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”.
It seems like McCain is jumping from one side of the fence to the other in his campagin. Last week he sided with President Bush, calling for resumption of off shore drilling, now he’s beating the drum for alternative fuels.
And let’s not forget McCain’s call for 45 more nuclear reactors by 2030.
I’m confused. Could he be appealing to those who hear only what they want to hear? That might cover both bases and get a few more votes.
Meantime, Senator Barak Obama opposes the idea of offshore drilling, saying it won’t answer the immediate problem facing motorists around the world. He blames, in part, the speculation of energy traders for the upswing in oil prices.
Source Material: ABC