Summary
WHAT WOULD happen if the United States were to offer a $1 billion prize for the first American automaker to sell 60,000 midsized sedans that could travel 100 miles on one gallon of gasoline?
It wouldn't be a panacea for our energy problems, but it would stimulate the development of viable technologies to reduce oil consumption while we develop alternatives to petroleum.See the full content of this document
Extract
A 100-Mpg Car? Let's Start a Race
There is a long history of offering prize money for important inventions. As Amory Lovins and E. Kyle Datta point out in "Winning the Oil Endgame," the Orteig P...
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