Sen Obama to Announce New Plan to Make America a Global Energy Leader

In Major Policy Address, Will Pledge Real Leadership on Energy after Years of Broken Promises

**Excerpts Provided Below**

PORTSMOUTH, NH—In a major policy address in New Hampshire 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.

Real Leadership for a Clean Energy Future

Speech Excerpts

Monday,October 8th, 2007
Portsmouth, NH

“We have heard promises about energy independence from every single U.S. President since Richard Nixon – Republicans and Democrats."

“The truth is, our energy problem has become an energy crisis because no matter how well-intentioned the promise – no matter how bold the proposal – they all fall victim to the same Washington politics that has only become more divided and dishonest; more timid and calculating; more beholden to the powerful interests that have the biggest stake in the status quo.”

“There are some in this race who actually make the argument that the more time you spend immersed in the broken politics of Washington, the more likely you are to change it. I always find this a little amusing. I know that change makes for good campaign rhetoric, but when these same people had the chance to actually make it happen, they didn’t lead. When they had the chance to stand up and require automakers to raise their fuel standards, they refused. When they had multiple chances to reduce our dependence on foreign oil by investing in renewable fuels that we can literally grow right here in America, they said no.”

“Now, some of these policies are difficult politically. They aren’t easy. But being President of the United States isn’t about doing what’s easy. It’s about doing what’s hard. It’s about doing what’s right. Leadership isn’t about telling people what they want to hear – it’s about telling them what they need to hear.”

“When I arrived in the U.S. Senate, I wanted to do whatever I could to make real progress toward energy independence….I knew that America hadn’t raised the fuel standards for our cars in twenty years….So I decided to try something new. I reached across the aisle and worked with Republicans like Dick Lugar to come up with a plan to raise our fuel standards that won support of lawmakers who had never supported raising fuel standards before. And I didn’t just give a speech about it in front of some environmental audience in California. I went to Detroit, I stood in front of a group of automakers, and I told them that when I am President, there will be no more excuses – we will help them retool their factories, but they will have to make cars that use less oil.”

“Now I have to admit – the room was pretty quiet after that. But I said what I did because I believe America has had enough of politicians who just tell everyone what they want to hear. We have to tell people the truth. And the truth is that we can’t afford to let the same old politics stand in the way of our future anymore.”