Bosse For Congress - Bosse Statement on John McCain Energy Incentive Plan

Republican Congressional Candidate Grant Bosse statement on John McCain's Energy Incentive Plan


"I'm pleased that John McCain is proposing an incentive-based approach to create new energy breakthroughs, much as I proposed last month. Rather than wasting tax dollars through Congressional earmarks, we should reward those who can produce results. The X-Prize got results in private space flight, and similar incentives could lead to remarkable breakthroughs for efficient and renewable energy. John McCain should be applauded for embracing this innovative, market-based approach to energy research."

Bosse called for an X-Prize Program for new energy breakthroughs as part of his comprehensive Energy Plan on May 22nd.

Sen. McCain offers $300 million prize for new auto battery


PHOENIX (AP) - 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," McCain said in remarks prepared for delivery Monday at Fresno State University in California.

McCain said such a device should deliver power at 30 percent of current costs and have "the size, capacity, cost and power to leapfrog the commercially available plug-in hybrids or electric cars."

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