June 23rd, 2008
11:45 AM ET
6 years ago

McCain plan: $300 million prize for better car battery

(CNN) - Sen. John McCain is expected Monday to call for a $300 million prize for innovation that would help the U.S. decrease its reliance on oil, a day after his rival for the presidency called for greater oversight for energy traders.

Oil and energy are expected to be on the agenda as McCain campaigns in California and Sen. Barack Obama speaks in New Mexico on Monday.

WATCH John McCain's $300 million incentive

McCain, during a town hall-style meeting at Fresno State University, is expected to propose a $300 million prize for whoever can develop an automobile battery that "has the size, capacity, cost and power to leapfrog the commercially available plug-in hybrids or electric cars."

Full story


Filed under: John McCain
soundoff (166 Responses)
  1. velmeezee

    Is he serious??? Let's turn our energy crisis into a gameshow with a 300 million dollar prize to the winner! Whoopee. John McCain seems to think that our nation is a stage and that our lives are just a big reality show. What we need is to stop playing games. The technlogy is already out there and no booby prize is needed if its use is made mandatory.

    June 23, 2008 02:44 pm at 2:44 pm |
  2. USAF Staff Sergeant

    Everybody should find a copy of the Documentary "Who Killed the Electric Car", it's amazing.

    They had the ability years ago to produce electric cars that could go 300 miles on a charge, yet the car companies chose to only use weaker batteries that could only get about 100 miles per charge.

    The problem isn't the lack of ideas or technology, it's the amount of power oil companies have, and the greed of car manufacturers. (Traditional cars have so many parts that breakdown, parts the manufacturer sells.)

    June 23, 2008 02:45 pm at 2:45 pm |
  3. A Republican giving away taxpayer money??!

    Ok, when does this so called 'Republican' less spending start?!?!

    Oh I know, when we ELECT A DEMOCRAT!!!

    Fix the mess VOTE DEM!!!

    June 23, 2008 02:45 pm at 2:45 pm |
  4. G-Man

    Is that all you can come up with???? NASA landed man on the moon long time ago. Fund the agency and am pretty sure they can do it.

    June 23, 2008 02:45 pm at 2:45 pm |
  5. CW4Barak

    What a stupid scam.....watch now and see how those money hungry idiots are going to spend their times trying to come up with the "answer" when they areen't even smart enough to tie their shoe laces....McBush knows none of you have the answer, but by sending off on a wild goose chase you will forget to concentrate on the real issues and realised that McBush has not energy policy that will help anyone of us right now!

    June 23, 2008 02:45 pm at 2:45 pm |
  6. Nate

    And can we please have the oil companies supply the $300 million prize money instead of the taxpayers?

    June 23, 2008 02:47 pm at 2:47 pm |
  7. baljeet

    Obama is like a used car salesman he can sell it but doesn't know how to fix it. Atleast Mccain has a plan. I was going to vote for Hillary but for the first time in my life i will be voting for Mccain. DNC has a lot of explaining to do.

    June 23, 2008 02:48 pm at 2:48 pm |
  8. Chris in Texas

    Didn't we already invent this technology??? Oh yeah, it was swept under the rug along with 9/11 evidence by the Bush Administration to give his oil buddies RECORD PROFITS!

    June 23, 2008 02:48 pm at 2:48 pm |
  9. obama supporter

    Bill clinton offered similar prize to a car that would get 75mpg.

    June 23, 2008 02:49 pm at 2:49 pm |
  10. It's a done deal

    It's great idea. Wait, Obama proposed this kind of incentive during a debate last year. Oh well, it doesn't bcome a bad idea becuase it's his opponent's idea, I just think 300 million is over the top. Does he really believe a comany would say, "100 million is not enough, if they would have made the prize 300 million, we would go for it". I am not sure what the right amount is, but 1/3 of a billion dollars of our tax dollars sounds overly generous.

    June 23, 2008 02:50 pm at 2:50 pm |
  11. Crush Rush

    Big Oil is already sitting on the technology.They bought up the patents for anything that is better than oil.This is just another gimmick by the Republicans trying to make you think "bright and shining new car instead of going after the oil speculator crooks like himself.

    June 23, 2008 02:51 pm at 2:51 pm |
  12. unions are not stupid

    What a joke! This man has no clue at all! I can not believe he is even bothering He needs to fire everyone working in his campaign they have plans on getting him elected what so ever they are just pushing him under the bus so that Jeb bush can run in the next election against Obama the republicans know there not going to win this one so they are saving there nickles and dimes waiting for another bush to come along.John Mc Cain 2000 and John Mc Cain 2008 are totally different people. When he won his primary season the GOP took over his campaign and he said yes sir! when Sen Obama won his primary battle against a much stronger opponent he stepped in and took over the DNC and started his plans of change. These fake hillary supporters on here trying to make alot of noise. If you love her so much than why are you not helping pay off her debt? huh? exactly they are the same GOP fear mongering rush listing slim that voted for her in the primaries. They care nothing about our country or democracy! It is the same people day after day posting the same trash never changes and not a word of truth in any of there trash.

