Monday :: Jun 23, 2008

Energy Gimmicks

by Mary

Today, John McCain announced a prize for producing a better battery. Joe Romm of Climate Progress asks if this is another way to funnel money into ExxonMobil's piggybank.


I keep seeing this ad on TV that says ExxonMobil has made a “real breakthrough” in lithium-ion batteries that pretty much solves the problem. You can watch their video here.

So is this battery prize idea just another way for McCain shuffle more money to the oil companies without actually lowing energy costs for consumers, like the gas tax holiday and the offshore drilling flip-flop

Joe also challenges readers to spot the other fundamental flaw in McCain's speech today. See what you think.

Mary :: 12:21 PM :: Comments (3) :: Digg It!