Which Way, L.A.?
What Does Fisker’s Failure Mean for California’s Green Car Industry?
Mayor Villaraigosa said Fisker would be part of an electric-car industry centered in Southern California, but Fisker is now on the edge of bankruptcy.
By Warren Olney • • 26m ListenElectric-car maker Fisker is headquartered in Anaheim… if it can stay in business. CODA was lured from Santa Monica to Los Angeles—but it, too, may be on the edge of collapse. We’ll hear about what looks likes the failed promise of a new “clean” industry subsidized by local and federal taxpayers. Also, a battery recycler in Vernon is shut down after accusations of risks to public health and safety and the sequester slow-down at LAX and local airports.
On our rebroadcast of today's To The Point, President Obama has warned Syria that using—or even transporting--chemical weapons would be a “game changer.” Britain, France and Israel now claim that the al-Assad regime has thrown down the gauntlet. Syria denies the charge, but is the evidence credible? Will the US have to respond? What are the available options?
Banner Photo © REUTERS/Kevin Lamarque - Nicholas Whitcombe (L-R), supervisory senior investment officer for the DOE, Fisker Automotive founder Henrik Fisker and co-founder Bernhard Koehler are sworn-in to testify during a hearing held by the House Oversight and Government Reform committee on the U.S. Department of Energy's (DOE) decision to grant Fisker Automotive a $529 million loan in 2009 on Capitol Hill in Washington April 24, 2013.
