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Obama releases energy plan in NH

Posted by James Pindell October 8, 2007 04:52 PM

PORTSMOUTH, N.H. -- Democratic presidential candidate Barack Obama announced a comprehensive national energy plan with the goal of reducing American dependence foreign energy sources by 80 percent in the next fifty years.

The plan, which he released at a new energy efficient public library in Portsmouth, would implement a cap-and-trade programt to reduce greenhouse gas, invest $150 billion over 10 years in companies who develop "climate friendly energy supplies" and reducing the nation's energy needs by 50 percent in 30 years.

If elected Obama said he would give a yearly speech on the state of the energy plan. He called global climate change the "most urgent challenge of this era".

About the primary source New Hampshire Primary coverage

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James W. Pindell provides a first take of New Hampshire's first-in-the-nation presidental primary directly from the campaign trail. More...
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