Posted on 9-5-2003
Lieberman
Runs On Oil
By J.R. Pegg
WASHINGTON, DC, May 7, 2003 (ENS) - Democratic presidential
candidate Joe Lieberman proposed a billion energy plan today
that he says would cut U.S. dependence on foreign oil by two
thirds within 10 years and would improve the nation's environment.
The plan calls for increased fuel economy standards, more renewable
energy use and a $15 billion investment in clean coal technology,
Lieberman said, and will allow the nation to seize control of
its energy future.
"For too long our economy and our security have been at
the mercy of foreign oil producers," Lieberman told today's
audience at the Washington D.C. headquarters of the environmental
think tank Resources for the Future.
Lieberman said his plan will make the nation's air cleaner and
its citizens healthier. "But more than that, our nation
will be more secure and our economy stronger," he said.
Currently a U.S. Senator from Connecticut, Lieberman is one
of nine Democrats vying for the party's nomination to face Bush
in the 2004 election. In 2000, Lieberman was the party's nominee
for Vice President.
In his speech, Lieberman criticized President George W. Bush
for focusing on increased domestic oil and gas production and
inviting "oil companies to write his energy policies."
The President has done nothing to reduce the nation's demand
for oil even as the risks from growing foreign dependence become
increasingly apparent, Lieberman said. At the center of Lieberman's
plan is a new approach to the issue of fuel economy. The low
fuel economy of many of the nation's cars and trucks is a leading
contributor to a growing demand for oil, but efforts to increase
federal standards have failed. "For too long we have been
caught in a stale debate between those who say that fuel efficiency
standards and unachievable and those who want to micromanage
the actions of individual automobile manufacturers," Lieberman
said. "That debate has gotten us nowhere." Under his
plan, Lieberman calls for a market based approach through a
national fuel efficiency standard that would set the goal of
reducing oil consumption by two million barrels of oil a day
by 2015.
Automakers should be afforded flexibility in meeting this goal,
Lieberman says, and could receive pollution credits for exceeding
minimum standards that could be traded between automakers. "In
the old system, companies that figured out how to cut corners
were rewarded," Lieberman said. "In the new system,
those who figure out how to cut pollution will be rewarded."
The plan calls for the nation to make smarter use of its existing
natural energy resources, Lieberman said, and the "centerpiece
of this goal" is a $15 billion investment over 10 years
into cleaner coal technologies.
The United States has a 200 year supply of coal, Lieberman explained,
and new technologies show promise in allowing cleaner use of
a traditionally dirty fuel.
The plan puts particular focus on Integrated Gasification-Combined
Cycle technology, which Lieberman says can turn coal into clean
burning hydrogen. The byproduct from this process - carbon dioxide
(CO2) - can be disposed of by "injecting it deep underground,"
Lieberman said.
"Coal has been an integral part of our past and with this
investment we can make it an important part of our future,"
Lieberman said. "I believe we can protect, and even create,
jobs in the hard hit coal production regions of our nation."
Yet many scientists are wary of sequestering CO2 underground
inside coal seams and fields of briny water. They say it is
uncertain if the gas could be contained and believe large amounts
of CO2 could force millions of gallons of salty water to the
Earth's surface. Some argue the concept is at best a short term
solution but President Bush is also a believer and has pledged
$1 billion for development, including several million dollars
for studying sequestration.
Lieberman says his plan is much more aggressive than the President's,
as is his proposal to speed the deployment of new, clean technologies
through a $6.5 billion research and development program to create
fuel cells. Although fuel cell technology is another item touted
by the Bush administration, Lieberman's plan is some five times
what Bush has earmarked for fuel cell research and has a goal
of 100,000 fuel cell vehicles on the road by 2010 and 2.5 million
by 2020. Lieberman says he would give tax breaks for hybrid
and natural gas vehicles and would set a renewable portfolio
standard that would mandate electric companies purchase 20 percent
of their energy from renewable sources by 2020. Lieberman criticized
Bush for pulling the United States out of the Kyoto Protocol
and said it has caused "one of the most serious breaks
between America and the rest of the world." "We need
to rejoin the world in working on a global problem that we contribute
to more than anyone else," he said. "This would be
one of the best things the U.S. could do reconnect with the
rest of the world on a number of issues."
The nation can improve its energy independence without harming
the environment or ruining public lands, Lieberman said, and
he slammed Bush for continued efforts to open the Arctic National
Wildlife Refuge (ANWR) to oil drilling. "To have ANWR as
the centerpiece of an energy plan is outrageous," Lieberman
said.
New drilling on the Outer Continental Shelf is also off limits
in the Lieberman plan.
There is a role for public lands in energy development, Lieberman
said, but these decisions need to be held to "a higher
standard" than that is used by the current administration.
"George W. Bush is blind to reality. The central, unavoidable
fact is that we use 25 percent of the world's oil but possess
only two to three percent of its reserves," Lieberman said.
"We can drill all we want, but the well will soon run dry
and our economy will be left running on fumes."
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