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On energy policy, we need to change fast, or sink slowly. I am issuing a call to action, for Congress, the energy industry, and the public. I am calling for a new American revolution – an energy and climate revolution. People in politics and industry might say it can’t be done. My goals are too lofty. I am not comparing myself to JFK, but I know A+ TRAINING that when he challenged Americans to reach the moon in 10 years, America responded by saying, “How can we help?” We didn’t say, “It can’t be done.” I bring experience and a record of accomplishment to this challenge. As Governor of New Mexico, I have put renewable energy requirements in place, supported generous solar tax incentives, eliminated sales taxes on hybrid vehicles, set aggressive targets to reduce global warming pollution – a list of about 40 important initiatives. New Mexico is now the Clean Energy State. As Energy Secretary, even with very low oil prices, I pushed for aggressive energy efficiency standards, conservation in the midst of the California electricity crisis, a national renewable portfolio standard, and development of new vehicle technology. As a diplomat and negotiator, I have a record of dealing successfully with hostage-takers and tyrants. Now I want to bring that experience to the task of freeing the United States from its status as international hostage to costly energy, and from the tyranny of oil dependence. I have a record, I have the will, and I am making this the central priority for new national policy in my campaign for president. When I take office, the Congress and I will have a second “First 100 Days,” like FDR’s, to focus on changing energy and climate policy right away. Here is my five-goal policy framework to break our oil addiction, create competition and value for consumers, strengthen our national security, create American jobs, and lead the world to effective climate protection. It starts with goal 1, a dramatic reduction in oil consumption by 2020. The United States consumes about 21 million barrels of oil per day. After Katrina, about 65% of this was imported. By 2020, with hard work and the cooperation of Congress and the American people, we will reduce our oil dependence by at least 6 million barrels a day, probably 8 million, and possibly as much as 10 million. First, we need to get low- and zero-petroleum plug-in cars into the marketplace, while sharply reducing the carbon emissions from our electric sector. This is the most important single step we can take in changing our oil consumption patterns for the future. By 2020, this change will reduce consumption by around 2 million barrels a day, with far larger reductions in the years after that. As Energy Secretary, I supported the electric and plug-in SECURITY+ TRAINING hybrid vehicle concepts. They work. The battery technologies have come a long way. I am talking about two types of vehicles. The pure-electric vehicle offers simplicity and performance for an average daily commute in our larger metro areas, like the big cities on the coasts and in the midwest. The plug-in electric car or truck provides more range and flexibility for people who might drive longer distances, and it can extend gas mileage above 100 miles per gallon. Plug-in cars don’t need a whole new refining and retailing infrastructure, like hydrogen, which has potential for the more distant future. The infrastructure is there, in your wall sockets. Most consumers will love the plug-in car. As a consumer, you choose your fuel. Gasoline at 3, maybe 4 dollars a gallon? Or electricity, costing a dollar or two for a 100-mile charge? In February of 2009, within 30 days of taking office, I will hold a two-day White House plug-in summit with automakers, utilities, and labor. We will lock in the program to get the 100 mile per gallon car on the market across the board, and to make sure we are building clean electricity to fuel it. I will push this plug-in car concept with significant rebates to consumers who buy them, and by supporting automakers who want to build them. I expect the Big Three automakers to lead the world in this technology. There are other manufacturers – including an electric car manufacturing company in my own state – who are fast getting into the market, at Detroit’s peril. Here’s my second oil-saving initiative. I will push fuel economy standards to 50 miles per gallon by 2020. As a result, our conventionally powered automotive fleet will reduce its demand by as much 3 million barrels a day. What the Congress is considering right now, at thirty-five miles per gallon, marks progress after years of inaction – but we made better progress 30 years ago. In fact, between 1977 and 1985, the U.S. reduced oil demand by 17% without any of the great new technologies and alternatives we have available now. As the McKinsey report says, aligning U.S. fuel economy standards to international levels could save millions of barrels of oil every day. And it will save money for people who use conventionally fueled vehicles – perhaps as much as $1,000 or $2,000 a year for people who drive long distances, as we do out West. Automakers, including Detroit, can meet these standards NETWORK+ TRAINING by using lighter but safer materials and new engine efficiencies such as ultra-clean diesels. Here’s my third oil-saving initiative. We will create a well-to-wheels low-carbon fuel requirement that reduces the carbon impact of our liquid fuels by 30% by 2020, including alternative fuels that will substitute for about 10% of our gasoline demand. This standard will bring our oil consumption down by another 2 million barrels a day. These fuels can be produced all over the country, creating jobs in rural areas, and preventing the export of petrodollars to other nations.


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