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March 26, 2006

other tech: $100 million for prizes to a hydrogen economy

U.S. Rep. Bob Inglis, the South Carolina Republican who chairs the House Science Committee's research subcommittee, proposes three categories of competition:

* Up to four prizes would be awarded for the best technology advancements in hydrogen production, storage, distribution and utilization.
* A prize would be awarded for the best working prototype in a category using hydrogen technology.
* The grand prize would be reserved for "transformational technologies that meet or exceed far-reaching objective criteria in hydrogen production and distribution to the consumer."

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