The Lexington Project is the name given to John McCain’s energy policy. Named after the town of Lexington, Massachusetts, it is symbolic of people asserting their independence – as the United States is now trying to become more energy independent.
McCain’s energy policy has six actions:
1. Expand domestic oil and natural gas exploration and production, use the U. S. reserves of natural gas to provide imm
ediate relief to consumers, and lift the ban on drilling in the Outer Continental Shelf so that offshore drilling can take place.
2. Use incentives to reform the transportation system. The first is a $5000 tax credit to consumers who buy a zero-carbon emissions vehicle. The second is a $300 million prize to any company that successfully develops a high powered vehicle battery package for the next generation of hybri