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ENERGY USAGE IMPACTS ON GLOBAL WARMING Global Warming Would Be One of Three Key Issues of His Presidency Would Use a Cap-and-Trade Plan with a Target to.

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Presentation on theme: "ENERGY USAGE IMPACTS ON GLOBAL WARMING Global Warming Would Be One of Three Key Issues of His Presidency Would Use a Cap-and-Trade Plan with a Target to."— Presentation transcript:

1 ENERGY USAGE IMPACTS ON GLOBAL WARMING Global Warming Would Be One of Three Key Issues of His Presidency Would Use a Cap-and-Trade Plan with a Target to Cut to 1990 Levels by 2020 and to 60% Below 1990 by 2050 Would Use a Portion of Revenues from Cap-and-Trade for Nuclear Power R&D Supports Public-Private partnerships to Develop Hi Tech. Systems for Coal Gasification and Carbon Sequestering Opposed to Drilling in the Arctic Na- tional Wildlife Refuge. Will Implement Cap-and-Trade Pro- gram to Reduce carbon emissions to 80% below 1990 Levels by 2050. All Pollution Credits to be Auctioned. Use a Portion of Revenue from cap and-trade to Invest in: 1) Basic Research;2) Tech. Demos.; and 3) Commercialization Regain a World Leadership Position by Re-engaging the UN Framework Convention on Climate Change Invest $150 B Over 10 Years in a Clean Energy Economy and Help Create “Green Jobs”. Create New Job Training Programs for “Green Technologies”. ISSUESEN. MCCAIN”S POSITIONSEN. OBAMA’S POSITION COMPARISON OF POSITIONS: PRESIDENTIAL CANDIDATES By George Hume PCC VG 1

2 ENERGY USAGE IMPACTS ON GLOBAL WARMING Global Warming Would Be One of Three Key Issues of His Presidency Would Use a Cap-and-Trade Plan with a Target to Cut to 1990 Levels by 2020 and to 60% Below 1990 by 2050 Would Use a Portion of Revenues from Cap-and-Trade for Nuclear Power R&D Supports Public-Private partnerships to Develop Hi Tech. Systems for Coal Gasification and Carbon Sequestering Opposed to Drilling in the Arctic Na- tional Wildlife Refuge. Will Implement Cap-and-Trade Pro- gram to Reduce carbon emissions to 80% below 1990 Levels by 2050. All Pollution Credits to be Auctioned. Use a Portion of Revenue from cap and-trade to Invest in: 1) Basic Research;2) Tech. Demos.; and 3) Commercialization Regain a World Leadership Position by Re-engaging the UN Framework Convention on Climate Change Invest $150 B Over 10 Years in a Clean Energy Economy and Help Create “Green Jobs”. Create New Job Training Programs for “Green Technologies”. ISSUESEN. MCCAIN”S POSITIONSEN. OBAMA’S POSITION COMPARISON OF POSITIONS: PRESIDENTIAL CANDIDATES PCC VG2

3 ENERGY USAGE IMPACTS ON GLOBAL WARMING Global Warming Would Be One of Three Key Issues of His Presidency Would Use a Cap-and-Trade Plan with a Target to Cut to 1990 Levels by 2020 and to 60% Below 1990 by 2050 Would Use a Portion of Revenues from Cap-and-Trade for Nuclear Power R&D Supports Public-Private partnerships to Develop Hi Tech. Systems for Coal Gasification and Carbon Sequestering Opposed to Drilling in the Arctic Na- tional Wildlife Refuge. Will Implement Cap-and-Trade Pro- gram to Reduce carbon emissions to 80% below 1990 Levels by 2050. All Pollution Credits to be Auctioned. Use a Portion of Revenue from cap and-trade to Invest in: 1) Basic Research;2) Tech. Demos.; and 3) Commercialization Regain a World Leadership Position by Re-engaging the UN Framework Convention on Climate Change Invest $150 B Over 10 Years in a Clean Energy Economy and Help Create “Green Jobs”. Create New Job Training Programs for “Green Technologies”. ISSUESEN. MCCAIN”S POSITIONSEN. OBAMA’S POSITION COMPARISON OF POSITIONS: PRESIDENTIALCANDIDATES PCC VG 3

4 ENERGY USAGE IMPACTS ON GLOBAL WARMING Global Warming Would Be One of Three Key Issues of His Presidency Would Use a Cap-and-Trade Plan with a Target to Cut to 1990 Levels by 2020 and to 60% Below 1990 by 2050 Would Use a Portion of Revenues from Cap-and-Trade for Nuclear Power R&D Supports Public-Private partnerships to Develop Hi Tech. Systems for Coal Gasification and Carbon Sequestering Opposed to Drilling in the Arctic Na- tional Wildlife Refuge. Will Implement Cap-and-Trade Pro- gram to Reduce carbon emissions to 80% below 1990 Levels by 2050. All Pollution Credits to be Auctioned. Use a Portion of Revenue from cap and-trade to Invest in: 1) Basic Research;2) Tech. Demos.; and 3) Commercialization Regain a World Leadership Position by Re-engaging the UN Framework Convention on Climate Change Invest $150 B Over 10 Years in a Clean Energy Economy and Help Create “Green Jobs”. Create New Job Training Programs for “Green Technologies”. ISSUESEN. MCCAIN”S POSITIONSEN. OBAMA’S POSITION Provide Direct Emergency Energy Rebate of $500 for Individuals and $1000 for Couples for Gas and Heating Oil to be Paid for from Windfall Profits Tax on Oil Companies Close Speculation Loopholes in the Commodity Futures Trading Regulations Consider Release of Light Oil from the Strategic Petroleum Reserve and Replace it later with Heavier Grades Encourage Techniques to Recover More Oil from Existing Oil Fields Set Aggressive National Efficiency Goals and Implement Program Steps to Achieve Weatherize 1M Homes Annually. Advocates Suspending Foreign Oil Purchase for Strategic Petroleum Reserve During Periods of High Prices. Opposes Windfall Profit Tax on US Oil Companies. Lift Restrictions on Off ShoreDrilling and Provide Incentives to States the Permit Exploration. Commit $2Billion Annually to Advance Clean Coal Technology Would Work to Create System of Tax Credits for Development of Renewable Energy Sources. PCC VG 4 Short Term Responses to Excessive Energy Costs COMPARISON OF POSITIONS:PRESIDENTIAL CANDIDATES


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