 150 MILES PER GALLON OBAMA'S 10 YEAR PLAN  From an electric plugin hybrid that Obama says "I will direct it to be available within 10 years"? "No nuclear, coal, or offshore, ANWAR, foreign oil! Fill 'er up with a gallon of Solar/Wind stuff!" |
Obama pledged direct financial support for Michigan's bedrock auto industry and urged changes in the way the country creates and consumes energy. He called for $4 billion in guaranteed loans and tax credits to help U.S. automakers retool for more fuel-efficient cars and to develop batteries for plug-in hybrids that get up to 150 m.p.g. The new breed of automobiles would fetch a $7,000 federal tax credit for buyers. ..Obama said the auto industry would benefit from his $150-billion, 10-year plan to develop alternative energy sources, including fuel cells to power vehicles. "I know how much the auto industry and the autoworkers of this state have struggled over the last decade or so," Obama told about 1,000 supporters at the Lansing Center who sang him "Happy Birthday" on his 47th. "But I also know where I want the fuel-efficient cars of tomorrow to be built -- not in Japan, not in China, but right here in the United States of America. Right here in the state of Michigan." Obama also called again for an immediate $1,000 "energy rebate" to U.S. families, paid for with higher taxes on oil company profits. Obama HQ |
