Newt on September 7 2006 wrote:Achieve Sustainable Energy Independence.
The country is eager for a straightforward new energy strategy for national security, environmental and economic reasons. The combination of $3 gasoline, watching Iran, Venezuela, Saudi Arabia and Russia get more of our money, and concerns about the environment come together to require real change. The House should meet that need. Starting with Rep. Jim Nussle's (R-Iowa) bill on renewable fuels, adding to it clean nuclear power using new technologies that are safe and produce little waste, developing more clean coal solutions, investing in a conversion to a hydrogen economy, incentivizing conservation, providing tax credits so the auto industry can invest in the new technology and new manufacturing equipment needed to produce revolutionary new vehicles, creating the tax incentives to build the distribution system for biofuels, hybrids, and hydrogen, providing deeper tax incentives for radically better cars (imagine a substantial tax credit for cars exceeding 200 miles to the gallon of petroleum through a combination of E-85 or biodiesel, hybrid use of electricity and hydrogen), and a bill to create state flexibility in exploring off shore with a 50% split in revenue so state legislatures and governors would have an incentive to develop environmentally sound methods of exploration and production.