Banking on Eco Projects With Big Stimulus Dollars

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Illustration by Asaf Hanuka

Can stimulus dollars turn into next-generation green tech?

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Back in the days of the Cold War, the U.S. government launched DARPA, the Defense Advanced Research Projects Agency, to jump-start military technology. Now the challenges are global warming and energy independence -- and the Department of Energy is tackling the new crises the same way: The Advanced Research Projects Agency -- Energy, or ARPA -- E, is funneling hundreds of millions of stimulus dollars into...