Barack Obama released a comprehensive energy plan [PDF] yesterday that's received high praise in a number of places (fuller detail below the fold) — especially from those who've been underwhelmed with Obama's energy stances thus far.
Here are a couple…
Over at Grist.com David Roberts writes about Obama's “bold new energy proposal”…
Overall, I'm pleasantly surprised — even shocked — at its quality. It's a deft mix of good politics and strong, substantive policy. Here are what I see as the three headlines:
- 100% auction of cap-and-trade credits. This is a home run, a real act of standard-setting boldness (the kind that Obama always promises but rarely delivers). The green community should immediately use it to push Clinton and Edwards into making the same commitment, insuring that it's the new baseline for any cap-and-trade program.
- Smart investment. The revenue from auctions will be considerable, up to $50 billion a year, and Obama's smart about putting it to work, dividing it between energy R&D, protections for low-income workers, and market deployment of existing clean tech.
- A focus on efficiency. Clearly Obama gets that efficiency is the easiest route to emission reductions, and he's got a set of thoughtful, detailed initiatives to make it work.
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Much has been said about Edwards' important role in this campaign: pushing the other candidates toward stronger, more ambitious policy. You can see it at work here — in several respects Obama's energy proposal echoes Edwards'.
However, with his promise to auction 100% of cap-and-trade credits, Obama has put himself out ahead of all the other frontrunners. He deserves the praise he'll get for it.
The Leage of Conservation Voters responds:
Senator Barack Obama has put forward an aggressive plan that would point America in the right direction toward a clean, renewable energy future, reduce greenhouse gas pollution and reverse the disastrous policies of the current Administration.
With the Obama plan in place, America would boldly regain its footing as a world leader in environmental protection and clean, renewable energy production.
We should all be pleased with how all of the Democratic candidates this year have been pushing each other back and forth to make substantive policy initiatives — on a variety of topics — central to the discussion.
More details below the fold…
From the campaign's press release…
Portsmouth, NH – In a major policy address today, Barack Obama will announce a visionary plan to make America a global leader on energy. After years of broken promises and unfulfilled plans that have fallen victim to the Washington status quo, Obama will pledge to provide real leadership on the issue by challenging conventional thinking and loosening the grip of special interests. Obama’s plan lays out bold steps to combat global climate change, free America from the tyranny of oil, and create millions of new jobs and entire new industries here in America.
Senator Obama has been a proven leader on energy with a strong record of fighting to invest in renewable fuels and raise fuel economy standards. Obama has been honest in telling the defenders of the status quo that when he’s President, the same failures won’t do.
Senator Obama’s plan to make America a global leader on energy includes:
- Implementing an economy-wide cap-and-trade program to reduce greenhouse gas emissions to the level recommended by top scientists to avoid calamitous impacts
- Investing $150 billion over the next ten years to develop and deploy climate friendly energy supplies, protect our existing manufacturing base and create millions of new jobs
- Dramatically improving energy efficiency to reduce energy intensity of our economy by 50 percent by 2030
- Reducing our dependence on foreign oil and reducing oil consumption overall by at least 35 percent, or 10 million barrels of oil, by 2030
- Leading a new international global warming partnership
The plan can be viewed in full HERE.