America’s Achilles Heel…

…Is Our Dangerous
Dependence on Oil
America’s
overdependence on foreign oil is costing American lives, bankrolling
many of our worst enemies, and polluting our air.
The time has come for dramatic bipartisan
action to address our nation’s Achilles heel -- our dangerous dependency
on oil. We must reduce our vulnerability to high oil prices and
supply disruptions, and address the dangers of climate change resulting
from energy-related greenhouse gas emissions.
The President’s plan outlined in the
State of the Union address was a step in the right direction, but far
more needs to be done by the President and Congress to set and achieve
new targets for our energy security. We call on members of Congress
from both parties and the President to work together to launch a new
“Manhattan Project” to deploy and promote cleaner alternative energy
sources and increase energy efficiency. Our efforts must match the magnitude
of the challenge we face. Specifically, we must:
Set ambitious
goals. Commit to a national oil consumption reduction target of
10% by 2015 and 20% by 2025.
Reinvent our Vehicles.
Promote the development and implementation of fuel saving technologies.
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Provide substantial incentives
to help automakers retool factories to build more efficient vehicles. |
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Provide $1.4 billion over six years
for research, development, deployment, testing, and certification that
would speed commercialization of advanced technologies such as plug-in
hybrids and stronger lightweight materials. |
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Expand the consumer tax credit for the
purchase of vehicles that use fuel saving technology. |
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Significantly strengthen vehicle fuel
efficiency standards and establish standards for heavy duty trucks.
Allow manufacturers to trade fuel economy credits. |
Increase Fuel Choice.
Ramp up commercialization of alternative fuels.
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Invest an additional $1
billion over the next five years in research and production incentives
for cellulosic biofuels. |
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Create a program that would provide
tax credits, low interest loans, and grants to support the installation
of alternative fuel pumps. |
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Require that most new vehicles be flex
fuel capable by 2012. |
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Provide substantial funding
for efforts that expand electric drive technologies for automobiles. |
These common sense measures will grow
our economy, protect our environment, and enhance our security.
Our children’s lives and the future
of our country depend on our making wise choices today about our energy
security for tomorrow. The time to act is now.
| HOWARD
BAKER
US Senator (R-TN) 1967-85
WARREN CHRISTOPHER
Secretary of State 1993-97
LEE HAMILTON
US Congressman (D-IN) 1965-99
GARY HART
US Senator (D-CO) 1975-87
RITA HAUSER
Chair, International Peace Academy
ANTHONY LAKE
National Security Advisor 1993-97
JOHN LEHMAN
Secretary of the Navy 1981-87
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Responsible
Foreign Policy
Through
Bipartisan Action
www.PSAonline.org
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RICHARD C. LEONE
President, The Century
Foundation
ROBERT McFARLANE
National Security Advisor
1983-85
DONALD McHENRY
Ambassador to UN 1979-81
WARREN RUDMAN
US Senator (R-NH) 1980-92
TED SORENSON
White House Special Counsel
1961-63
JOHN C. WHITEHEAD
Deputy Secretary of State
1985-88
FRANK WISNER
Undersecretary of State
1992-93
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