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McCain to Propose Prize For New Auto Battery
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| McCain to Propose Prize For New Auto Battery
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| zimmie |
McCain to Propose Prize
For New Auto Battery
Associated Press
June 23, 2008 12:51 p.m.
PHOENIX -- John McCain hopes to solve the country's energy crisis with cold hard cash.
The presumed Republican nominee is proposing a $300 million government prize to whoever can develop an automobile battery that far surpasses existing technology. The bounty would equate to $1 for every man, woman and child in the country, "a small price to pay for helping to break the back of our oil dependency," Mr. McCain said in remarks prepared for delivery Monday at Fresno State University in California.
Mr. McCain said such a device should deliver power at 30% of current costs and have "the size, capacity, cost and power to leapfrog the commercially available plug-in hybrids or electric cars."
The Arizona senator is also proposing 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.
In addition, a so-called Clean Car Challenge would provide U.S. automakers with a $5,000 tax credit for every zero-carbon emissions car they develop and sell.
"In the quest for alternatives to oil, our government has thrown around enough money subsidizing special interests and excusing failure," said excerpts from Mr. McCain's prepared text. "From now on, we will encourage heroic efforts in engineering, and we will reward the greatest success."
The proposal comes as gasoline has reached a record cost of more than $4 a gallon. That has boosted the price of virtually all goods and services, sent commuters flocking to public transportation and increased tensions between the U.S. and its Middle Eastern oil suppliers.
Last week Mr. McCain suggested one way to ease supply concerns would be to lift a federal ban on offshore oil drilling if individual states want to allow it. His Democratic rival, Sen. Barack Obama of Illinois, opposes that idea, saying it would do nothing to address immediate price concerns.
On Sunday, Mr. Obama told a Washington audience he would strengthen government oversight of energy traders whose futures speculation he blames in large part for the skyrocketing price of oil.
In his latest speech, Mr. McCain expressed exasperation both with the federal government and the private sector. He said rising costs during a time of stagnant wages evokes the 1970s era of "stagflation."
Without blaming his fellow Republicans in the Bush administration directly, Mr. McCain said: "It feels the same today, because the unwise policies of our government have left America's energy future in the control of others."
The pork-barrel opponent also blasted "a hodgepodge of incentives" for the purchase of fuel-efficient cars.
"Different hybrids and natural-gas cars carry different incentives, ranging from a few hundreds dollars to four grand. They're the handiwork of lobbyists, with all the inconsistency and irrationality that involves," Mr. McCain said.
Following the speech, Mr. McCain was scheduled to attend fundraisers in Fresno and Santa Barbara, part of a money push that helped the senator raise a personal record of $21 million last month. |
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| Tomofnnh |
F batteries.
We have what it takes to have all our cars run on water (HHO) Who is stopping this? |
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| jigzaw |
| While this is very nice and I like to see incentives for alternative energy, I think it's just campaign pandering that would not be followed up on if he's elected. The Republicans are too entrenched in Old Oil to pursue any meaningful alternative. Bush is whining about more drilling now, but his entire presidency has been an exercise in the government intervening to discourage new discoveries in non-petroleum energy. |
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| Zoomies |
Quote: Originally posted by Tomofnnh
F batteries.
We have what it takes to have all our cars run on water (HHO) Who is stopping this? |
No readily available source of hydrogen and no distribution. That will stop it every time. |
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| WillowGlen |
He can "propose" all he wants. He will never be in a position to decide anything other than whether or not to run for the Senate again next time.
What a shock that the Rep parties answer would be to throw tax money they dont have at something. Is nice that he can come to California, pander to the green crowd, have a fundraiser and then fly back to Kansas to attack us as evil Left Wing Hollywood Liberals with San Francisco values. |
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| Tomofnnh |
Quote: Originally posted by Zoomies
No readily available source of hydrogen and no distribution. That will stop it every time. |
I'm talking about water (see new Honda car) |
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| zimmie |
Quote: Originally posted by Tomofnnh
I'm talking about water (see new Honda car) |
you mean H2O...?....hmmm |
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| zimmie |
Quote: Originally posted by Tomofnnh
I'm talking about water (see new Honda car) |
why wait for a Honda?.......Anderson Cooper, CNN's most reputable reporter will sell you three manuals to do it now!!!
maybe Billy Mays will double your order!!!!
http://www.carwaterkit.com/?gclid=C...CFQo2GgodS3ZbVw |
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| jetdog |
| More gimmickry from a out of touch desperate old fart. Billions have already been put into developing battery technology. The industry will laugh at him. So stupid. |
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| zimmie |
| Gee, last week we heard "big oil" had paid off Detroit not to develop new technology....now we're hearing billions have been spent on it........you guys need to get your stories straight...... |
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| jetdog |
| Yes, try watching "Who killed the Electric Car" and YES, every car manufacturer in the world is developing battery technology right now, why you would question this? McCain and his Lobbyist Campaign are just throwing whatever they can against the wall to see what sticks. And none of it is. |
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| Jano |
Why doesn't McCain use his own money for the prize.
He is after all, one of the richest Senators in the world.
Which also makes it a mystery why he claims to be 100% disabled, and has taken over a million dollars from the defense budget in disability payments, but yet he also claims to be perfectly healthy.
McCain seems to think the public treasury is his own piggy bank. |
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| 1-09-2006 |
| He needs two for his earing aids. |
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| Zoomies |
Quote: Originally posted by Tomofnnh
I'm talking about water (see new Honda car) |
The Honda FCX does not run on water. It is filled with hydrogen from a hydrogen filling station the exhaust byproduct is water. |
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| ICE CUBAN |
| Very sad. Zimmie, your love of government give aways is sickening you fucking liberal. |
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