McCain Proposes $300 Million Prize to Developer of “Super Battery”
On his campaign swing through the west, Sen. John McCain proposes awarding $300 million to the first developer of a battery technology that exceeds all known technology today. The package would have to be superior to any technology known today, to power plug-in hybrids or electric cars.
McCain is also focusing on alternative fuels, suggesting a $5,000 tax credit for every person who buys a zero-emission vehicle. He says that should level “the playing field for all alcohol fuels that break the monopoly of gasoline”.
