Barack Obama

“ There is now no doubt that fuel-efficient cars represent the future of the auto industry. If American car companies hope to be a part of that future - if they hope to survive - they must start building more of these cars. This isn't just about energy - this is about the ability to create millions of new jobs and save an entire American industry. ”

“ And yet, despite all the ominous harbingers of things to come, we do not have to stand by helplessly and accept this future. In fact, we can't afford to. Climate change may be unleashing the forces of nature, but we can't forget that this has been accelerated by man and can be slowed by man too. ”

“ If they use obsolete technology, these plants will emit over 60 billion tons of heat-trapping pollution into the atmosphere. We need to act now and make the United States a leader in puting in place the standards and incentives that will ensure that these plants use available technology to capture carbon dioxide and dispose of it safely underground. But of course, one of the biggest contributors to our climate troubles and our energy dependence is oil, and so any plan for the future must drastically reduce our addiction to this dirty, dangerous, and ultimately finite source of energy. ”

“ You'd think by now we'd get the point on energy dependence. Never has the failure to take on a single challenge so detrimentally affected nearly every aspect of our well-being as a nation. And never have the possible solutions had the potential to do so much good for so many generations to come. ”

“ For years, we've hesitated to raise fuel economy standards as a nation in part because of a very legitimate concern - the impact it would have on Detroit. The auto industry is right when they argue that transitioning to more hybrid and fuel-efficient cars would require massive investment at a time when they're struggling under the weight of rising health care costs, sagging profits, and stiff competition. ”

“ Any strategy for reducing carbon emissions must also deal with coal, which is actually the most abundant source of energy in this country. To keep using this fossil fuel, I believe we need to invest in the kind of advanced coal technology that will keep our air cleaner while still keeping our coal mines in business. Over the next two decades, power companies are expected to build dozens of new coal-fired power plants, and countries like India and China will build hundreds. ”

“ Of course, many Americans have gotten this point, and it's true that the call for energy independence is now coming from an amazingly diverse coalition of interests. From farmers and businesses, military leaders and CIA officials, scientists and Evangelical Christians, auto executives and unions, and politicians of almost every political persuasion, people are realizing that an oil future is not a secure future for this country. ”

“ In exchange, the auto companies would then use some of that savings to build and invest in more fuel-efficient cars. It's a win-win proposal for the industry - their retirees will be taken care of, they'll save money on health care, and they'll be free to invest in the kind of fuel-efficient cars that are the key to their competitive future.
But building cars that use less oil is only one side of the equation. The other involves replacing the oil we use with the home-grown biofuels that will finally slow the warming of the planet. ”

“ Like those historic efforts, moving away from an oil economy is a major challenge that will require a sustained national commitment.
During World War II, we had an entire country working around the clock to produce enough planes and tanks to beat the Axis powers. In the middle of the Cold War, we built a national highway system so we had a quick way to transport military equipment across the country. When we wanted to pull ahead of the Russians into space, we poured millions into a national education initiative that graduated thousands of new scientists and engineers. ”

“ Countries like Japan are creating jobs and slowing oil consumption by churning out and buying millions of fuel-efficient cars. Brazil, a nation that once relied on foreign countries to import 80% of its crude oil, will now be entirely self-sufficient in a few years thanks to its investment in biofuels. ”

“ As gas prices keep rising, the Middle East grows ever more unstable, and the ice caps continue to melt, we face a now-or-never, once-in-a-generation opportunity to set this country on a different course. ”

“ Third, it would help make sure that every single new car in America is a flexible-fuel vehicle within a decade. Currently it costs manufacturers just $100 to add these tanks to each car. But we can do them one better. If they install flexible-fuel tanks in their cars before the decade's up, we will provide them a $100 tax credit to do it - so there's no excuse for delay. ”

“ But it's not just a slow, steady thaw that's been occurring over centuries, it's a rapidly accelerating meltdown that may eventually dump enough water into the ocean to annihilate coastal regions across the globe. ”

“ But it's precisely because of that competition that they don't have a choice. China now has a higher fuel economy standard than we do, and Japan's Toyota is doubling production of the popular Prius to sell 100,000 in the U.S. this year. ”

“ Already, there are hundreds of fueling stations that use a blend of ethanol and gasoline known as E85, and there are millions of cars on the road with the flexible-fuel tanks necessary to use this fuel - including my own right here in Illinois. ”

“ In real terms, this means that every single month, Greenland is dumping into the ocean an amount of water 54 times greater than the city of Los Angeles uses in an entire year. All in all, Greenland has enough ice to raise the global sea level 23 feet, making a New Orleans out of nearly every coastal city imaginable. ”

“ These high temperatures are drying up already dry land, causing unprecedented drought that's ruining crops, devastating farmers and spreading famine to already poor parts of the world. Over the last four decades, the percentage of the Earth's surface suffering drought has more than doubled. ”

“ Second, it would let the private sector know that there will always be a market for renewable fuels by creating an alternative diesel standard in this country that would blend millions of more gallons of renewable fuels into the petroleum supply each year. ”

“ As more land becomes parched, more forests are starting to burn. Across Indonesia, throughout Alaska, and in the Western United States, wildfires have raged in recent years like never before. A new record was set in 2002, as more than 7 million acres burned from Oregon down to Arizona. ”

“ And while the situation on the land may look ugly, what's going on in the oceans is even worse. Hurricanes and typhoons thrive in warm water, and as the temperature has risen, so has the intensity of these storms. In the last thirty-five years, the percentage of Category 4 and 5 hurricanes has doubled, and the wind speed and duration of these storms has jumped 50%. A hurricane showed up in the South Atlantic recently when scientists said it could never happen. ”

“ First, this legislation would reduce the risk of investing in renewable fuels by providing loan guarantees and venture capital to those entrepreneurs with the best plans to develop and sell biofuels on a commercial market. ”