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Welcome to "Ask the White House" -- an online interactive forum where you can submit questions to Administration officials and friends of the White House. Visit the "Ask the White House" archives to read other discussions with White House officials.
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January 24, 2007
Samuel Bodman
Good afternoon. It's great to be with you for another Ask the White House. Before I get to your questions, I want to share a few thoughts about last night's State of the Union. Last night, President Bush announced an ambitious plan to increase America's energy security by reducing our gasoline consumption by 20 percent in ten years. This plan will also help us confront climate change by stopping the projected growth of emissions from cars, light trucks, and SUVs at the same time. First, we will increase the amount of alternative fuels we use in our transportation sector to 35 billion gallons a year, roughly five times the target set by Congress in the 2005 energy bill. This alone will yield 15 percent savings in our projected gasoline demand in 2017. Second, we need to reform and increase fuel economy standards (or CAFÉ as we here in Washington call it) for passenger cars and further increase the standards for light trucks and SUVs. This action will yield another 5% savings in our projected gasoline consumption in ten years. And the third part of the President's plan calls for a doubling of our nation's Strategic Petroleum Reserve to 1.5 billion barrels. Doing so will ensure an even greater level of energy security in the event of a severe disruption in our oil supply. These proposals build upon the President's American Competitiveness Initiative (ACI) and Advanced Energy Initiative (AEI), announced in last year's State of the Union. ACI and AEI call for a dramatic increase in funding for basic science research and for clean energy technology research, development and deployment. We're working hard to implement these programs at the Department of Energy, but in order for them to reach their full potential and start yielding results soon, we need Congress to act and fund these important priorities. The Energy Security plan announced by President Bush is based on the belief that technology holds the key to transforming the way we produce and use energy. This proposal is bold. It is ambitious. But thanks to the hard work and ingenuity of our nation's scientists and America's private sector, the President and I believe we can achieve the goals he set out for us. Finding new or better sources of clean, affordable energy -- and reducing our dependence on foreign oil, particularly from unstable parts of the world -- was a priority for President Bush when he first came into office. And as you heard last night, it is still one of his top priorities today. The American people have given us the opportunity to work in a bi-partisan way to fashion a new approach to energy policy and we intend to make the most of it. There will be some occasional differences, but I think both the Republicans and Democrats on Capitol Hill agree there are few issues as important as increasing America's energy security. Now, let's get started with the questions. Jason, from Atkinson, NH
writes: Samuel Bodman The proposals the President put forward last night in the State of the Union to reduce gasoline consumption by 20 percent by 2017 by establishing alternative fuel requirements and fuel efficiency standards are good for our energy security, but are also good for our environment thanks to the reduction in greenhouse gas emissions that will accompany the cuts in gasoline use. In fact, we believe these proposals could reduce projected emission in 2017 by roughly 175 million metric tonsequivalent to what 26 million automobiles produce in annual emissions. The approach we are taking is both science and market-based. We believe that, by encouraging innovation and breakthroughs in science and technology, we can reduce emissions and sustain economic growth something the inter-agency Climate Change Technology Program is developing strategies to do. It is vitally important that the economy continue to grow so that it will generate the capital necessary to finance private investment in cleaner, more efficient technologies.
Lastly, through the Energy Policy Act of 2005 and the Presidents Advanced Energy Initiative, we have proposed and enacted a series of tax credits that make it cheaper to purchase hybrid and flex fuel vehicles and to install the infrastructure needed to fuel them. These tax incentives have helped American consumers buy more than 250,000 fuel-efficient vehicles since January 2006. So we think were making progress. Matthew, from New York, New York
writes: Samuel Bodman But to bring about the nuclear renaissance America needs, we need a rational, safe and secure way to manage spent nuclear fuel. DOE is developing a permanent geologic repository for that waste in the middle of the Nevada desert at Yucca Mountain.
Were making progress on Yucca Mountain, but it has been delayed for a variety of reasons. And while Congress has approved the Yucca Mountain site before, we need the continued support of Congress to complete this project. The longer we wait, the longer spent nuclear fuel sits at numerous sites around the country. Nick, from London writes: Samuel Bodman Thats why the Presidents Advanced Energy Initiative, includes investments in a number of energy sources including clean coal, nuclear, wind, and solar power.
The concern with using coal is the environmental impact, and thats why we are researching new technologies that will allow us to use our vast resources of coal in an environmentally sensitive way. We are looking at techniques that will improve technologies in coal plants that are already producing power in order for them to reduce emissions. In addition, were looking at new technologies that we can use in future plants technologies like and also in carbon sequestration, where the carbon is actually pumped into the Earth instead of into the air. All of this work will culminate in one of our most exciting projects: FutureGen. This is a $1 billion project aimed at designing and building the worlds first commercial scale, coal-fired power plant that produces no significant emissions of carbon or pollutants into the atmosphere. This is an international partnership that will allow the rapid deployment of these new emissions-free technologies around the globe so that the entire world can harness the power of clean coal in a way that environmentally sensitive. Jeanine, from Port Orchard, WA writes: Samuel Bodman As the President said last night during his State of the Union, it is vital that we diversify Americas energy supply and that the way forward is through technology. Thanks to the Energy Policy Act of 2005, we have increased dramatically the number of available wind-generated power. The U.S. wind energy industry installed 2,454 megawatts of new generating capacity in 2006, an increase of 27 percent. To put this in perspective, one megawatt of wind power produces enough electricity to serve 250 to 300 homes on average each day. Also, while I was with the President this morning in Delaware, he announced his new Executive Order directing all government agencies to effectively consider, manage, and work to mitigate their environmental and energy footprint. We need to lead by example. The federal government is the single largest user of energy in the world, so we have the greatest potential for employing energy savings.
