Senator Clinton pushes ethanol, calls for creation of "Strategic Energy Fund"
Sen. Clinton called for an overarching energy goal of cutting U.S. imports of foreign oil in half by 2025 - a reduction of almost 8 million barrels a day.
In addition to widespread adoption of ethanol fuel, Sen. Clinton proposed a $50 billion "Strategic Energy Fund," paid for out of the windfall profits of big oil companies. Senator Clinton announced that she is introducing legislation to create the fund, which is intended to support "research, development and deployment of energy technologies that will reduce America's oil dependence and greenhouse gas emissions."
The full text of Senator Clinton's speech, and details of the proposed Strategic Energy Fund are available here.
[Source: U.S. Senate web site - Sen. Hillary Rodham Clinton]
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