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McCains Energy Plan

             The Lexington Project is the name given to John McCain's energy policy. Named after the town of Lexington, Massachusetts, it is symbolic of people asserting their independence - as the United States is now trying to become more energy independent. .
             McCain's energy policy has six actions:.
             1. Expand domestic oil and natural gas exploration and production, use the U. S. reserves of natural gas to provide immediate relief to consumers, and lift the ban on drilling in the Outer Continental Shelf so that offshore drilling can take place.
             2. Use incentives to reform the transportation system. The first is a $5000 tax credit to consumers who buy a zero-carbon emissions vehicle. The second is a $300 million prize to any company that successfully develops a high powered vehicle battery package for the next generation of hybrids and plug-in cars. .
             McCain also will encourage carmakers to produce more than 50% flex-fuel vehicles before their agreed-upon deadline of 2012; eliminate the exclusive use of corn-based ethanol gasoline and allow the market to find better alternatives for fuel, including alcohol-based ones such as cellulosic ethanol; and increase the penalties to automakers that do not uphold the current mileage standards passed by Congress. .
             3. Invest in clean alternative energy sources such as $2 billion each year for coal technologies that can be exported to countries seeking to maximize their energy uses. McCain proposes to build 45 new nuclear power plants by 2030 and an additional 55 for a total of 100 over an unspecified timeframe. Companies that focus on research and development of alternative energies will receive a permanent tax credit of 10 percent of their R.
            


Essays Related to McCains Energy Plan

1. John McCain's Stance on Offshore Drilling

John McCain has an interesting stance on offshore drilling. ... For the longest time, McCain was opposed to any idea that purported drilling just off the coast of the United States. ... Now, things have changed and McCain seems to be onboard with those changes. ... His plan, as has been outlined numerous times during the campaign would call for not only offshore drilling, but a full comprehensive energy plan that focused on finding new, renewable forms of energy. In his article, West goes on to say, "McCain advocates offshore drilling not as a complete energy solution, but as one component o...

  • Word Count: 436
  • Approx Pages: 2
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2. Obama Defends His Energy Policy Despite Rising Gas Prices

And since it's an election year, they're already dusting off their three-point plans for $2 gas. ... Obama isn't the first politician to center his plan on increasing domestic drilling, however. Senator John McCain saw his points go up during the 2008 presidential campaign after his running mate, Sarah Palin, exclaimed, "Drill, baby, drill" to an audience (Landler). ... They know that's not a plan, especially since we're already drilling. ... It's not a strategy to solve the energy challenge. ...

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3. Offshore Drilling: What Happened to Going Green?

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  • Word Count: 708
  • Approx Pages: 3
  • Has Bibliography
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4. The New Offshore Drilling Proposal

For the past few years, environmentally sustainable sources of energy and fuel have been at the forefront of the media and minds of Americans more than ever before. ... But even with funding for green energy increasing and one of the most persistent promoters of information on global warming (Nobel Prize recipient Al Gore) reaching celebrity status, we are seeing a startling net increase in the emissions of the greenhouse gas Carbon Dioxide and a revitalized political commitment to dependence on oil, foreign and otherwise. ... The well-promulgated fact that the U.S. expends approximately...

  • Word Count: 706
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5. presidential election of 2000

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6. Enron

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7. George W. Bush

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8. Concepts on the War in Iraq

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9. Media

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  • Word Count: 7521
  • Approx Pages: 30
  • Grade Level: Undergraduate

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