McCain's energy plan: let the market decide
McCain also wants to eliminate both subsidies for corn ethanol and tariffs on imported biofuels like sugar cane ethanol from Brazil. While McCain supports the development of next-generation biofuels and wants automakers to accelerate getting more flex-fuel vehicles on the market, he makes no mention whatever of distribution. While Brazil has encouraged ethanol and flex-fuel, the country has also mandated that fuel stations have to include ethanol pumps. The candidate also supports tax credits of up to $5,000 for purchasing plug-in vehicles and bigger fines for manufacturers that miss CAFE targets. To help reduce carbon emissions further and help support the use plug-ins, McCain wants to build 45 new nuclear plants over the next two decades. Offsetting this, McCain also wants to spend $2 billion a year for the next fifteen years on clean coal technology. Even if they can carbon capture on a large scale, McCain makes no mention of the environmental impact of current mining techniques like mountain top removal. Check out more at GFF.
[Source: Green Fuels Forecast]
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