A Prize for McCain

by William Yeatman on June 24, 2008

in Science

Speaking Monday at Fresno State University in California, Sen. John McCain put forward what may be the most promising and important energy-policy proposal of the campaign: a $300 million prize for the development of advanced battery technology. “In the quest for alternatives to oil, our government has thrown around enough money subsidizing special interests and excusing failure,” he noted. Yet rather than have Washington pick winners and losers from within the energy industry, McCain suggested that the government should reward innovation and actual achievement. “From now on, we will encourage heroic efforts in engineering, and we will reward the greatest success.”

Comments on this entry are closed.

Previous post:

Next post: