Commentary: Is McCain another George W. Bush?
By Jack Cafferty
NEW YORK (CNN) -- Russia invades Georgia and President Bush goes on vacation. Our president has spent one-third of his entire two terms in office either at Camp David, Maryland, or at Crawford, Texas, on vacation.
His time away from the Oval Office included the month leading up to 9/11, when there were signs Osama bin Laden was planning to attack America, and the time Hurricane Katrina destroyed the city of New Orleans.
Sen. John McCain takes weekends off and limits his campaign events to one a day. He made an exception for the religious forum on Saturday at Saddleback Church in Southern California.
I think he made a big mistake. When he was invited last spring to attend a discussion of the role of faith in his life with Sens. Barack Obama and Hillary Clinton, at Messiah College in Pennsylvania, McCain didn't bother to show up. Now I know why.
It occurs to me that John McCain is as intellectually shallow as our current president. When asked what his Christian faith means to him, his answer was a one-liner. "It means I'm saved and forgiven." Great scholars have wrestled with the meaning of faith for centuries. McCain then retold a story we've all heard a hundred times about a guard in Vietnam drawing a cross in the sand.
Asked about his greatest moral failure, he cited his first marriage, which ended in divorce. While saying it was his greatest moral failing, he offered nothing in the way of explanation. Why not?
Throughout the evening, McCain chose to recite portions of his stump speech as answers to the questions he was being asked. Why? He has lived 71 years. Surely he has some thoughts on what it all means that go beyond canned answers culled from the same speech he delivers every day.
He was asked "if evil exists." His response was to repeat for the umpteenth time that Osama bin Laden is a bad man and he will pursue him to "the gates of hell." That was it.
He was asked to define rich. After trying to dodge the question -- his wife is worth a reported $100 million -- he finally said he thought an income of $5 million was rich.
One after another, McCain's answers were shallow, simplistic, and trite. He showed the same intellectual curiosity that George Bush has -- virtually none.
Where are John McCain's writings exploring the vexing moral issues of our time? Where are his position papers setting forth his careful consideration of foreign policy, the welfare state, education, America's moral responsibility in the world, etc., etc., etc.?
John McCain graduated 894th in a class of 899 at the Naval Academy at Annapolis. His father and grandfather were four star admirals in the Navy. Some have suggested that might have played a role in McCain being admitted. His academic record was awful. And it shows over and over again whenever McCain is called upon to think on his feet.
He no longer allows reporters unfettered access to him aboard the "Straight Talk Express" for a reason. He simply makes too many mistakes. Unless he's reciting talking points or reading from notes or a TelePrompTer, John McCain is lost. He can drop bon mots at a bowling alley or diner -- short glib responses that get a chuckle, but beyond that McCain gets in over his head very quickly.
I am sick and tired of the president of the United States embarrassing me. The world we live in is too complex to entrust it to someone else whose idea of intellectual curiosity and grasp of foreign policy issues is to tell us he can look into Vladimir Putin's eyes and see into his soul.
George Bush's record as a student, military man, businessman and leader of the free world is one of constant failure. And the part that troubles me most is he seems content with himself.
He will leave office with the country $10 trillion in debt, fighting two wars, our international reputation in shambles, our government cloaked in secrecy and suspicion that his entire presidency has been a litany of broken laws and promises, our citizens' faith in our own country ripped to shreds. Yet Bush goes bumbling along, grinning and spewing moronic one-liners, as though nobody understands what a colossal failure he has been.
I fear to the depth of my being that John McCain is just like him.
Wednesday, August 20, 2008
Food for Thought
For Most People,
College Is a Waste of Time
By CHARLES MURRAYAugust 13, 2008; Page A17
Imagine that America had no system of post-secondary education, and you were a member of a task force assigned to create one from scratch. One of your colleagues submits this proposal:
First, we will set up a single goal to represent educational success, which will take four years to achieve no matter what is being taught. We will attach an economic reward to it that seldom has anything to do with what has been learned. We will urge large numbers of people who do not possess adequate ability to try to achieve the goal, wait until they have spent a lot of time and money, and then deny it to them. We will stigmatize everyone who doesn't meet the goal. We will call the goal a "BA."
