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X Prize: $100 Million For Clean Fuels

Publication Date: April 29, 2008
Source: Business Week
Author: Steve LeVine

The X Prize Foundation is dividing $100 million for innovative clean-fuel technologies says Business Week. Professor David Victor is quoted:

David Victor, a law professor and expert on alternative fuel at Stanford University says a resolution of the nation's energy problems would involve "a multidecade effort with costs today and benefits only in the more distant future—usually a losing formula for politicians."

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