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Dow's George Hamilton discusses company's bid for DOE battery funding

The Obama administration recently allocated $2.4 billion in funds for advanced battery research and manufacturing, sparking a competition for the money among the nation's top technology firms. During today's OnPoint, George Hamilton, vice president of government markets at the Dow Chemical Co., discusses his company's proposal for DOE's battery funding. Hamilton discusses the role of government in shaping the future of the advanced battery industry. He also talks about the viability of advanced battery technology and addresses concerns about the cost of U.S.-made lithium-ion batteries.