Obama unveils comprehensive New Energy for America plan…

Presidential hopeful Senator Barack Obama on Monday branded his White House foe John McCain as \”in the pocket\” of big oil firms pumping out record profits while US drivers suffer, as he unveiled a sweeping new energy plan.(AFP/File/Mandel Ngan)

Obama slams McCain as \’in pocket\’ of big Oil

Barack Obama will unveil his New Energy for America plan today…

Obama’s comprehensive New Energy for America plan will:

  • Provide short‐term relief to American families facing pain at the pump
  • Help create five million new jobs by strategically investing $150 billion over the next ten years to catalyze private efforts to build a clean energy future.
  • Within 10 years save more oil than we currently import from the Middle East and Venezuela combined.
  • Put 1 million Plug‐In Hybrid cars – cars that can get up to 150 miles per gallon – on the road by 2015, cars that we will work to make sure are built here in America.
  • Ensure 10 percent of our electricity comes from renewable sources by 2012, and 25 percent by 2025.
  • Implement an economy‐wide cap‐and‐trade program to reduce greenhouse gas emissions 80 percent by 2050.

Video: \”New Energy for America\” Speech in Lansing, MI

Read the full New Energy for America plan.

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HAPPY BIRTHDAY Barack Obama !!

Democratic presidential candidate Senator Barack Obama smiles as the audience sings him \”Happy Birthday\” during a campaign stop at the Lansing Center in Lansing, Michigan August 4, 2008. REUTERS/Rebecca Cook (UNITED STATES) US PRESIDENTIAL ELECTION CAMPAIGN 2008 (2008)

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