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American Prospects

Don't Give Up on Green Tech Yet

April 29, 2013

When in 2008 George W. Bush signed the law creating the Advanced Technology Vehicles Manufacturing Loan Program (ATVM), which gives loans to car companies investing in green tech, conservatives were outraged. They took to talk radio to express their dismay, they introduced bills to dismantle the program, they poured contempt on Bush for trying to "pick winners and losers" with a bunch of hippie-mobiles running on patchouli and idealistic delusions.

I'm just kidding, of course. Conservatives didn't actually do those things. It was only when Barack Obama took office in 2009 that they discovered their antipathy to t

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