« Oshkosh Ethanol Plant Settles Pollution Lawsuit | Home | From Prayers To Ethanol, Events Prove Times Are Still A-Changin’ »
McCain Proposes A $300 Million Prize For A Next-Generation Car Battery
By Mr Ethanol | June 25, 2008
New York Times:
In the 18th century the British offered a £20,000 prize to anyone who figured out how to calculate longitude. More recently, Netflix offered a million dollars for improving movie recommendations on its Web site. Now Senator John McCain is suggesting a new national prize: He said here Monday that if elected president he would offer $300 million to anyone who could build a better car battery.
The high cost of gasoline - a gallon of regular was selling for $4.65 at a gas station near California State University, Fresno, where Mr. McCain spoke - has made energy policy a big issue in this year’s presidential campaign, and barely a day has passed recently without one of the candidates weighing in with new energy policies, proposals and attacks on opponents.
Mr. McCain, of Arizona, alienated some environmentalists last week during a speech in Houston when he dropped his opposition to allowing offshore drilling for oil; this week, in a swing through California, he spoke about trying to wean the nation from its dependence on oil. He called for improving the enforcement of fuel economy standards, building more cars that could run on alternative fuels, dropping the tariff on imports of sugar-based ethanol from Brazil and offering big tax credits for nonpolluting cars.
“I further propose we inspire the ingenuity and resolve of the American people,” Mr. McCain said, “by offering a $300 million prize for the development of a battery package that has the size, capacity, cost and power to leapfrog the commercially available plug-in hybrids or electric cars.”
Photo: LM Otero / Associated Press.
Topics: Cars, Ethanol, Legislative, News |
Related Posts
- McCain Drinks A Glass Of Ethanol Every Day
- The Volt: An Electric Car That Could Change Everything
- Car Makers Go Green At New York Auto Show
- Ethanol Gets Mention During Debate And Divide Rural Opinions
- RPT-Iowa Venture Capitalist Sours On Ethanol
- Green Options Fuel Future
- Energy Subsidy Dreams
- Blair Lands 100-Worker Ethanol-Related Plant
- Ethanol Operator Fittipaldi To Drive E85 Indy Pace Car
- TAC Stark, A Brazilian Off-Roader That Runs On Ethanol
New Way Of Making Easy Money Online