Quantcast

Thursday, July 31, 2014         

 Print   Email   Comment | View 7 Comments   Most Popular   Save   Post   Retweet

Obama wants research to wean vehicles off oil

By Matthew Daly and Nedra Pickler

Associated Press

POSTED:
LAST UPDATED: 04:38 a.m. HST, Mar 15, 2013


WASHINGTON » President Barack Obama is pushing Congress to authorize $200 million a year for research into clean energy technologies that can wean automobiles off oil.

Obama proposed the idea of an energy security trust last month in his State of the Union address, but he was putting a price tag on the idea during a trip today to the Argonne National Laboratory outside Chicago — $2 billion over 10 years. The White House said the research would be paid for with revenue from federal oil and gas leases on offshore drilling and would not add to the deficit.

The money would fund research on "breakthrough" technologies such as batteries for electric cars and biofuels made from switch grass or other materials. Researchers also would look to improve use of natural gas as a fuel for cars and trucks.

The proposal is modeled after a plan submitted by a group of business executives and former military leaders who are committed to reducing U.S. oil dependence. The group, called Securing America's Future Energy, is headed by FedEx Corp. Chairman and CEO Frederick W. Smith and retired Marine Corps Gen. P.X. Kelley. The nonpartisan group says its goal is to "break oil's stranglehold on the transportation sector" through alternatives such as electric cars and heavy-duty trucks fueled by natural gas, but it had proposed a much larger $500 million annual investment.

Creation of the trust would require congressional approval at a time of partisan divide over energy issues. Obama tried to appeal to both parties by pitching the policy not just as an environmental issue but as a job-creation plan that would help the United States remain a technology leader.

"If a nonpartisan coalition of CEOs and retired generals and admirals can get behind this idea, then so can we," Obama said in his State of the Union address. "Let's take their advice and free our families and businesses from the painful spikes in gas prices we've put up with for far too long."

There were signs agreement may be possible. Alaska Sen. Lisa Murkowski has called it "an idea I may agree with."

Murkowski, senior Republican on the Senate Energy Committee, did not fully endorse the plan, which is similar to one she has proposed to use revenue from drilling for oil and natural gas on public lands that previously were off-limits to energy production to pay for research on new energy technologies.

White House officials said the president's proposal would not require drilling on federal lands or water where it is now prohibited. Instead, they are counting on increased production from existing sites, along with efficiencies from an administration plan to streamline drilling permits. The government collects more than $6 billion a year in royalties from production on federal lands and waters.

Argonne is one of the Energy Department's largest national laboratories for scientific and engineering research, staffed by more than 1,250 scientists and engineers. White House officials said it was chosen as the site of the president's speech because of its tradition of research into vehicle technologies.






 Print   Email   Comment | View 7 Comments   Most Popular   Save   Post   Retweet

COMMENTS
(7)
You must be subscribed to participate in discussions
By participating in online discussions you acknowledge that you have agreed to the TERMS OF SERVICE. An insightful discussion of ideas and viewpoints is encouraged, but comments must be civil and in good taste, with no personal attacks. Because only subscribers are allowed to comment, we have your personal information and are able to contact you. If your comments are inappropriate, you may receive a warning, and if you persist with such comments you may be banned from posting. To report comments that you believe do not follow our guidelines, email commentfeedback@staradvertiser.com.
Leave a comment

Please login to leave a comment.
Pocho wrote:
CRAZY The US must have a lot of money for research. isn't the electric cars not good enough? etc.
on March 15,2013 | 05:13AM
palani wrote:
Batteries and switchgrass (or algae) biofuels are NOT "breakthrough technologies". Batteries have been around for more than 100 years, and oil/gas ARE naturally produced biofuels. I much prefer some level of government support to pure research instead of outright crony subsidies for inefficient and not-ready-for-primetime alternative energy experiments.

A much more likely, economically and technologically competitive emerging technology is fuel cells powered by our virtually unlimited domestic reserves of natural gas.

Obama need to be weaned off the public feeding trough.


on March 15,2013 | 05:16AM
Pocho wrote:
let's raise taxes to support researching
on March 15,2013 | 06:36AM
Kalli wrote:
Why does Obama think that he can pick or choose technologies? Let the market decide. Ever hear of Solindra?
on March 15,2013 | 05:20AM
Changalang wrote:
This comment has been deleted.
on March 15,2013 | 06:03AM
2Lolo wrote:
I agree with your posts, but, who's Big Dan?
on March 15,2013 | 07:53AM
HD36 wrote:
This President got the wrong idea of what government is supposed to do for the people. The government is supposed to provide for national defense. That's it according to the Constitution. The free market will provide the answers for the rest. And the nice thing, if the idea is bad, it goes out of business. If the government comes up with a bad idea, we keep losing money until we run out of other people's money.
on March 15,2013 | 08:23AM
smooshpappy wrote:
"Creation of the trust would require congressional approval at a time of partisan divide over energy issues. Obama tried to appeal to both parties by pitching the policy not just as an environmental issue but as a job-creation plan that would help the United States remain a technology leader." Good luck on that!
on March 15,2013 | 11:07AM
IN OTHER NEWS
Breaking News
Blogs
The Green Leaf
Marine debris art

Political Radar
`Toss up’

Political Radar
Super

Political Radar
Hilton; Plaza Club

Political Radar
Direct mail

Political Radar
Direct mail