HILLARY:
Creating a $50 Billion Strategic Energy Fund and Demand that Oil Companies Invest in Clean Energy --
In 2005, Exxon Mobil's CEO told Congress that his company's investment in alternative energy technologies over the prior decade was "negligible." Hillary believes it is time for oil companies to do their share in funding clean energy technologies. She would give oil companies a choice: invest more in renewable energy technology or pay into a Strategic Energy Fund. The Strategic Energy Fund would also eliminate oil company tax breaks and make sure that oil companies pay their fair share in royalties when drilling on public lands. This fund would jumpstart a clean energy future by injecting $50 billion over ten years into research, development and deployment of renewable energy, energy efficiency, clean coal technology, ethanol and other homegrown biofuels.
OBAMA:
Sen. Barack Obama has made an aggressive carbon cap-and-trade program the centerpiece of his energy and environmental agenda. He intends to raise $150 billion over 10 years from the auctioning of carbon pollution credits, and using the money to fund a variety of initiatives to boost energy efficiency, new alternative energy sources and fuels, and the revolutionizing of the American auto industry.
The Plan: Obama would enact a $150 billion, 10-year plan to slash greenhouse gas emissions by 80% and invest in renewable and alternative energy technology, including biofuels and clean coal.
How He'd Pay for It: An auction of carbon credits from a cap-and-trade greenhouse gas pollution regulation.
What Sets Him Apart: Creation of an independent, private Clean Technologies Deployment Venture Capital Fund, funded with $10 billion for five years, to invest in technology development.
http://www.thedailygreen.com/environmental-news/latest/Barack-Obama-green-vote-47102504OBAMA SOUNDS ABOUT 3 TIMES BETTER, NO?