You would conclude that your colleague was cruel, not to say insane. But that's the system we have in place.
Finding a better way should be easy. The BA acquired its current inflated status by accident. Advanced skills for people with brains really did get more valuable over the course of the 20th century, but the acquisition of those skills got conflated with the existing system of colleges, which had evolved the BA for completely different purposes.
Outside a handful of majors -- engineering and some of the sciences -- a bachelor's degree tells an employer nothing except that the applicant has a certain amount of intellectual ability and perseverance. Even a degree in a vocational major like business administration can mean anything from a solid base of knowledge to four years of barely remembered gut courses.
The solution is not better degrees, but no degrees. Young people entering the job market should have a known, trusted measure of their qualifications they can carry into job interviews. That measure should express what they know, not where they learned it or how long it took them. They need a certification, not a degree.
The model is the CPA exam that qualifies certified public accountants. The same test is used nationwide. It is thorough -- four sections, timed, totaling 14 hours. A passing score indicates authentic competence (the pass rate is below 50%). Actual scores are reported in addition to pass/fail, so that employers can assess where the applicant falls in the distribution of accounting competence. You may have learned accounting at an anonymous online university, but your CPA score gives you a way to show employers you're a stronger applicant than someone from an Ivy League school.
The merits of a CPA-like certification exam apply to any college major for which the BA is now used as a job qualification. To name just some of them: criminal justice, social work, public administration and the many separate majors under the headings of business, computer science and education. Such majors accounted for almost two-thirds of the bachelor's degrees conferred in 2005. For that matter, certification tests can be used for purely academic disciplines. Why not present graduate schools with certifications in microbiology or economics -- and who cares if the applicants passed the exam after studying in the local public library?
Certification tests need not undermine the incentives to get a traditional liberal-arts education. If professional and graduate schools want students who have acquired one, all they need do is require certification scores in the appropriate disciplines. Students facing such requirements are likely to get a much better liberal education than even our most elite schools require now.
Certification tests will not get rid of the problems associated with differences in intellectual ability: People with high intellectual ability will still have an edge. Graduates of prestigious colleges will still, on average, have higher certification scores than people who have taken online courses -- just because prestigious colleges attract intellectually talented applicants.
But that's irrelevant to the larger issue. Under a certification system, four years is not required, residence is not required, expensive tuitions are not required, and a degree is not required. Equal educational opportunity means, among other things, creating a society in which it's what you know that makes the difference. Substituting certifications for degrees would be a big step in that direction.
The incentives are right. Certification tests would provide all employers with valuable, trustworthy information about job applicants. They would benefit young people who cannot or do not want to attend a traditional four-year college. They would be welcomed by the growing post-secondary online educational industry, which cannot offer the halo effect of a BA from a traditional college, but can realistically promise their students good training for a certification test -- as good as they are likely to get at a traditional college, for a lot less money and in a lot less time.
Certification tests would disadvantage just one set of people: Students who have gotten into well-known traditional schools, but who are coasting through their years in college and would score poorly on a certification test. Disadvantaging them is an outcome devoutly to be wished.
No technical barriers stand in the way of evolving toward a system where certification tests would replace the BA. Hundreds of certification tests already exist, for everything from building code inspectors to advanced medical specialties. The problem is a shortage of tests that are nationally accepted, like the CPA exam.
But when so many of the players would benefit, a market opportunity exists. If a high-profile testing company such as the Educational Testing Service were to reach a strategic decision to create definitive certification tests, it could coordinate with major employers, professional groups and nontraditional universities to make its tests the gold standard. A handful of key decisions could produce a tipping effect. Imagine if Microsoft announced it would henceforth require scores on a certain battery of certification tests from all of its programming applicants. Scores on that battery would acquire instant credibility for programming job applicants throughout the industry.