In addition, we are a large purchaser of energy, so we can drive innovation through our financial commitment. The Order instructs government agencies to purchase significant portions of their energy from renewable sources. By doing this we can spur capital investment in the renewable energy infrastructure that will have residual benefits to the public, by increasing and expanding the production, efficiency, and distribution of renewable energy to all consumers in the country. Cliff, from Brimfield, Ohio
writes: Samuel Bodman The first and most important recommendation of the Task Force was that the U.S. Congress should enact legislation to make compliance with reliability standards mandatory and legally enforceable, which the Congress did in the Energy Policy Act of 2005. These mandatory standards will do a great deal to improve reliable electric service. In addition, we are looking at areas around the country where there may be areas of electricity congestion. As demand for electricity increases, we will need to strengthen our electricity delivery system.
So in August, the Department published the National Electric Transmission Congestion Study. The report identifies three groups of major or significant congestion in the electricity grid that merit further federal attention. Since the study was released, we have been receiving public comments and look forward to putting out a final report soon, which I hope will help alleviate the stress of our infrastructure and further protect all citizens against future blackouts. Sonya, from California writes: Samuel Bodman That doesnt mean that we can sit back and let things happen. We need to continue to take action if we are to shape our future. Today, the President issued an Executive Order that directs the federal government to lead by example when facing the nation's energy and environmental security challenges. Among the things this new Executive Order will do is require the federal government to work to reduce federal petroleum consumption in fleet vehicles by 2 percent per year through 2015 and increase use of non-petroleum-based fuels. We are also taking action to reduce greenhouse gas emissions intensity in the United States. We have invested $29 billion in clean energy science and technology research. We have seen that research in developing and ultimately deploying clean energy technology holds great promise here in the U.S. and in the growing industrial economies across the world. These clean alternative energy sources and components include solar, wind, ethanol made from grass, agricultural wastes and other materials, clean coal technologies, coal to liquid fuels, better batteries for hybrid and plug-in cars, photovoltaic solar cells, hydrogen fuel cells and flexible vehicle fuels.
This research is paying off handsomely. Were past the "Could we
" stage of our research in many of these areas and are well into the What is necessary to get these to market efficiently and as cheaply as possible stage. The future is bright. Technology, like what we are developing at the Department of Energys national labs, is bringing us closer and closer to things few people ever thought would be possible. So Im optimistic about the future and I hope you will be too. Laban, from Canton, Ohio
writes: Samuel Bodman We have a responsibility to increase Americas energy security, and one way to do that is to ensure we have enough petroleum to mitigate any significant supply disruption. We currently have about 690 million barrels of oil in the Reserve, which is the equivalent of all of the crude oil we would import over the course of 55 days. By expanding our Reserve to 1.5 billion barrels, we would have the equivalent of 97 days of net import protection. Now I know, that doubling the Reserve sounds like a huge undertaking and it sounds like well be taking a lot of crude oil off of the market. However, by expanding the Reserve over 20 years we will have a negligible impact on a market that buys and sells 89 million barrels of crude oil a day.
And I want to ensure you and every other American that we will engage in this process that is deliberate, predictable, and transparent manner whenever we buy crude for the Reserve. In case you are interested, here is my statement on the Expansion of the Strategic Petroleum Reserve. Ray, from Arlington, VA writes: Samuel Bodman The Presidents plan to increase the supply of renewable and alternative fuels by setting a mandatory fuels standard to require 35 billion gallons of those fuels be used is nearly five times the 2012 target now in law. It will reduce oil consumption by 2 million barrels per day, or ten percent, in 2017 and displace 15 percent of projected annual gasoline use. The Presidents plan to reform and modernize CAFE standards for cars and extend the current light truck rule will reduce projected annual gasoline use by up to 8.5 billion gallons by 2017, an additional reduction of five percent.
So, taking these policies and turning them into practice, we can have a profound reduction in our use of imported oil. mike, from lake tahoe writes: Samuel Bodman In 2005, the U.S. produced 4 billion gallons of ethanol--and we are on track to produce a lot more. This can help us meet the Presidents goal of significantly reducing the amount of oil we import and, by blending or using as a gasoline additive, extend the fuel supply. Ethanol also significantly reduces tailpipe emissions and releases fewer greenhouse gases into the air. In 2005, use of ethanol reduced carbon dioxide greenhouse gas emissions by approximately 7.8 million tons, equivalent to removing the annual emissions of more than a million cars from the road.
Samuel Bodman |