
John McCain is putting money where his energy mouth is: he's just announced he's proposing
a $300 million government prize for the successful development of a car battery that far surpasses existing technology. The prize haul is equal to $1 for every man, woman, and child in the country, which he says is "a small price to pay for helping to break the back of our oil dependency."
If you're thinking about entering, the winning 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."

In the ever complicated environmental tussle between clean fuel and responsible use of resources the differing opinions over the use of biofuels has produced an interesting contrast of ideas — fueled by Ethanol.
Sean Penn, actor/activist has just initiated a
cross-country trek using a fleet of biodiesel buses carrying about 300 people that will burn the corn fuel for 1,800 miles from the Coachella Valley Music & Arts Festival and ending in New Orleans for the annual jazz festival. Penn appeared twice yesterday at Coachella.

It's no secret that gas is completely expensive. This week the news about it has been a gusher. Big Oil execs were called
in front of Congress to explain the hit we're all taking at the pump.