RSSMcCain and Obama’s energy proposals
From: The Washington Times | October 9, 2008
Republican John McCain: Favors increased offshore drilling and building 45 nuclear power reactors by 2030. Crystal Benton, speaking for McCain, said he proposes no federal spending to help in construction of the plants. McCain believes the goal can be achieved with loan guarantees in existing law, with resolution of the impasse over waste disposal and with financial advantages the industry would have as a zero-emissions power source under his cap and trade program, she said. McCain opposes drilling in Alaska's Arctic National Wildlife Refuge. Proposed suspending the 18-cent a gallon federal gasoline tax but idea got no traction. Global warming plan would increase energy costs.
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