    June 23, 2008 02:52 pm at 2:52 pm |
  13. Enlightened Voter -

    I'm sorry mr. mcnuts, but who is supposed to front that $300 million? and how?

    June 23, 2008 02:53 pm at 2:53 pm |
  14. tammie

    Where's Mcain getting the money from?

    June 23, 2008 02:54 pm at 2:54 pm |
  15. Megan

    Where's the $300M come from? Sounds like a gimmick to me.

    June 23, 2008 02:54 pm at 2:54 pm |
  16. chicago chris

    As someone commented on FauxNews, since the $300 million is being paid by the taxpayers, is any patent or copyright coming from this going to be the public's right to use for free? Otherwise we are letting these people double dip. I personally think the $300 million would be better for light rail development.
    Also, is McSame jsut throwing out every idea he can think of to see which gains traction?
    1. $300 million should go to light rail
    2. gas tax break would further deteriorate our roads
    3. drilling in ANWR woudl benefit big oil by giving them tons of tax breaks, letting them profit off our land and gouge us at the pump, with no guarantee for cheaper gas prices
    4. we need to break our addiction to buying all this crap made with petroleum (plastic "crap")

    June 23, 2008 02:54 pm at 2:54 pm |
  17. John McCain-McFlip-Flop-McBush is no "maverick"

    This isn't a game show, so let's do away with all the gimmicks, O.K.?!

    June 23, 2008 02:55 pm at 2:55 pm |
  18. Justice League

    McCain, once again proving definitively what a bumbling deluded fool he is. Why don't you propose $300 million to improve public transportation, as Europe, Japan, and Australia have? Your battery idea is beyond ridiculous! We need real answers to real problems now, not more foolish and insane ideas. I hear there's good fishing in Iowa, maybe you should go back.

    June 23, 2008 02:55 pm at 2:55 pm |
  19. DT

    Who cares, she's only involved because she has to pay off her debt, and she doesn't want to come out of her own pocket. My question is why she's not in Ohio, Kentucky, PA, TN, etc. They were crazy enough to vote for her, let them pay off this millionaire's debt. Why should Barack supporters pay Hillary's debt. She mismanaged millions now she's got her hand out for someone else to pay.

    I say no way will I ever pay for a selfish, self-centered spoil brat's bill. Speaking of bill, let Bill pay for it. Send him on the redneck talk circuit to pay Hillary's bills.

    June 23, 2008 02:55 pm at 2:55 pm |
  20. Kenneth M

    HOW INOVATIVE. I SEE THE FACT THAT OBAMA IS IN THE RACE IS ELEVATING THE LEVEL MCCAIN IS PLAYING AT. IF THIS PLAN WORKS IT WILL HELP GET US OFF OIL. GOOD MOVE MCCAIN. I ONLY HOPE OBAMA CAN COME UP WITH AN EVEN BETTER PLAN. WHEN POLITICANS COMPETE CITIZENS WIN.

    June 23, 2008 02:56 pm at 2:56 pm |
  21. Theresa

    McCain, how do you pay $300 million with?
    Do you realize that we are almost $ 9 trillion in debt?
    Why don't you fix failing economy & education first and worry about cars later?
    Hello....does anybody in the senate or congress have a proposal for the solutions? I guess not, they are too busy thinking about earmark projects.

    June 23, 2008 02:56 pm at 2:56 pm |
  22. Debra Austin, Texas

    If this is representative of the great new ideas McCain has to provide solutions for America's energey problem, just expect the same open door for the oil company robbers and hostile Arab countries to hold Americans hostage and steal even more money.

    To think there aren't hundreds if not more real engineers looking into creating a substitute for the gas run car is outrageous. But I guess McCain thinks some Tom, Dick or Harry on the street corner is going to come off their couch and solve 'this one'. And for a whopping $300 million dollars.

    This guy is truly from the early 20th Century. If you're looking for a change, this IS NOT your guy. Geesh.

    June 23, 2008 02:56 pm at 2:56 pm |
  23. Ed, Santa Fe NM

    what a stupid lotto-type idea.... more flash from McBush and no substance....

    get a clue, McBush: go after corporate gougers....

    June 23, 2008 02:57 pm at 2:57 pm |
  24. Kenneth M

    BY THE WAY, WHERE IS THE $300 MILLION COMING FROM?

    June 23, 2008 02:57 pm at 2:57 pm |
  25. Dennis

    Just as I thought, another gimmick. McSame doesn't have any plans. This is just a detractor to distract the American public from realizing that McSame doesn't have an energy plan. It won't work, and Barack will be our next president.

    McSame tried to serve us the gas tax and we kicked that to the curb, now he's coming back with this new smoke and mirror idea. Sorry, we're smarter than a fifth grader.

    June 23, 2008 02:58 pm at 2:58 pm |
1 2 3 4 5 6 7