Energy

Barack Obama

Barack Obama says he will spend 150 billion in clean energy. He would do this over the next 10 years and make new fuel economy standards. Obama doesn’t support a gas tax holiday because he says that his experiences with it have caused the people and the state to lose money. He will give each family a $1,000 energy rebate straight from the oil companies. Obama wants to sell 70 million barrels of our reserve oil for cheaper crude oil. He wants to tax the oil companies profit.
Obama was against off shore drilling but now he is for lifting the ban on off shore drilling. Obama supports nuclear power and finding out how to make it safer. He also supports clean coal energy. He would make sure that all new cars can support future technology. He would make $4 billion in loans to manufacturers. This would be to make more fuel efficient cars. He would also put 1 million into making 150 mpg hybrids cars for America within the next 6 years. He would also give a $7,000 tax credit to people who buy fuel efficient cars. Obama would require that 10% of our energy is renewable.

John McCain

John McCain wants to make national energy that relies on americas workforce. He supports suspending the gas tax from Memorial Day to Labor Day. McCain doesn’t want to buy foreign oil during a time of hight prices. He doesn’t want to the tax on the oil companies profit. He wants to lift the ban on off shore drilling and give incentives to states that also lift the ban. McCain wants 45 new nuclear power plants by the end of 2030 and eventually making 1000 plants. He would also provide a safe storage of used nuclear fuel. He would also give $2 Billion every year to clean coal technologies. Would give a $300 million award for a small cheap battery for plug in hybrids. Wants car makers to make flex-fuel cars. Would give tax credits to the making of wind, solar and Hydro energy. Wants to make a plan to address the rapid climate change.
Posted by Mike