary and Detroit based Compact Power, Inc. GM has been saying for a while now that they had picked their supplier for the LiIon battery in the Volt, but they weren’t prepared to announce who it was.

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MIT study suggests carbon tax could help reduce US deficit, lower other taxes, reduce emissions

Green Car Congress

A new report from MIT’s Joint Program on the Science and Policy of Global Change suggests that a tax on carbon emissions could help raise the money needed to reduce the US deficit, while improving the economy, lowering other taxes and reducing emissions. They found that the tax would raise $1.5

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