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Green funding for Ford: Why Government Shouldn't Pick Winners

Posted on September 03, 2008

The Canadian government of Prime Minister Stephen Harper is reported to be on the verge of giving $200 million from a green initiatives fund to Ford and General Motors - to help those failing companies continue to build really big (and increasingly unpopular) cars and trucks.Ford, which lost $8.7 billion in the second-quarter of this year as its truck-dominated fleet crashed into oily reality, is advertising its latest Ontario production facility as green because it features a more fuel-efficient V8 engine. And Stephen Harper, in a pre-election vote-buying frenzy, is using taxpayers mo...

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canadian , election , energy efficient , ontario , prime minister