You've got a ride.
The relationship between the United States and Saudi Arabia is a tenuous one. For better or worse, it usually involves the American government siding with the Saudi royal family – arguably at the expense of the people over which the latter rule. But this time, the roles have changed, with U.S. lawmakers taking up a cause championed by social activists on the street (quite literally) against the nation's historically conservative government and social mores.
Hillary Clinton's energy plan includes a fuel efficiency standard of 55 MPG by 2030. For comparison, Edwards proposes 40 MPG by 2016, Bill Richardson 50 MG by 2020 and Obama 40 MPG by 2016 but with a 4 percent increase each year. The Energy Bill, currently being debated, may be 35 MPG by 2020. Hillary's plan is not all sticks and includes some very large carrots: $20 billion of "Green Vehicle Bonds" to help U.S. automakers "retool" their plants so vehicles will hit 55 MPG.
Calling for higher fuel economy standards will be a hallmark of the 2008 presidential elections, mark our words. Politicians used to shy away from the issue, knowing that while the act of improving fuel economy might be popular with the people, automakers themselves would resist. Each democratic candidate is calling for increased federal fuel economy standards, but Hillary Clinton topped most today during a speech in Iowa when she called for national fleetwide average of 55 MPG by 2030.
Hillary Clinton's energy plan is expected today or tomorrow according to Grist. Hillary is widely seen as the Democratic front runner, so this energy plan will be considered by the media more than any other. What's Hillary's fuel economy standard? What does Hillary have to say about ethanol? We will keep you informed as the story develops.
In an address to the National Press Club Tuesday, Senator Hillary Rodham Clinton (D-NY) jumped on the ethanol bandwagon, calling for a massive expansion of the U.S. ethanol distribution infrastructure to reach half of the nation's gas stations by 2015, aided by a 50-percent tax credit for station owners installing ethanol pumps.
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