June 18, 2008: Tax Credits and Offshore Drilling
Clean Energy Tax Credits: As the Senate blocks debate of clean energy tax credits, a piece in the San Francisco Chronicle argues that a Congressional stalemate on renewable energy would jeopardize an emerging business boom. Plus: A new report released by Clean Edge and Co-op America finds that under the right circumstances, 10 percent of America’s electricity could be produced by solar power by the year 2025.
Campaign Watch: President Bush and Senator John McCain called for lifting the ban on new offshore oil drilling, arguing that it would be a step toward energy independence. “With gasoline running at more than four dollars a gallon, many do not have the luxury of waiting on the far-off plans of futurists and politicians,” said McCain. He did, however, reiterate his stance against opening the Arctic National Wildlife Refuge to drilling. Barack Obama responded by calling McCain’s position “politically expedient,” saying that offshore drilling would not significantly affect oil prices. Plus: A new ABC/Washington Post poll finds that when it comes to gas prices, global warming, and energy policy, a slim majority trusts Obama over McCain.
The fight over a Colorado Senate seat revolves largely around energy.
Local Green: The Tennessean and Tallahassee.com look at green collar jobs and a clean energy economy.
Midwest Flooding Continues: The Mississippi River overflows 19 levees and 29 others are at risk.
WindLift LLC is trying to develop kites that harness wind energy.
–Christopher Greenspan
Tags: Add new tag, Barack Obama, green collar-jobs, John McCain, kite energy, Midwest Flooding, offshore oil drilling, renewable energy tax credits
June 18th, 2008 at 4:13 pm
[...] No Fix, Immediate or Otherwise Campaigns may be about the future, but politics is about today. And the energy idea of today, says the White House, is to open America’s coast to offshore dri…With gasoline prices about to hit $5.00 a gallon on the Bay Area — the price down the street [...]