A federal judge in Washington, D.C., has ruled that a lawsuit filed by a government watchdog group against the Department of Energy over “political favoritism” within a multi-billion dollar federal green energy loan program can advance.
Congressional Republicans called for the defunding of a program to subsidize vehicles powered by alternative fuels following new announcements of large taxpayer losses from loans made through the program.
Congressional Republicans examined the Department of Energy’s loan to Fisker Automotive despite objections from Democrats and obstinacy from the administration in a contentious hearing Wednesday afternoon.
The chief executives of embattled electric car manufacturer Fisker Automotive and an official from the Department of Energy loan program will face questions from Congress on Wednesday after the government-backed company’s failure.
Electric car manufacturer Fisker Automotive received a fraction of what it sought in a lawsuit against its former battery manufacturer in a settlement in a Delaware court on Wednesday, the Associated Press reported.