Republicans unhappy with incentives for hybrid and all-electric cars have proffered their own fossil fuel-inspired plan to spur innovation among automakers. Rep. Dan Lungren (R-Calif.) introduced this week legislation that would offer a $1 billion prize to the first U.S.-incorporated auto company that can sell 60,000 gasoline-powered cars that get 100 miles per gallon, The Hill reported.
The proposed bill, known as The Excellence in Energy Efficiency Act, H.R. 3872, follows other government shoot-for-the-moon type prizes. This one stands out because it focuses on gasoline and not next generation clean energy innovations.
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