8/6/04 10:00 AM EST
Kerry Unveils Energy Plan
The New York Times reports that on a day "when oil prices reached a record high, Senator John Kerry issued a plan for energy independence on Thursday as he whistle-stopped across Missouri, promising to make the nation's security 'depend on America's ingenuity and creativity, not the Saudi royal family.'" CBS Evening News reported that one "key feature" of the plan is "a consumer incentive of up to $5,000 for those who purchase cleaner-burning, more efficient vehicles. There would also be help for auto makers to retool plants to build those vehicles." USA Today outlined Kerry's proposals, reporting they plan would, "Commit $5 billion over the 10-year program to a 'clean fuels partnership' among government, agriculture and industry, to encourage and conduct research into fuels made from corn, soybeans, agricultural waste and other sources. Another $5 billion would be used to create jobs in clean energy technology. Devote $10 billion to research into non-polluting ways to burn coal and building such 'clean coal' facilities. Provide $10 billion to help auto plants adapt to build high-tech "cars of the future" and give consumers a $5,000 tax incentive to buy energy-efficient vehicles." Kerry aides "said the costs would be offset by new fuel efficiency standards for federal buildings and vehicles, and reinstatement of a tax on oil companies to pay to clean up polluted sites."