McCain supports tapping the estimated 18 billion barrels of oil on the U.S. outer continental shelf. \"We can do this in ways that are consistent with sensible standards of environmental protection,\" he said.
";
Biz_Candidates_Energy[i++] = new Array("","OIL SPECULATORS","","","","", "sub", "", "", "", "", "", "", "", "", "", "", "", "", "");
Biz_Candidates_Energy[i-1].body = "Obama proposed requiring U.S. energy futures to trade on regulated exchanges; wants more data on investors in futures markets; backs legislation to look into the idea of increasing margin requirements.
McCain has expressed concern about excessive speculation in futures markets; supports investigations into possible market manipulation; supports new regulations to make the oil futures market more transparent.
";
Biz_Candidates_Energy[i++] = new Array("","NUCLEAR POWER","","","","", "sub", "", "", "", "", "", "", "", "", "", "", "", "", "");
Biz_Candidates_Energy[i-1].body = "Obama supports nuclear power, but says waste disposal and proliferation are important concerns. \"I don't think it's our optimal energy source because we haven't figured out how to store the waste safely,\" he said.
McCain wants to build 45 new nuclear reactors by 2030, and 100 new plants longer term. \"If we're looking for a vast supply of reliable and low-cost electricity -- with zero carbon emissions and long-term stability -- that's the working definition of nuclear energy,\" he said."; Biz_Candidates_Energy[i++] = new Array("","GAS TAX HOLIDAY","","","","", "sub", "", "", "", "", "", "", "", "", "", "", "", "", ""); Biz_Candidates_Energy[i-1].body = "Obama opposes temporarily lifting the federal tax on gasoline; he says the suspension of the tax would save each American family less than $30. \"This isn't a real solution,\" he said.
McCain proposed the gas tax holiday, using other taxes to pay for road projects funded by the tax. \"Let's give low-income Americans a break for the summer and realize maybe they deserve it, given the increase in food costs, given the increase in the cost of gasoline, given the increase in expenses,\" he said."; Biz_Candidates_Energy[i++] = new Array("","CLIMATE CHANGE","","","","", "sub", "", "", "", "", "", "", "", "", "", "", "", "", ""); Biz_Candidates_Energy[i-1].body = "Obama wants to cut carbon dioxide emissions to 80 percent below 1990 levels by 2050; reduce emissions to 1990 levels by 2020; require fuels suppliers to cut carbon content by 10 percent by 2020.
McCain favors cap-and-trade CO2 approach; sponsored a bill in 2007 to cut emissions by 30 percent by 2050.
";
Biz_Candidates_Energy[i++] = new Array("","OIL CONSUMPTION","","","","", "sub", "", "", "", "", "", "", "", "", "", "", "", "", "");
Biz_Candidates_Energy[i-1].body = "Obama wants to reduce overall oil consumption by at least 35 percent, or 10 million barrels per day, by 2030, to offset imports from OPEC nations.
McCain wants United States to be independent from foreign oil by 2025.
";
Biz_Candidates_Energy[i++] = new Array("","ENERGY RESEARCH","","","","", "sub", "", "", "", "", "", "", "", "", "", "", "", "", "");
Biz_Candidates_Energy[i-1].body = "Obama wants to invest $150 billion over 10 years on low-carbon energy sources; double research spending on biomass, solar and wind resources; accelerate commercialization of plug-in hybrids, and invest in low-emissions coal plants.
McCain proposed offering a $300 million prize to the auto company that develops a next-generation car battery that will help America become independent from oil; wants to commit $2 billion annually to advancing clean-coal technology.
";
Biz_Candidates_Energy[i++] = new Array("","ARCTIC NATIONAL WILDLIFE REFUGE","","","","", "sub", "", "", "", "", "", "", "", "", "", "", "", "", "");
Biz_Candidates_Energy[i-1].body = "Obama opposes drilling in ANWR.
McCain wants more oil drilling on some outer continental shelf lands, but does not support ANWR drilling \"at this time.\"
";
Biz_Candidates_Energy[i++] = new Array("","VEHICLE FUEL ECONOMY","","","","", "sub", "", "", "", "", "", "", "", "", "", "", "", "", "");
Biz_Candidates_Energy[i-1].body = "Obama wants to double fuel economy standards in 18 years and give automakers tax credits to retool plants and invest in advanced lightweight materials and new engines.
McCain has not specified vehicle fuel economy targets; voted against energy amendments in 2003 that would have boosted fuel economy standards to 40 mpg by 2015; supports increasing fines for car companies that do not meet standards; and wants to provide tax credits based on vehicles' carbon emissions
";
Biz_Candidates_Energy[i++] = new Array("","BIOFUELS","","","","", "sub", "", "", "", "", "", "", "", "", "", "", "", "", "");
Biz_Candidates_Energy[i-1].body = "Obama wants to boost Renewable Fuel Standard to at least 60 billion gallons of advanced biofuels like cellulosic ethanol by 2030; build out ethanol distribution infrastructure, mandate that all new vehicles be \"flexfuel\" by end of his first term, produce 2 billion gallons of \"cellulosic\" ethanol from non-corn sources like switchgrass by 2013.
McCain favors ethanol incentives after opposing them in the past; generally opposes subsidies and tariffs that distort marketplace."; Biz_Candidates_Energy[i++] = new Array("","ELECTRICITY","","","","", "sub", "", "", "", "", "", "", "", "", "", "", "", "", ""); Biz_Candidates_Energy[i-1].body = "Obama wants to require U.S. utilities to get 25 percent of their electricity from renewable sources like wind and solar by 2025.
McCain wants to reduce red tape to increase investment to upgrade the national grid; wants national grid to have capacity to charge electric cars on a mass scale; supports use of SmartMeter technologies, which give customers a more precise picture of their energy consumption and encourage more cost-efficient use of power."; Biz_Candidates_Energy[i++] = new Array("","YUCCA MOUNTAIN","","","","", "sub", "", "", "", "", "", "", "", "", "", "", "", "", ""); Biz_Candidates_Energy[i-1].body = "Obama opposes storing nuclear fuel at Yucca Mountain repository in Nevada but says nuclear power should be on the table to meet climate goals.
McCain supports Yucca and wants more nuclear usage.
";
// END editorial data