An educational world based on certification tests would be a better place in many ways, but the overarching benefit is that the line between college and noncollege competencies would be blurred. Hardly any jobs would still have the BA as a requirement for a shot at being hired. Opportunities would be wider and fairer, and the stigma of not having a BA would diminish.
Most important in an increasingly class-riven America: The demonstration of competency in business administration or European history would, appropriately, take on similarities to the demonstration of competency in cooking or welding. Our obsession with the BA has created a two-tiered entry to adulthood, anointing some for admission to the club and labeling the rest as second-best.
Here's the reality: Everyone in every occupation starts as an apprentice. Those who are good enough become journeymen. The best become master craftsmen. This is as true of business executives and history professors as of chefs and welders. Getting rid of the BA and replacing it with evidence of competence -- treating post-secondary education as apprenticeships for everyone -- is one way to help us to recognize that common bond.
College Is a Waste of Time
By CHARLES MURRAYAugust 13, 2008; Page A17
Imagine that America had no system of post-secondary education, and you were a member of a task force assigned to create one from scratch. One of your colleagues submits this proposal:
First, we will set up a single goal to represent educational success, which will take four years to achieve no matter what is being taught. We will attach an economic reward to it that seldom has anything to do with what has been learned. We will urge large numbers of people who do not possess adequate ability to try to achieve the goal, wait until they have spent a lot of time and money, and then deny it to them. We will stigmatize everyone who doesn't meet the goal. We will call the goal a "BA."
You would conclude that your colleague was cruel, not to say insane. But that's the system we have in place.
Finding a better way should be easy. The BA acquired its current inflated status by accident. Advanced skills for people with brains really did get more valuable over the course of the 20th century, but the acquisition of those skills got conflated with the existing system of colleges, which had evolved the BA for completely different purposes.
Outside a handful of majors -- engineering and some of the sciences -- a bachelor's degree tells an employer nothing except that the applicant has a certain amount of intellectual ability and perseverance. Even a degree in a vocational major like business administration can mean anything from a solid base of knowledge to four years of barely remembered gut courses.
The solution is not better degrees, but no degrees. Young people entering the job market should have a known, trusted measure of their qualifications they can carry into job interviews. That measure should express what they know, not where they learned it or how long it took them. They need a certification, not a degree.
The model is the CPA exam that qualifies certified public accountants. The same test is used nationwide. It is thorough -- four sections, timed, totaling 14 hours. A passing score indicates authentic competence (the pass rate is below 50%). Actual scores are reported in addition to pass/fail, so that employers can assess where the applicant falls in the distribution of accounting competence. You may have learned accounting at an anonymous online university, but your CPA score gives you a way to show employers you're a stronger applicant than someone from an Ivy League school.
The merits of a CPA-like certification exam apply to any college major for which the BA is now used as a job qualification. To name just some of them: criminal justice, social work, public administration and the many separate majors under the headings of business, computer science and education. Such majors accounted for almost two-thirds of the bachelor's degrees conferred in 2005. For that matter, certification tests can be used for purely academic disciplines. Why not present graduate schools with certifications in microbiology or economics -- and who cares if the applicants passed the exam after studying in the local public library?
Certification tests need not undermine the incentives to get a traditional liberal-arts education. If professional and graduate schools want students who have acquired one, all they need do is require certification scores in the appropriate disciplines. Students facing such requirements are likely to get a much better liberal education than even our most elite schools require now.
Certification tests will not get rid of the problems associated with differences in intellectual ability: People with high intellectual ability will still have an edge. Graduates of prestigious colleges will still, on average, have higher certification scores than people who have taken online courses -- just because prestigious colleges attract intellectually talented applicants.
But that's irrelevant to the larger issue. Under a certification system, four years is not required, residence is not required, expensive tuitions are not required, and a degree is not required. Equal educational opportunity means, among other things, creating a society in which it's what you know that makes the difference. Substituting certifications for degrees would be a big step in that direction.
The incentives are right. Certification tests would provide all employers with valuable, trustworthy information about job applicants. They would benefit young people who cannot or do not want to attend a traditional four-year college. They would be welcomed by the growing post-secondary online educational industry, which cannot offer the halo effect of a BA from a traditional college, but can realistically promise their students good training for a certification test -- as good as they are likely to get at a traditional college, for a lot less money and in a lot less time.
Certification tests would disadvantage just one set of people: Students who have gotten into well-known traditional schools, but who are coasting through their years in college and would score poorly on a certification test. Disadvantaging them is an outcome devoutly to be wished.
No technical barriers stand in the way of evolving toward a system where certification tests would replace the BA. Hundreds of certification tests already exist, for everything from building code inspectors to advanced medical specialties. The problem is a shortage of tests that are nationally accepted, like the CPA exam.
But when so many of the players would benefit, a market opportunity exists. If a high-profile testing company such as the Educational Testing Service were to reach a strategic decision to create definitive certification tests, it could coordinate with major employers, professional groups and nontraditional universities to make its tests the gold standard. A handful of key decisions could produce a tipping effect. Imagine if Microsoft announced it would henceforth require scores on a certain battery of certification tests from all of its programming applicants. Scores on that battery would acquire instant credibility for programming job applicants throughout the industry.
An educational world based on certification tests would be a better place in many ways, but the overarching benefit is that the line between college and noncollege competencies would be blurred. Hardly any jobs would still have the BA as a requirement for a shot at being hired. Opportunities would be wider and fairer, and the stigma of not having a BA would diminish.
Most important in an increasingly class-riven America: The demonstration of competency in business administration or European history would, appropriately, take on similarities to the demonstration of competency in cooking or welding. Our obsession with the BA has created a two-tiered entry to adulthood, anointing some for admission to the club and labeling the rest as second-best.
Here's the reality: Everyone in every occupation starts as an apprentice. Those who are good enough become journeymen. The best become master craftsmen. This is as true of business executives and history professors as of chefs and welders. Getting rid of the BA and replacing it with evidence of competence -- treating post-secondary education as apprenticeships for everyone -- is one way to help us to recognize that common bond.
Wednesday, August 6, 2008
Monday, August 4, 2008
Now Thats a Plan
Obama Delivers a Real Energy Plan for America: Efficiency Now, 10% Renewables by 2012, One Million Plug-ins by 2015 by Joseph Romm
Senator Barack Obama has fulfilled the promise of his earlier climate plan with a detailed and comprehensive "New Energy for America" plan.
This is easily the best energy plan ever put forward by a nominee of either party. By comparison, the plan of John "Nothing but Nukes" McCain is a joke, with nothing on energy efficiency and a pointless $300 million battery prize and long-standing opposition to renewable energy. In contrast, Obama's plan has real depth and breath:
Increase Fuel Economy Standards: Obama will increase fuel economy standards 4 percent per each year while protecting the financial future of domestic automakers....
Invest in Developing Advanced Vehicles and Put 1 Million Plugin Electric Vehicles on the Road by 2015: As a U.S. senator, Barack Obama has led efforts to jumpstart federal investment in advanced vehicles, including combined plug‐in hybrid/flexible fuel vehicles, which can get over 150 miles per gallon of gas... [more details below]
Partner with Domestic Automakers: Obama will also provide $4 billion retooling tax credits and
loan guarantees for domestic auto plants and parts manufacturers, so that the new fuel‐efficient
cars can be built in the U.S. by American workers rather than overseas.
Mandate All New Vehicles are Flexible Fuel Vehicles
Develop the Next Generation of Sustainable Biofuels and Infrastructure
Establish a National Low Carbon Fuel Standard: ... The standard requires fuels suppliers in 2010 to begin to reduce the carbon of their fuel by 5 percent within 5 years and 10 percent within 10 years.
This is the only way to jumpstart an end to our addiction to oil in a climate friendly way. Indeed, an accelerated transition to plug-in hybrids and electric cars -- a core climate solution-- must be the cornerstone of any serious effort to dramatically reduce oil consumption and greenhouse gas emissions (see "Why electricity is the only alternative fuel that can lead to energy independence"). That is the crucial litmus test for any presidential candidate's energy independence or clean transportation policy.
As for the test of a candidate's grasp of electricity policy, energy efficiency is obviously The only cheap power left and a limitless resource and THE core climate solution. Obama understands energy efficiency in a way few other major politicians do, as his plan makes clear:
Deploy the Cheapest, Cleanest, Fastest Energy Source--Energy Efficiency: Barack Obama will set an aggressive energy efficiency goal--to reduce electricity demand 15 percent from DOE's projected levels by 2020. Implementing this program will save consumers a total of $130 billion, reduce carbon dioxide emissions by more than 5 billion tons through 2030, and create jobs. A portion of this goal would be met by setting annual demand reduction targets that utilities would need to meet.
Set National Building Efficiency Goals: Obama will establish a goal of making all new buildings carbon neutral, or produce zero emissions, by 2030. He'll also establish a national goal of improving new building efficiency by 50 percent and existing building efficiency by 25 percent over the next decade to help us meet the 2030 goal.
Overhaul Federal Efficiency Standards: The current Department of Energy has missed 34 deadlines for setting updated appliance efficiency standards....
Reduce Federal Energy Consumption: ... He will make the federal government a leader in the green building market, achieving a 40 percent increase in efficiency in all new federal buildings within five years and ensuring that all new federal buildings are zero‐emissions by 2025. He will invest in cost‐effective retrofits to achieve a 25 percent increase in efficiency of existing federal buildings within 5 years.
Invest in a Smart Grid: ... Obama will pursue a major investment in our national utility grid using smart metering, distributed storage and other advanced technologies to accommodate 21st century energy requirements: greatly improved electric grid reliability and security, a tremendous increase in renewable generation and greater customer choice and energy affordability.
Weatherize One Million Homes Annually....
Build More Livable and Sustainable Communities....
Flip Incentives to Energy Utilities: An Obama administration will "flip" incentives to utility companies by: requiring states to conduct proceedings to implement incentive changes; and offering them targeted technical assistance. These measures will benefit utilities for improving energy efficiency, rather than just from supporting higher energy consumption. This "regulatory equity" starts with the decoupling of profits from increased energy usage, which will incentivize utilities to partner with consumers and the federal and state governments to reduce monthly energy bills for families and businesses. The federal government under an Obama administration will play an important and positive role in flipping the profit model for the utility sector so that shareholder profit is based on reliability and performance as opposed to total production.
Finally, a presidential nominee that really gets it (see "Energy efficiency, Part 4: How does California do it so consistently and cost-effectively?").
The proposal has lots of other details on short-term solutions and promoting the supply of domestic energy. But let me focus on his low-carbon electricity supply plan:
Require 10 Percent of Electricity to Come from Renewable Sources by 2012 [and 25 percent by 2025]. Barack Obama will establish a 10 percent federal Renewable Portfolio Standard (RPS) to require that 10 percent of electricity consumed in the U.S. is derived from clean, sustainable energy sources, like solar, wind and geothermal by 2012. Many states are already well on their way to achieving statewide goals and it's time for the federal government to provide leadership for the entire country to support these new industries. This national requirement will spur significant private sector investment in renewable sources of energy and create thousands of new American jobs, especially in rural areas. And Obama will also extend the federal Production Tax Credit (PTC) for 5 years to encourage the production of renewable energy.
