President Bush issues summer
driving challenge for energy legislation
20-03-07
In his State of the Union Address, the President announced a "Twenty in
Ten" goal to reduce US gasoline consumption by 20 % over the next 10 years.
Bipartisan legislation has been introduced in Congress that furthers the
President's goals. Recognizing widespread consensus on the need to increase
our fuel efficiency and use of alternative fuels, the President has called
on Congress to pass by the start of the summer driving season legislation
supporting the "Twenty in Ten" goal.
The President toured a General Motors assembly plant in Fairfax and a Ford
assembly plant in Kansas City. Both plants are on the cutting edge of hybrid
technology. In Kansas City, the President viewed flex-fuel vehicles that can
be powered by ethanol and hybrid vehicles with both gas-powered engines and
electric motors.
Twenty in Ten: An ambitious goal to help reduce America's dependence
on oil
To help America reduce its dependence on oil, the President has set the goal
of cutting US consumption of gasolineby 20 % in the next ten years. To meet
this goal we must make progress on two fronts:
1. On the demand side, the President has proposed reforming fuel economy
standards to make cars more energy efficient, just like we did for light
trucks.
2. On the supply side, the President has proposed increasing the supply of
alternative fuels by setting a mandatory fuels standard to require 35 bn
gallons of renewable and other alternative fuels in 2017 -- nearly five
times the current target.
One way to get more fuel-efficient cars on the road is to encourage
more drivers to buy hybrids.
More than 700,000 hybrids have been sold in America. America's automakers
are also working to develop "plug-in" hybrids that will use even less
gasoline. These vehicles use advanced battery technology, such as lithium
ion batteries, and could be recharged in a standard electrical outlet. They
could go almost 40 miles on electricity alone, meaning that many Americans
could do their entire daily commute without burning any gasoline.
The Administration is providing a Federal tax credit of up to $ 3,400 for
hybrid purchasers. In addition, the President signed an Executive Order on
January 24 ordering Federal agencies to lead by example in reducing fuel
consumption and purchasing more fuel-efficient vehicles.
The Federal Government is also supporting vital research on
alternative fuels like biodiesel and ethanol.
Scientists and engineers have made great progress on alternative fuels like
biodiesel and ethanol. Our Nation is now on the threshold of dramatic
breakthroughs like new forms of biodiesel and new ways of producing ethanol
from wood chips, grasses, and agricultural wastes.
Since the President took office, the Federal Government has invested $ 12 bn
to develop cleaner, cheaper, and more reliable energy sources.
The President has a comprehensive strategy to address energy security,
cleaner air, and climate change
Achieving the President's "Twenty In Ten" goal will reduce our dependence on
oil -- but it will not eliminate it. As we continue to diversify our fuel
supply, we must step up domestic oil production in environmentally sensitive
ways. We also must double the current capacity of the Strategic Petroleum
Reserve to further protect America against severe disruptions to the world's
oil supply.
Reducing our oil dependence is part of our broader energy strategy.
We are changing how America generates electricity by investing Federal
resources in clean-coal technology, wind and solar energy, and clean, safe
nuclear power.
Source: www.oilandgasonline.com / White House Press Office
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