Friday, August 03, 2007

Edwards, Obama, Richardson and Clinton on Energy

Which of the major Democratic party candidates has the best energy platform? I thought I'd do a comparison based on what I could find on their websites and some interviews. The good news is that all four of Edwards, Obama, Richardson, and Clinton have either "Energy" or "Energy and Environment" as one of the top-level platform issues on their sites. The not-so-good news is the content of those platform proposals. Details below!



(Cross-posted from my blog at altenergyaction.org.)




To facilitate comparisons I broke down the candidates' energy plans into 14 significant policy areas, with an additional note on the detail level of the plans and a final "miscellaneous" category for special ideas found in each. Every one of the proposals has something that seems unique and useful, but not all will do as much to solve our energy and climate problems.


























Energy policy areaEdwardsObamaRichardsonClinton
Plan detail levelMediumLowHighLow
CO2 reduction goal15% by 2020, 80% by 205080% by 205020% by 2020, 80% by 2040, 90% by 2050No policy
Post-KyotoYes: binding greenhouse reductions in trade agreementsAfter we take first step; help developing countries with our technologyMandatory world-wide limits, help finance leapfrogging in developing countriesNo policy
CAFE40 mpg by 20164% annual increase35 mpg by 2016, 50 by 2020No policy
Renewable electric standard25% by 2025No policy30% by 2020, 50% by 204020% by 2020
Bio-fuelsGoal of 65 billion gallons/year by 2025 (corn ethanol first, then cellulosic)National Low Carbon Fuel Standard: reduce fossil carbon in fuels by 5% in 2015, 10% in 2020; expand E85 and biodiesellife-cycle low carbon fuel standard - 30% lower by 2020Part of Strategic Energy Fund
Carbon tax or cap and trade?Cap and tradeCap and tradeCap and tradeCap and trade
"Clean coal"freeze on new coal power until sequestration in placeNo freeze; use cap and trade market to decideby 2020 new plants have to emit 90% below today'sFund R&D on "clean coal"
Energy R&D$13 billion/year New Energy Economy fundNo policyEnergy and Climate Investment Trust Fund - several billion dollars/yearPart of Strategic Energy Fund
Solar/wind production tax creditmake permanentNo policy10-year extension; add storage technology tax creditNo policy
Oil company subsidiesRepealNo subsidies that increase global warmingInvite oil companies to become energy companiesEliminate tax breaks, create new "Strategic energy fund" - oil companies can invest in renewable energy themselves, or pay into the fund
Distributed generation$5000 tax credit, R&D, smart meters, smart gridsNo policyNo policyNo policy
Public transportationNo policyNo policyincrease funding, tax incentives for passengersNo policy
Buildingsweatherizing and other efficiencyNo policygoal of 50% savings by 2030; incentives and regulations on retrofits and new buildingsNo policy
Improving EfficiencyGoal-based; cut US govt energy use 20%, add R&D dollarsMarket-based; don't prejudge what worksStrong federal standards; efficiency resource program through utilitiesMarket-based; invest in R&D
Other ideasGreenCorps - volunteers adding renewable/efficient infrastructuredomestic auto makers get health care assistance for efficiency investments100 mpg car, smart growth, bike and walking trails, more specifics"Apollo Project-like program" for energy independence

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