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McCain Proposes New Incentives to Expedite Fuel Efficiency
Jun 23rd, 2008 by Administrator |

Bloomberg: John McCain, calling for “a swift conversion of American vehicles away from oil,” says he will give consumers thousands of dollars in tax credits for buying vehicles that emit little or no carbon dioxide. The presumptive Republican presidential nominee today also will propose a $300 million prize for the development of a battery with sufficient capacity and power to “leapfrog” those that now fuel plug-in hybrids or electric cars. In remarks scheduled for delivery at a …

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