Develop and Deploy Clean Coal Technology....
Safe and Secure Nuclear Energy: ... It is unlikely that we can meet our aggressive climate goals if we eliminate nuclear power as an option. However, before an expansion of nuclear power is considered, key issues must be addressed including: security of nuclear fuel and waste, waste storage, and proliferation.... As president, Obama will make safeguarding nuclear material both abroad and in the U.S. a top anti‐terrorism priority. In terms of waste storage, Obama does not believe that Yucca Mountain is a suitable site. He will lead federal efforts to look for safe, long‐term disposal solutions based on objective, scientific analysis. In the meantime, Obama will develop requirements to ensure that the waste stored at current reactor sites is contained using the most advanced dry‐cask storage technology available.
He also repeats his climate pledge and his jobs pledge:
Implement an economy‐wide cap‐and‐trade program to reduce greenhouse gas emissions 80 percent by 2050.
Invest In A Clean Energy Economy and Help Create 5 Million New Green Jobs. Obama will strategically invest $150 billion over 10 years...
Finally, back to the details of the plug-in hybrid proposal:
As president, Obama will continue this leadership by investing in advanced vehicle technology with a specific focus on R&D in advanced battery technology. The increased federal funding will leverage private sector funds and support our domestic automakers to bring plug‐in hybrids and other advanced vehicles to American consumers. Obama will also provide a $7,000 tax credit for the purchase of advanced technology vehicles as well as conversion tax credits. And to help create a market and show government leadership in purchasing highly efficient cars, an Obama administration will commit to:
Within one year of becoming President, the entire White House fleet will be converted to plug‐ins as security permits; and
Half of all cars purchased by the federal government will be plug‐in hybrids or all‐electric by 2012.
This is an aggressive, achievable, and most important of all, a necessary energy plan. Kudos to Senator Obama and his energy team. Maybe he is The One.
Senator Barack Obama has fulfilled the promise of his earlier climate plan with a detailed and comprehensive "New Energy for America" plan.
This is easily the best energy plan ever put forward by a nominee of either party. By comparison, the plan of John "Nothing but Nukes" McCain is a joke, with nothing on energy efficiency and a pointless $300 million battery prize and long-standing opposition to renewable energy. In contrast, Obama's plan has real depth and breath:
Increase Fuel Economy Standards: Obama will increase fuel economy standards 4 percent per each year while protecting the financial future of domestic automakers....
Invest in Developing Advanced Vehicles and Put 1 Million Plugin Electric Vehicles on the Road by 2015: As a U.S. senator, Barack Obama has led efforts to jumpstart federal investment in advanced vehicles, including combined plug‐in hybrid/flexible fuel vehicles, which can get over 150 miles per gallon of gas... [more details below]
Partner with Domestic Automakers: Obama will also provide $4 billion retooling tax credits and
loan guarantees for domestic auto plants and parts manufacturers, so that the new fuel‐efficient
cars can be built in the U.S. by American workers rather than overseas.
Mandate All New Vehicles are Flexible Fuel Vehicles
Develop the Next Generation of Sustainable Biofuels and Infrastructure
Establish a National Low Carbon Fuel Standard: ... The standard requires fuels suppliers in 2010 to begin to reduce the carbon of their fuel by 5 percent within 5 years and 10 percent within 10 years.
This is the only way to jumpstart an end to our addiction to oil in a climate friendly way. Indeed, an accelerated transition to plug-in hybrids and electric cars -- a core climate solution-- must be the cornerstone of any serious effort to dramatically reduce oil consumption and greenhouse gas emissions (see "Why electricity is the only alternative fuel that can lead to energy independence"). That is the crucial litmus test for any presidential candidate's energy independence or clean transportation policy.
