III 110th CONGRESS 2d Session S. RES. 486 IN THE SENATE OF THE UNITED STATES March 14 (legislative day, March 13), 2008 Mr. Bingaman (for himself, Mr. Lugar, Ms. Stabenow, Mr. Domenici, Mr. Levin, Mr. Brown, Mr. Ensign, Ms. Cantwell, and Mrs. Lincoln) submitted the following resolution; which was considered and agreed to RESOLUTION To congratulate the X PRIZE Foundation for their efforts to inspire a new generation of viable, super-efficient vehicles that could help break the addiction of the United States to oil and stem the effects of climate change through the Automotive X PRIZE competition.

Whereas the United States is heavily dependent on foreign sources of oil that are concentrated in tumultuous countries and regions; Whereas the national security and economic prosperity of the United States demand that the United States moves toward a sustainable energy future; Whereas the ability of foreign governments to assert great control over oil production allows unfriendly regimes to use energy exports as leverage against the United States and allies of the United States; Whereas continued reliance on the use of greenhouse gas intensive-fuel may have significant economic and political impacts as the effects of global climate change take hold; Whereas the transportation sector is heavily dependent on oil, which makes the people of the United States vulnerable to oil price fluctuation and is a major source of greenhouse gas emissions; Whereas many promising technologies exist that could lead to a breakthrough vehicle that will meet the need for sustainable transportation; Whereas breakthroughs are often achieved by the free market fueling the entrepreneurial spirit of inventors and investors; Whereas the Automotive X PRIZE is a private, independent, technology-neutral competition being developed by the X PRIZE Foundation to inspire a new generation of viable, super-efficient vehicles that could help break the addiction of the United States to oil and stem the effects of climate change; and Whereas the Automotive X PRIZE will award a multi-million dollar purse to teams that can design, build, and demonstrate production-capable vehicles that achieve 100 miles per gallon of fuel or an equivalent: Now, therefore, be it

That it is the sense of the Senate that the Senate— (1)commends the leadership of the X PRIZE Foundation for their efforts to inspire a new generation of viable, super-efficient vehicles that could help break the addiction of the United States to oil and stem the effects of climate change through the Automotive X PRIZE competition; (2)congratulates the X PRIZE Foundation on the innovation and vision of the Foundation to bring together some of the finest minds in government, nongovernment, institutions of higher education, and industry to advise and participate in the Automotive X PRIZE competition; and (3)applauds the ongoing commitment of the X PRIZE Foundation for encouraging solutions to some of greatest challenges facing humanity, as exemplified in the Automotive X PRIZE.