McCain vs. Obama: How Do The Candidates Stack Up On Energy?

John McCain has promised to rid the nation of foreign oil, clean up the air, address climate change and ensure Americans have dependable energy sources. Barack Obama has done the same.

So how far apart are the two contenders when it comes to energy?

McCain’s Stand on Energy

• Opposes renewable energy tax credits but voted for them in the $700 billion bailout bill
• Supports drilling in Alaska’s national Petroleum Reserve but opposes drilling in Alaska’s national Wildlife Refuge
• Against ethanol
• Supports the development of clean coal technology
• Supports cap and trade reductions in emissions

Obama’s Stand on Energy

• Supports renewable energy tax credits
• Supports drilling in Alaska’s national Petroleum Reserve but opposes drilling in Alaska’s national Wildlife Refuge
• Supports tax credits for ethanol
• Supports the development of clean coal technology
• Supports cap and trade reductions in emissions

Obama and McCain agree on the goals of energy and climate policy. Both candidates acknowledge global warming is man-made and advocate a mandatory cap-and-trade policy in the United States for dealing with carbon emissions — something the Bush administration opposes. They’re also largely in agreement over reducing oil consumption and investing in new energy technologies.

I am not sure that I see much of a difference. Do you?

Related Posts:

Vice-Presidential Debate: Palin vs. Biden On Global Warming

$700 Billion Bailout Includes Tax Credits For Renewable Energy Industries

Green Economy Likely to Rebound Faster From Financial Turmoil

Image Credit: www.donkeydish.com

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