The citizen's network for sutainable development aims at creating a campaign for leadership on sustainability. A few months ago, it published and analyzed the programme of the two candidates to the presidency of the United States. We publish here his energy strategy.
Obama-Biden energy strategy
Obama-Biden describe "a comprehensive energy plan that provides immediate relief to struggling families." His climate change goals include setting an emissions target of 80% reduction (below 1990 levels) by 2050 and reaching 1990 levels by 2020. Key objectives they highligh in this plan are:
- Provide short-term relief to American families facing pain at the pump.
- Help create five million new jobs by strategically investing $150 billion over the next ten years to catalyze private efforts to build a clean energy future.
- Within 10 years save more oil than we currently import from the Middle East and Venezuela combined.
- Put one million Plug-in Hybrid cars on the road by 2015.
- Ensure 10% of our electricity comes from renewable sources by 2012, and 25% by 2025.
- Implement an economy-wide cap-and-trade program to reduce greenhouse gas emissions 80% by 2050.
His primary mechanism for achieving this is a market-based cap-and-trade system. The cap and trade system requires a 100 percent auction of air pollution credits, ensuring that coal, oil and other companies pay for the emissions they release. The revenue from this system would then be invested in development and deployment of clean energy technologies, energy efficiency improvements, and subsidies to aid low-income families with their energy costs.
Obama's plan to promote a "clean energy economy" involves investing $150 billion in advanced energy technologies over the next ten years, creating new jobs in clean technologies. Part of the plan calls for new national low-carbon standards, such as (1) a national low-carbon fuel standard; (2) requiring 25% of electricity to come from renewable sources by 2025; and a Federal Government transition to the use of renewable sources of electricity; at least 30% by 2020.
Energy efficiency is another priority. All federal buildings are to be zero-emissions by 2025 and all new federal buildings to be 40% more energy efficient within the next five years. All new building effiency is to be increased by 50% in the coming decade. Inefficient incandescent A light bulbs are to be phased out by 2014. Federal efficiency codes are to be overhauled. Obama also wants to create a Green Job Corps.