On McCain’s Battery Prize

From Reason.tv:

Paying $4 for a gallon of gas is a drag, but what may be worse is listening to White House wannabes who promise to rescue us from our misery.

Take Senator McCain’s recent proposal to offer a $300 million cash prize to the inventor of a car battery that can out-green 100-mpg plug-in hybrids. Is McCain’s money pile really necessary to spur our nation’s geniuses to get it together and invent an ultra-efficient car? reason.tv’s Ted Balaker thinks not.

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