Harnessing Private Enterprise
The X-Prize was an awesome way to encourage private companies’ exploration of techonoligies for low-cost space exploration.
Environmentalists like to promote solar power, but solar power’s expense, unreliability, and low output have made it a loser in the marketplace.
If ever elected to the Senate, I will introduce the Smallholder Solar Prize Bill to my colleagues. It will simply establish a billion dollar prize for the first company to develop a reliable cheap, powerful solar technology. The standard would be something like producing an average of x watts per day over a year of variable weather at a cost of lower than $y per watt.