Georgia’s Rivian Plant Subsidy Recognized as 2022’s “Worst Economic Development Deal of the Year” by the Center for Economic Accountability

Published December 27, 2022

Source: Center for Economic Accountability

Insufficient due diligence, speculative returns, lack of concern for local impacts and convoluted structure set project apart in a historic year for corporate welfare megadeals.

Georgia’s $1.5 billion subsidy of a Rivian electric vehicle assembly plant has been selected as the “Worst Economic Development Deal of the Year” for 2022 by the Center for Economic Accountability (CEA). This award recognizes a state or municipal government subsidy of a private company that best exemplifies the massive wastefulness and ineffectiveness of government economic development subsidy programs.

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