Monday, August 25, 2008

One Million and 300 Million

As the political conventions take the stage, it's encouraging to see that both candidates support PHEVs and the development of electric fuel in the transportation sector.

Here's part of Obama's plan thanks to Politico:

Obama calls for 'clean energy' nation

Sen. Barack Obama on Monday called reducing the nation’s energy consumption “the great test of our time” and proposed billions of dollars in subsidies for business and consumers to encourage a “clean energy “ future. “We can do this,” he vowed in Michigan, the nation’s car capital, promising to spend $150 billion over 10 years on the effort.

The plans include a $7,000 tax credit to drivers who buy advanced-technology vehicles and $4 billion in direct assistance to Detroit automakers to help them build hybrid vehicles in the U.S. “I ask you to join me, in November and in the years to come, to ensure that we will not only control our own energy, but once again control our own destiny and forge a new and better future for the country that we love,” he said at Michigan State University in Lansing.

The three main components of Obama’s plan are:

— Get 1 million 150 mile-per-gallon plug-in hybrids on U.S. roads within six years.

— Require that 10 percent of U.S. energy comes from renewable sources by the end of his first term – more than double the current level. (25% by 25)

Reduce U.S. demand for electricity 15 percent by 2020.

“If I am president, I will immediately direct the full resources of the federal government and the full energy of the private sector to a single, overarching goal — in 10 years, we will eliminate the need for oil from the entire Middle East and Venezuela,” Obama said.

“To do this, we will invest $150 billion over the next 10 years and leverage billions more in private capital to build a new energy economy that harnesses American energy and creates 5 million new American jobs.”

To set an example, Obama is vowing to convert the entire White House fleet to plug-in hybrid vehicles within one year, and convert all federal vehicle purchases to plug-in hybrids or all-electric by 2012.

Obama also set several other ambitious national goals:

Weatherize 1 million homes annually.

Increase the efficiency of new buildings by 50 percent in the next decade through energy-efficient roofs and better-quality windows and ventilation systems.

— Increase the efficiency of existing buildings by 25 percent over the next decade through retrofitting that includes improved insulation and ventilation systems."

Plug ins are also part of John McCains energy plan. Here's part of his plan ,which includes a 300 million dollar prize for a new revolutionalry storage device.

"John McCain Will Propose A $300 Million Prize To Improve Battery Technology For Full Commercial Development Of Plug-In Hybrid And Fully Electric Automobiles. A $300 million prize should be awarded for the development of a battery package that has the size, capacity, cost and power to leapfrog the commercially available plug-in hybrids or electric cars. That battery should deliver a power source at 30 percent of the current costs. "

"Our nation's future security and prosperity depends on the next President making the hard choices that will break our nation's strategic dependence on foreign sources of energy and will ensure our economic prosperity by meeting tomorrow's demands for a clean portfolio." more

With both sides of the political coin supporting the development and commercialization of Plug in Hybrids, it's clear that the momentum in plug ins continues to grow.

Just last week, academics and energy professionals came together for a two day workshop to discuss and explore the future of plug-ins and how they can be implemented into the public infrastructure.

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editors note:
Check out the links, they include a wide variety of PHEV stories since our last post.



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