Unless you’ve been hiding under a rock, you’ve heard about the presidential campaigns going on. And with the gas prices being at the top of the list of issues right now, both candidates have their own solutions. Following are some of their ideas.
John McCain
The most talked about solution comes from Senator John McCain. He proposed a “$300 million prize for the development of a battery package that has the size, capacity, cost and power to leapfrog the commercially available plug in hybrids or electric cars.” In short, this basically refers to a battery that costs only about one-third of the current costs for the same type of battery. McCain announced his idea during a campaign speech in California last month. He’s also encouraging a “clean air challenge” for domestic automakers. He wants to give car buyers a $5,000 tax credit when they purchase a zero-emissions car.
Barack Obama
The senator from Illinois also has some ideas about fighting gas prices. His ideas aren’t as short-term as McCain’s, but they are just as promising. “We’re not going to bring down gas prices easily, quickly. The only way to do it is to reduce demand over the long term in a serious way.”
Analysts say there isn’t much that we can do in the near future to help the situation. However, Nissan is launching an electric car in the United States within the next two years. In 2010, you can be part of the solution to the fuel crisis by visiting your local Nissan dealer and buying an electric car. If it catches on, that’s going to be one of the best solutions around!
