So, to summarize, tax big oil, and funnel the money to Democrat businesses.LEMONT, Ill. — President Barack Obama is pushing Congress to authorize $200 million a year for research into clean energy technologies that can wean automobiles off oil.
Obama proposed the idea of an energy security trust last month in his State of the Union address, but he was putting a price tag on the idea during a trip Friday to the Argonne National Laboratory outside Chicago — $2 billion over 10 years. The White House said the research would be paid for with revenue from federal oil and gas leases on offshore drilling and would not add to the deficit.
The money would fund research on "breakthrough" technologies such as batteries for electric cars and biofuels made from switch grass or other materials. Researchers also would look to improve use of natural gas as a fuel for cars and trucks.
White House officials said the president's proposal would not require expansion of drilling to federal lands or water where it is now prohibited. Instead, they are counting on increased production from existing sites, along with efficiencies from an administration plan to streamline drilling permits. The government collects more than $6 billion a year in royalties from production on federal lands and waters.
Obama's push for the energy trust came as the Environmental Protection Agency released a new report Friday indicating that fuel economy standards rose last year by 1.4 miles per gallon — the largest annual increase since EPA started keeping track. The agency said the improvement was due to better availability of high-performing cars and more options for consumers.
The Alliance of Automobile Manufacturers suggested that rather than encouraging research on fuel-efficient cars, the government should focus on making diverse fuels more available and improving transportation infrastructure.
Argonne is one of the Energy Department's largest national laboratories for scientific and engineering research, staffed by more than 1,250 scientists and engineers. White House officials said it was chosen as the site of the president's speech because of its tradition of research into vehicle technologies.....snip~
Obama wants research to wean vehicles off oil - Americas - Stripes
By MATTHEW DALY and NEDRA PICKLER The Associated Press <<<<<More here!
We did hear Obama say about taking care of infrastructure. So why isn't he listening to the Alliance of Auto Manufacturers on that point. I don't have a problem with Government State, local, and Fed, moving their Vehicles to natural gas. Anybody else? Thoughts?