Former Senator John Edwards (D-N.C.) -- now a presidential hopeful -- has just published his latest energy plan. One important plank of that plan foresees the nation producing (not just consuming, which would allow for imports) 65 billion gallons a year of ethanol by 2025. ("I'll meet your bid for 2030, Barack, and raise it by five billion!")
If the 51 cents a gallon volumetric ethanol excise tax credit (VEETC) is extended beyond the end of 2010 -- as most commentators and even the USDA expect will happen -- here's what the cumulative cost to the U.S. Treasury would be from 2007 through 2025, assuming straight-line growth:
Almost $350 billion (=$0.51 x 19 x [7+(65-7)/2]).
According to an account from an appearance at Howard University, John Edwards has become the first presidential candidate to publicly pledge to the target of reducing U.S. GHG emissions by 80% by 2050. That’s the baseline. Who else will step up?
Democratic presidential candidate John Edwards announced this week that his campaign is going carbon neutral. “Global warming is an emergency and we can’t wait until the next president is elected to take action,” said Edwards in a press release. “Each of us can take responsibility in small ways to make a big difference. I encourage […]
You probably heard that John Edwards has officially declared his candidacy for president. Here are his top five priorities:
- Provide moral leadership in the world
- Strengthen our middle class and end poverty
- Guarantee universal health care for every American
- Lead the fight against global warming
- Get America and other countries off our addiction to oil
Edwards, who's been working primarily on poverty since the 2004 election, announced in the 9th Ward of New Orleans. Here's the video:
There's lots of buzz in the progressosphere about a new poll in Iowa -- site of a pivotal Dem primary -- showing John Edwards in the lead.
Another poll of Iowa Dems commissioned by Environmental Defense also found some interesting stuff:
- A 72% of majority of Democratic caucus-goers say they consider global warming to be extremely (32%) or very (39%) serious -- while another 15% say it is fairly serious. Only 11% dismiss it as just somewhat (9%) or not at all serious (2%).
- Among a separate poll of Democratic county chairs and vice chairs, 77% think global warming is extremely (37%) or very (40%) serious -- plus 14% who say it is fairly serious.
Perhaps even more interesting, voters don't know which candidates are best on the issue: