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Twenty In Ten: Strengthening America's Energy Security

      2007 State of the Union Policy Initiatives
      In Focus: Energy

Tonight, President Bush Will Ask Congress And America's Scientists, Farmers, Industry Leaders, And Entrepreneurs To Join Him In Pursuing The Goal Of Reducing U.S. Gasoline Usage By 20 Percent In The Next Ten Years – Twenty In Ten. For too long, our Nation has been dependent on oil. America's dependence leaves us more vulnerable to hostile regimes, and to terrorists – who could cause huge disruptions of oil shipments, raise the price of oil, and do great harm to our economy.

America Will Reach The President's Twenty In Ten Goal By:

The President's Plan Will Help Confront Climate Change By Stopping The Projected Growth Of Carbon Dioxide Emissions From Cars, Light Trucks, And SUVs Within 10 Years.

The President's Plan To Strengthen America's Energy Security Also Includes:

Reducing Gasoline Consumption Through The Growth Of Alternative Fuel Sources

The President's Plan Calls For Facilitating The Growth Of Renewable And Alternative Fuel Sources By Increasing The Size And Expanding The Scope Of The Current Renewable Fuel Standard (RFS).

Reducing Gasoline Consumption Through Increasing Vehicle Efficiency

The President's CAFE Plan Will Reduce Gasoline Consumption By Up To 8.5 Billion Gallons Per Year In 2017. The President's plan calls for reforming and increasing CAFE standards for cars, and for further increasing light truck and SUV standards. The President believes new technologies can be deployed to significantly improve fuel economy without impacting safety. Reducing projected consumption by up to 8.5 billion gallons in 2017 means a 5 percent reduction in projected gasoline consumption in that year. The fuel efficiency standard will have even larger benefits later, when consumers replace even more of the auto fleet with purchases of the more efficient new vehicles. These amounts are based on an assumption that on average, fuel efficiency standards for both light trucks and passenger cars are increased 4 percent per year, beginning in Model Year 2010 for cars and Model Year 2012 for light trucks. Given the changing nature of the marketplace for both cars and light trucks, the Secretary of Transportation will determine the actual standard and fuel savings in a flexible rulemaking process.

The President's Plan Calls For The U.S. Department Of Transportation (DOT) To Work With States And Cities To Explore Ways To Reduce Traffic Congestion, Help Save Fuel, And Reduce Commute Times. In 2003, drivers in America's 85 most congested urban areas experienced 3.7 billion hours of travel delay and wasted 2.3 billion gallons of fuel, costing a total of $63 billion.

Stepping Up Domestic Oil Production In Environmentally Sensitive Ways

The President Calls For Stepping Up Domestic Oil Production In Environmentally Sensitive Ways By:

Doubling The Current Capacity Of The Strategic Petroleum Reserve

The President Proposes Doubling The Current Capacity Of The Strategic Petroleum Reserve (SPR) To 1.5 Billion Barrels By 2027. The SPR's purpose is to provide the United States with an emergency inventory of oil, an insurance policy in the event of a severe supply disruption, such as from a natural disaster or a terrorist attack in the energy supply chain. Doubling the SPR alone will provide approximately 97 days of net oil import protection, enhancing America's ability to respond to potential oil disruptions.

Our Nation Has Already Made Great Progress In Strengthening Our Energy Security

Technology Has Enabled Us To Make Significant Progress. We need to continue with important research into plug-in and advanced hybrid vehicles, and expand the use of high efficiency clean diesel vehicles and biodiesel fuel. We must continue investing in new methods of producing ethanol and other biofuels. We must further expand the use of clean coal technology, solar and wind energy, and clean, safe nuclear power.

Including The 2008 Budget, The Federal Government Will Have Spent $15 Billion Since 2001 To Develop Cleaner, Cheaper, More Efficient, And More Reliable Energy Sources.

The President Signed The Gulf Of Mexico Energy Security Act To Increase Domestic Oil And Gas Production By Allowing Access To Key Portions Of America's Outer Continental Shelf. This allows access to areas with potential resources of more than 1 billion additional barrels of oil and nearly 6 trillion cubic feet of natural gas.

The President's Plan Enables Us To Further Enhance Our Energy Security

Technology Will Help Diversify America's Energy Supply. America is close to technological breakthroughs that will decrease our oil dependency, protect our environment, and help us confront the serious challenge of global climate change. The President's new proposals build upon the advances made possible by the Administration's previous initiatives, including the Advanced Energy Initiative, American Competitiveness Initiative, and the Energy Policy Act of 2005.

Energy Security Will Be Further Enhanced By:

The President's 2008 Budget Continues Robust Funding For Advanced Energy Technologies That Can Help Reduce Our Dependence On Foreign Oil And Provide Clean, Lower Carbon Energy To Change The Way We Power Our Homes And Businesses. The 2008 budget includes nearly $2.7 billion for the Advanced Energy Initiative, an increase of 26 percent above the 2007 request and 53 percent above 2006. The 2008 budget provides $179 million for the President's Biofuels Initiative, an increase of $29 million (19 percent) compared to the 2007 budget. The President's Biofuels Initiative aims to accelerate cost reduction and commercial development of cellulosic ethanol, which can be made from abundant biomass materials, including agricultural waste and forest residues, and from dedicated energy crops such as switchgrass.

The President's Farm Bill Proposal Will Include More Than $1.6 Billion Of Additional New Funding Over Ten Years For Energy Innovation, Including Bio-Energy Research, Energy Efficiency Grants, And $2 Billion In Loans For Cellulosic Ethanol Plants.

The Administration's Ongoing Energy Policy

The Administration's 2001 National Energy Plan Provided A Blueprint For Diversifying And Conserving Our Energy Resources To Increase Our Energy Security.

The President's Plan Enables Us To Further Protect Our Environment

The President's Plan Will Help Confront Climate Change By Stopping The Projected Growth Of Carbon Dioxide Emissions From Cars, Light Trucks, And SUVs Within 10 Years.

The President's Plan Will Help Improve Public Health By Significantly Reducing Carbon Monoxide Emissions And Cancer-Causing Benzene Emissions.

The Administration Is Taking Action To Address Climate Change And Improve Air Quality And Human Health:

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