As for the test of a candidate's grasp of electricity policy, energy efficiency is obviously The only cheap power left and a limitless resource and THE core climate solution. Obama understands energy efficiency in a way few other major politicians do, as his plan makes clear:
Deploy the Cheapest, Cleanest, Fastest Energy Source--Energy Efficiency: Barack Obama will set an aggressive energy efficiency goal--to reduce electricity demand 15 percent from DOE's projected levels by 2020. Implementing this program will save consumers a total of $130 billion, reduce carbon dioxide emissions by more than 5 billion tons through 2030, and create jobs. A portion of this goal would be met by setting annual demand reduction targets that utilities would need to meet.
Set National Building Efficiency Goals: Obama will establish a goal of making all new buildings carbon neutral, or produce zero emissions, by 2030. He'll also establish a national goal of improving new building efficiency by 50 percent and existing building efficiency by 25 percent over the next decade to help us meet the 2030 goal.
Overhaul Federal Efficiency Standards: The current Department of Energy has missed 34 deadlines for setting updated appliance efficiency standards....
Reduce Federal Energy Consumption: ... He will make the federal government a leader in the green building market, achieving a 40 percent increase in efficiency in all new federal buildings within five years and ensuring that all new federal buildings are zero‐emissions by 2025. He will invest in cost‐effective retrofits to achieve a 25 percent increase in efficiency of existing federal buildings within 5 years.
Invest in a Smart Grid: ... Obama will pursue a major investment in our national utility grid using smart metering, distributed storage and other advanced technologies to accommodate 21st century energy requirements: greatly improved electric grid reliability and security, a tremendous increase in renewable generation and greater customer choice and energy affordability.
Weatherize One Million Homes Annually....
Build More Livable and Sustainable Communities....
Flip Incentives to Energy Utilities: An Obama administration will "flip" incentives to utility companies by: requiring states to conduct proceedings to implement incentive changes; and offering them targeted technical assistance. These measures will benefit utilities for improving energy efficiency, rather than just from supporting higher energy consumption. This "regulatory equity" starts with the decoupling of profits from increased energy usage, which will incentivize utilities to partner with consumers and the federal and state governments to reduce monthly energy bills for families and businesses. The federal government under an Obama administration will play an important and positive role in flipping the profit model for the utility sector so that shareholder profit is based on reliability and performance as opposed to total production.
Finally, a presidential nominee that really gets it (see "Energy efficiency, Part 4: How does California do it so consistently and cost-effectively?").
The proposal has lots of other details on short-term solutions and promoting the supply of domestic energy. But let me focus on his low-carbon electricity supply plan:
Require 10 Percent of Electricity to Come from Renewable Sources by 2012 [and 25 percent by 2025]. Barack Obama will establish a 10 percent federal Renewable Portfolio Standard (RPS) to require that 10 percent of electricity consumed in the U.S. is derived from clean, sustainable energy sources, like solar, wind and geothermal by 2012. Many states are already well on their way to achieving statewide goals and it's time for the federal government to provide leadership for the entire country to support these new industries. This national requirement will spur significant private sector investment in renewable sources of energy and create thousands of new American jobs, especially in rural areas. And Obama will also extend the federal Production Tax Credit (PTC) for 5 years to encourage the production of renewable energy.
Develop and Deploy Clean Coal Technology....
Safe and Secure Nuclear Energy: ... It is unlikely that we can meet our aggressive climate goals if we eliminate nuclear power as an option. However, before an expansion of nuclear power is considered, key issues must be addressed including: security of nuclear fuel and waste, waste storage, and proliferation.... As president, Obama will make safeguarding nuclear material both abroad and in the U.S. a top anti‐terrorism priority. In terms of waste storage, Obama does not believe that Yucca Mountain is a suitable site. He will lead federal efforts to look for safe, long‐term disposal solutions based on objective, scientific analysis. In the meantime, Obama will develop requirements to ensure that the waste stored at current reactor sites is contained using the most advanced dry‐cask storage technology available.
