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Bush to Unveil New Energy Proposals
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Do you like President Bush's energy initiatives?
Yes
42%
 42%  [ 3 ]
No
57%
 57%  [ 4 ]
Total Votes : 7

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Puck
The Texan


Joined: 05 Jan 2004
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PostWed Apr 27, 2005 7:12 am    Bush to Unveil New Energy Proposals

Quote:


Bush to unveil new energy proposals

From Elaine Quijano and Catherine Berger
CNN

WASHINGTON (CNN) -- Against a backdrop of high gas prices and the approaching summer driving season, President Bush is poised to give his second energy speech in a week, unveiling new initiatives aimed at helping address the nation's energy needs, according to senior administration officials.

The president will outline his proposals during remarks Wednesday at a conference of the Small Business Administration.

While he's expected to address many issues he's been talking about since he first proposed energy legislation in 2001, including increasing domestic oil production, the president will focus on the theme of "how technology can be applied to ensure affordable, reliable and ... secure supplies of energy" and will unveil five new initiatives.

One of the new items deals with nuclear power. Officials say the president will call on the Department of Energy to work with Congress to reduce uncertainty in the licensing process.

"The president will propose ... basically, a risk insurance to mitigate the cost of delays as a result of any potential failures in the licensing process," one official said.

The Bush administration says that despite a newer licensing process at the Nuclear Regulatory Commission, experiences in the 1970s and 1980s have left "substantial uncertainty" among potential investors about their ability to negotiate the new system. Administration officials said they were not yet prepared to discuss how much the proposed risk insurance might cost.

The president will also discuss a plan to encourage building new oil refineries on closed military sites. Officials say Bush will ask federal agencies to work with states and local communities to try to identify ways to get new refinery expansion in the U.S.

The last oil refinery built in the United States was the Marathon Oil Corp. facility in Garyville, Louisiana, dedicated in 1976. While the capacity of existing refineries has been expanded to keep pace with rising demand, a shortage of refining capacity has helped push U.S. gasoline prices to record levels.

Other new items will include a call to Congress to grant federal authority (via the Federal Energy Regulatory Commission) over the siting of new liquefied natural gas terminals, to increase the supply of natural gas and reduce prices.

Additionally, the president will call for expanding his existing tax credit proposal, which currently applies to hybrid and fuel-cell vehicles, to include vehicles using new clean diesel technology.

Lastly, officials say, the president will touch on expanded international cooperation in cleaner and more efficient energy technologies.

The House of Representatives recently passed an energy bill. The Senate has yet to do so. According to White House officials, the president hopes to have the new initiatives incorporated into current energy legislation and to have the bill on his desk before the August recess.

But despite the focus on energy this week and in the past, the officials seemed to acknowledge, when asked, that there is no short-term fix for the nation's energy problems.

"You've heard the president say many times," said one administration official, "that the problems that we're facing today and the ones that we seek to address in his comprehensive energy plan have been a long time in the making. And the benefits of these policies will be some time in the development."



Find this article at:
http://www.cnn.com/2005/POLITICS/04/27/bush.energy/index.html






Last edited by Puck on Thu Apr 28, 2005 7:06 am; edited 1 time in total


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webtaz99
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PostWed Apr 27, 2005 11:47 am    

{stifles a yawn}
What could a president so obviously in the pocket of Big Business have to say?



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Dirt
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PostWed Apr 27, 2005 1:03 pm    

I think that the American goverment should look for energy sources that will last longer than oil does. Otherwise it might create a permanent problem, and it won't be so easy to quickly develop a new energy source then. But as a temporary thing it would work, just hoping they'll look on the long term too.

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Puck
The Texan


Joined: 05 Jan 2004
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PostWed Apr 27, 2005 7:21 pm    

Quote:


Bush urges more refineries, nuclear plants


WASHINGTON (CNN) -- Comparing U.S. dependence on overseas oil to a "foreign tax on the American people," President Bush on Wednesday proposed a series of energy initiatives, including more oil refineries and nuclear plants, to combat the problem.

In a speech to a Small Business Administration conference in Washington, Bush announced five proposals focusing on technology to ensure affordable and reliable supplies of energy.

His second energy speech in a week comes as gas prices soar ahead of the summer driving season.

"Technology is allowing us to better use our existing energy resources," Bush said. "And in the years ahead, technology will allow us to create entirely new sources of energy in ways earlier generations could never dream."

He said the United States must develop policies to make it less dependent on oil and other fossil fuels but stressed that he could not just lower soaring gas prices.

"Our dependence on foreign energy is like a foreign tax on the American people. It is a tax our citizens pay every day in higher gasoline prices and higher costs to heat and cool their homes. It's a tax on jobs and a tax that is increasing every year," Bush said.

"The problem is clear; the problem did not develop overnight. It is not going to be fixed overnight."

