Freedom Prize and Department of Energy Announce Freedom Prize Awards

The Freedom Prize Foundation and the U.S. Department of Energy (DOE) today unveiled the Freedom Prize, the first competition of its kind that will direct more than $4 million to reward and encourage efforts to
reduce U.S. dependence on foreign oil and enhance the nation’s security, economic prosperity and health.
The Freedom Prize Foundation also announced the primary categories for the awards, and introduced its Advisory Council, a top-notch group of energy, environmental, and public sector experts that will help guide the development of the Freedom Prize. Joining the Freedom Prize Foundation and the DOE for today’s announcement on Capitol Hill are U.S. Senator Jeff Bingaman (D-New Mexico), Chair of the Energy and Natural Resources Committee, Senator Pete Domenici (R-New Mexico), ranking member of the committee, and Assistant Secretary Andy Karsner (DOE Energy Efficiency and Renewable Energy). The Freedom Prize was established by the Energy Policy Act of
2005 which authorized the DOE to support the Freedom Prizes.
“Our reliance on oil poses a significant risk to our nation’s security, economy and health,” said Freedom Prize Chairman and co-founder Jack Hidary. “it doesn’t have to be this way.
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