A Blog Called Hope

Posts Tagged ‘Energy’

Obama: Energy is a “National Priority”

Tuesday, August 5th, 2008

The newest ad from the Obama campaign highlights Senator Obama’s plans for energy in America

Tags: Barack Obama, Energy
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Sen. Obama on Energy

Monday, August 4th, 2008

Senator Obama stresses the need to break our dependence on foreign oil and enhance America’s energy infrastructure

Today, Senator Barack Obama outlined his energy plan for the United States. Central to his proposal is the need to shift away from America’s reliance on foreign oil and find alternative energy resources.

Senator Obama’s plan calls for tapping into our own oil reserves. In addition to the utilization of our reserves, Senator Obama set forth three steps to increase energy production and reduce the cost of energy for American consumers. These include:

Building fuel-efficient cars and have one million 150 mile-per-gallon plug-in hybrids on the roads within six years

Requiring that 10 percent of the country’s energy come from renewable sources by the end of his first term

Calling on businesses, government and the American people to meet the goal of reducing the demand for electricity 15 percent by the end of the next decade.

“To do this, we will invest $150 billion over the next decade … and leverage billions more in private capital to build a new energy economy that harnesses American energy and creates 5 million new American jobs,” Senator Obama explained.

In addition to his energy plan, Senator Obama expressed his support for windfall profits taxes on big oil that will provide $1,000 to people struggling with the high energy costs.

For more on this story visit, CNN.

To learn more about Senator Obama’s energy policy, visit BarackObama.com.

Here is the video from Senator Obama’s speech.