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Clean Cars = Green Jobs

The Department of Energy recently announced plans to give loans to car companies in order to retool to make cleaner greener cars. With $9 billion in loans, these car companies will undoubtedly create more green jobs. In order to appreciate how much this will affect the green landscape, you must understand where the money is going.

The three car companies receiving loans are: Ford, Nissan & Tesla. Ford has long been a leader in environmental practices. Ford made itself a leader in unique hybrids with the 2010 Ford Fusion. The company will receive roughly $5.9 billion in loans. This money will be used to change some of their manufacturing plants around to make more hybrid cars. Tesla Motors is receiving $465 millions. Tesla is a unique case of the three that got money. Tesla makes an all electric car which has a battery that can travel over 200 miles on a single charge. Nissan received 1.6 billion.

Why are clean cars so vital to the green job movement?

Clean cars equal green jobs. Imagine turning all of the car manufacturing jobs into green jobs. Instead of having manufacturers make dirty gas guzzling cars, they are now making clean hybrid electric cars, and in the some instance, all electric vehicles.

These government loans, in a very short time, could turn the auto industry into the green car manufacturers of the world. Starting immediately the loan money will go to directly to hire workers to retool for the clean car industry. By 2012 not only will many jobs be created, it will also put a good amount of clean cars on our highways. There will be a lot more money given to more car companies very soon as Chrysler and GM slowly emerge from Chapter 11.