McCain offers $300 million prize for new auto battery
FRESNO, Calif. (AP) - John McCain says 300 million dollars is "a small price to pay for helping to break the back of our oil dependency."
That's the size of a government prize he is proposing for anyone who can develop a car battery that far surpasses existing technology. The prize would equate to $1 for every man, woman and child in the country. The presumed Republican presidential nominee announced his idea in a speech at Fresno State University in California. The Arizona senator also proposed stiffer fines for automakers who skirt existing fuel-efficiency standards, as well as incentives to increase use of domestic and foreign alcohol-based fuels such as ethanol. He would also offer U.S. automakers a $5,000 tax credit for every zero-carbon emissions car they develop and sell. (Copyright 2008 by The Associated Press. All Rights Reserved.) |
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Tuesday, Jun 24 at 7:56 AM Thomas H. Kisner wrote ...
The battery is already here. Altari Nanotechnologies of Reno, Nevada has developed a new version of the Lithium Ion battery and is supplying battery packs to Phoenix Electric Cars in Southern California. The battery packs they are supplying will power an electric car at highway speeds of 70-75 MPH for 4-5 hours and can be completly recharged in less than 1/2 hour. More details are available on the internet at altairnano.com.
4657664Monday, Jun 23 at 9:24 PM melissa painter wrote ...
i agree with what you have said. it is a small price to pay for that.however i dont under stand why you are offering 300 million dollars to anyone who can give you a new auto battery. that money should be put twards the education for our children. or even better it could be used to help the needy. you do with it what you will but thats just my opion.
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