Apollo Alliance Endorses Automotive X PRIZE
Pasadena, CA-January 19, 2007 - The Apollo Alliance today endorsed the Automotive X PRIZE, a multi-million dollar global competition designed to inspire a new generation of super-efficient vehicles that dramatically reduce oil dependence and greenhouse gas emissions.
The Apollo Alliance issued the following statement:
"The Apollo Alliance endorses the Automotive X PRIZE and its goals to break our addiction to oil and stem the negative effects of climate change by inspiring a new generation of super-efficient vehicles. This grand challenge embodies the can-do spirit embedded in our nation's history, and further fuels the optimism and hope that the Apollo Alliance cultivates. We believe that the Automotive X PRIZE can play an important part in rejuvenating our nation's economy by helping to create the next generation of American industrial jobs and treating clean energy as an economic and security mandate to rebuild America."
The Apollo Alliance is a broad coalition within the labor, environmental, business, urban, and faith communities in support of good jobs and energy independence. It has been endorsed by the AFL-CIO and 23 international labor unions as well as a majority of national environmental organizations. The Alliance is developing public education campaigns and communications strategies to link allies and build a new national constituency for a bold, broad based, and immediate program of public policy to achieve energy independence. The Apollo Alliance is pursuing a $300 billion,public-private program to create three million new, clean energy jobs to free America from foreign oil dependence in ten years. It is a program that reinvests in the competitiveness of American industry, rebuilds our cities, creates good jobs for working families, and ensures good stewardship of both the economy and our natural environment.
The Automotive X PRIZE is a project of the X PRIZE Foundation, an educational nonprofit organization. Its mission is to create radical breakthroughs for the benefit of humanity. Based on the success of the $10 million Ansari X PRIZE, the foundation is widely regarded as the leading prize management institute in the world.
ABOUT THE X PRIZE FOUNDATION
The X PRIZE foundation is an educational nonprofit prize institute whose mission is to create radical breakthroughs for the benefit of humanity. On October 4, 2004, the X PRIZE foundation captured world headlines when Mojave Aerospace Ventures, led by legendary aircraft designer Burt Rutan and Microsoft Co-founder Paul Allen, built and flew the world's first private vehicle in space twice in two weeks to win the $10 million Ansari X Prize. The Foundation has since expanded its mission beyond space exploration to offer new prizes for breakthroughs in the areas of life improvement, equity of opportunity and sustainability. In October of 2006, the X PRIZE Foundation announced the $10 million Archon X PRIZE for Genomics, which will reward the first private effort to map 100 human genomes in 10 days, ushering in a new era of personalized preventative medicine. For more information please visit www.xprize.org or email us.