The president discussed a plan to encourage building oil refineries on former military sites. Administration officials said Bush will ask federal agencies to work with states and local communities to try to identify ways for refinery expansion.

He also called on the Department of Energy to work with Congress to reduce uncertainty in the licensing process of nuclear power plants.

"A secure energy future for America must include more nuclear power," Bush said.

The Bush administration said that despite a newer licensing process at the Nuclear Regulatory Commission, experiences in the 1970s and 1980s have left uncertainty among potential investors about their ability to negotiate the new system.

The president proposed "risk insurance" to mitigate the cost of possible delays in the licensing of new reactors.

Administration officials said they were not prepared yet to discuss how much that insurance might cost.

Other items on the Bush agenda included a call to Congress to grant federal authority (via the Federal Energy Regulatory Commission) over the location of new liquefied natural gas terminals in an effort to increase the supply of natural gas and reduce prices.

Additionally, the president called for expanding his existing tax credit proposal, which currently applies to hybrid and fuel-cell vehicles, to include those using new clean diesel technology.


Bush also touched on expanded international cooperation in cleaner and more efficient energy technologies.

The House of Representatives recently passed an energy bill, but the Senate has yet to do so. Bush urged the Senate to pass energy legislation and to have a bill on his desk before the August recess.

CNN's Catherine Berger and Elaine Quijano contributed to this report.



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Republican_Man
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PostThu Apr 28, 2005 12:05 am    

I think Bush's plan is quite fine, if I do say so myself.


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Jeff Miller
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PostThu Apr 28, 2005 1:00 am    

I think this sucks, the last thing I want is a nuclear reactor in my back yard. I would rather use solar energy than nuclear energy.

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Puck
The Texan


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PostThu Apr 28, 2005 6:59 am    

The nuclear part is fine. The part that I don't like is that the primary focus still seems to be on fossil fuels, instead of finding new ways to power us.

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nadia
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PostThu Apr 28, 2005 7:00 am    

is this good or bad(sorry, its like 10pm and Im to tired to read the entire thing)

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Link, the Hero of Time
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PostThu Apr 28, 2005 1:41 pm    

So mr. President, where are you expecting us to put the waste that comes with Nuclear Power?


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Theresa
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PostThu Apr 28, 2005 1:55 pm    

When one of you develops a cold fusion reactor, then you have the right to be all "high and mighty", until then, every viable source we have has problems. Hell, studies show cow farts mess up the ozone layer, <---at the cow fart study, (read it)


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Dirt
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PostThu Apr 28, 2005 3:11 pm    

Dirt wrote:
I think that the American goverment should look for energy sources that will last longer than oil does. Otherwise it might create a permanent problem, and it won't be so easy to quickly develop a new energy source then. But as a temporary thing it would work, just hoping they'll look on the long term too.


Note: Appereantly this post was un-meish


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Theresa
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PostThu Apr 28, 2005 3:31 pm    

Gosh, only one typo,


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webtaz99
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PostFri Apr 29, 2005 7:30 am    

Jeff Miller wrote:
I think this sucks, the last thing I want is a nuclear reactor in my back yard. I would rather use solar energy than nuclear energy.


Please do some research (and some math). Solar can work for individual houses, but it will never supply enough for industry and transportation.



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Jeff Miller
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PostFri Apr 29, 2005 11:00 am    

I don't care what it can and can't do, I don't want a nuclear reactor in my back yard, you may. But I don't.

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Dirt
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PostFri Apr 29, 2005 11:56 am    

Fine Jeff, no reactor for you then. Suppose you can go make yourself a fire by rubbing two sticks over another.

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madlilnerd
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PostFri Apr 29, 2005 12:31 pm    

Nuclear energy is great. Lets stick with that.

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Jeff Miller
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PostFri Apr 29, 2005 2:26 pm    

Dirt wrote:
Fine Jeff, no reactor for you then. Suppose you can go make yourself a fire by rubbing two sticks over another.


Weren't you warned not to talk to me?


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Jeremy
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PostSat Apr 30, 2005 8:25 am    

webtaz99 wrote:
Jeff Miller wrote:
I think this sucks, the last thing I want is a nuclear reactor in my back yard. I would rather use solar energy than nuclear energy.


Please do some research (and some math). Solar can work for individual houses, but it will never supply enough for industry and transportation.


Yes, but if it is used for individual houses then the massive amount of energy used by them can be cut down a lot. This would mean that the fuel such as oil will last years longer, because less is being used. It doesn't have to be a total and immediate change.


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webtaz99
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PostSat Apr 30, 2005 10:18 pm    

Jeff Miller wrote:
I don't care what it can and can't do, I don't want a nuclear reactor in my back yard, you may. But I don't.


I didn't say I prefer nuclear, I just pointed out that solar can't compete with it.



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