Tuesday, November 18, 2008

Stump Speech for "The Energy Independence X PRIZE"

Localthinktank, creator of "The Energy Independence X PRIZE" video finalist to the "What's Your Crazy Green Idea?" Video Contest, has written a blog entry explaining his idea, and why he thinks it will make a good X PRIZE.

To vote for your favorite Crazy Green Idea, visit our voting page: http://www.xprize.org/crazy-green-idea

We'll have more "Stump Speeches" from the other finalists soon!


"The Energy Independence XPrize is the idea that will affect the greatest number of people around the world and help solve the most pressing and important issues of our time.

Energy is the life blood of the world. Our progress as a society rises and falls on our ability to effectively and safely create and use energy. This is the most revolutionary Xprize idea because it provides 3 fundamental benefits:

1. Energy Independence: The ability to create and produce large amounts of energy in a confined space will not only directly benefit the average family (in this case in their monthly budget by creating a completely energy independent home), but open the door to many areas, including but not limited to:

A. Community and Cities: The blackouts that so plaque large cities like Los Angeles (and cost billions in lost productivity) will become a thing of the past as the technologies developed from this Xprize are expanded to cover larger and larger areas.

B. 3rd world development: Communities in 3rd world countries that currently do not have access to power due to infrastructure and transmission costs will, through this Xprize, be able to develop and grow in ways that will benefit millions around the world.

C. So many other benefits: If each home had an independent supply of power, how much easier would it be to create and sell electric cars? How much pollution would that reduce? The potential benefits are staggering!


2. Safeguard against the effects of Natural Disasters and Terrorism: In this age where terrorism and natural disasters are now commonplace worries, having decentralized power is not only critical for national security, but to the social and financial health of all nations. When hurricane Katrina devastated New Orleans, one of the worst problems was that when the centralized power grid went down, it shut down all the water filtration stations, water pumps and hospitals in the city. If every pumping station, hospital, and home in the future is individually powered, it will make a huge difference in the outcome of these disasters.

3. 20% Reduction in Nationwide pollution levels: Balancing the effects of pollution and Energy creation is an issue that affects us all. The United States has been hesitant to enter into the 1997 Kyoto agreement in large part because the 33 percent reduction in pollution levels would have directly affected the economy. Residential pollution accounts of over 20% of the nations’ pollution level. An Xprize that helps to eliminate this is something that needs to be taken seriously.

When Spaceship One crossed the threshold of space, we saw a small company do two things that many thought could not be done. We saw a quantum leap in both technology and cost reduction in a field that badly needed both. This Xprize will create leaps in technologies that control Energy Creation, Storage and Transmission. Vote for the Energy Independence Xprize and make a difference that will ultimately affect you, your family, your community and the world!

LocalThinkTank.

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