He also repeats his climate pledge and his jobs pledge:
Implement an economy‐wide cap‐and‐trade program to reduce greenhouse gas emissions 80 percent by 2050.
Invest In A Clean Energy Economy and Help Create 5 Million New Green Jobs. Obama will strategically invest $150 billion over 10 years...
Finally, back to the details of the plug-in hybrid proposal:
As president, Obama will continue this leadership by investing in advanced vehicle technology with a specific focus on R&D in advanced battery technology. The increased federal funding will leverage private sector funds and support our domestic automakers to bring plug‐in hybrids and other advanced vehicles to American consumers. Obama will also provide a $7,000 tax credit for the purchase of advanced technology vehicles as well as conversion tax credits. And to help create a market and show government leadership in purchasing highly efficient cars, an Obama administration will commit to:
Within one year of becoming President, the entire White House fleet will be converted to plug‐ins as security permits; and
Half of all cars purchased by the federal government will be plug‐in hybrids or all‐electric by 2012.
This is an aggressive, achievable, and most important of all, a necessary energy plan. Kudos to Senator Obama and his energy team. Maybe he is The One.
Tuesday, July 29, 2008
Monday, July 28, 2008
Flip-Flop
White House projects record deficit for 2009
WASHINGTON (CNN) -- The White House on Monday predicted a record deficit of $490 billion for the 2009 budget year, a senior government official told CNN.
The White House blames a faltering economy and the stimulus package for the increased budget deficit.
The deficit would amount to roughly 3.5 percent of the nation's $14 trillion economy.
The official pointed to a faltering economy and the bipartisan $170 billion stimulus package that passed earlier this year for the record deficit.
The fiscal year begins October 1, 2008.
The federal deficit is the difference between what the government spends and what it takes in from taxes and other revenue sources. The government must borrow money to make up the difference.
The official spoke on the condition of anonymity because the official is not authorized to speak publicly ahead of an official briefing later Monday by Office of Management and Budget Director Jim Nussle.
President Bush inherited a budget surplus of $128 billion when he took office in 2001 but has since posted a budget deficit every year.
The Bush administration has spent heavily on the wars in Iraq and Afghanistan, and faces a large budget shortfall in tax revenue because of Bush's tax cuts and a souring economy.
But the senior administration official says the budgetary problems stem from what is believed to be inadequate defense, intelligence and homeland security resources that were handed down from President Bill Clinton.
The nonpartisan Congressional Budget Office in March projected the deficit for the 2008 fiscal year, which ends September 30, would be $396 billion. It predicted the 2009 deficit to be $342 billion, if the president's proposals were adopted
WASHINGTON (CNN) -- The White House on Monday predicted a record deficit of $490 billion for the 2009 budget year, a senior government official told CNN.
The White House blames a faltering economy and the stimulus package for the increased budget deficit.
The deficit would amount to roughly 3.5 percent of the nation's $14 trillion economy.
The official pointed to a faltering economy and the bipartisan $170 billion stimulus package that passed earlier this year for the record deficit.
The fiscal year begins October 1, 2008.
The federal deficit is the difference between what the government spends and what it takes in from taxes and other revenue sources. The government must borrow money to make up the difference.
The official spoke on the condition of anonymity because the official is not authorized to speak publicly ahead of an official briefing later Monday by Office of Management and Budget Director Jim Nussle.
President Bush inherited a budget surplus of $128 billion when he took office in 2001 but has since posted a budget deficit every year.
The Bush administration has spent heavily on the wars in Iraq and Afghanistan, and faces a large budget shortfall in tax revenue because of Bush's tax cuts and a souring economy.
But the senior administration official says the budgetary problems stem from what is believed to be inadequate defense, intelligence and homeland security resources that were handed down from President Bill Clinton.
The nonpartisan Congressional Budget Office in March projected the deficit for the 2008 fiscal year, which ends September 30, would be $396 billion. It predicted the 2009 deficit to be $342 billion, if the president's proposals were adopted
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