Obama: Use Oil & Gas Lease Dollars To Fund Gasoline-Free Cars

GreenCarReportsby John Voelcker
Green Car Reports
March 15, 2013

…According to reports in The New York Times, Scientific American, and other sources, President Obama will announce the plan during a speech today at Argonne National Laboratory, outside Chicago.

While he first floated the idea during his State of the Union address in January, the proposal will flesh out the details of the subjects to be funded.

Those include additional research on advanced battery chemistries and materials technologies, a broad array of biofuels initiatives, and broader studies on ways to improve the efficiency of all automobiles.

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