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McCain policy advisor Doug Holtz-Eakin energy policy memo on Obama's "false claims"

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To: Interested Parties

From: Doug Holtz-Eakin, Senior Policy Adviser

Date: August 6, 2008

Re: Obama's False Claims On McCain's "All Of The Above" Energy Plan

This week, Barack Obama's attacks against John McCain's "All of the Above" energy plan have centered on two major distortions: that John McCain does not support alternative energy and that John McCain supported the Bush-Cheney energy policy. Both assertions are false.

First, Barack Obama is misleading the American people when he says that John McCain does not support the development of alternative energy sources and his only solution to our energy crisis is offshore drilling. In reality, John McCain has outlined a comprehensive energy plan that takes an "all of the above" approach to achieving strategic independence from foreign oil.

This means John McCain does support aggressive development of alternative and renewable energy sources.. He will support the development of alcohol-based fuels, establish a permanent research and development tax credit to support energy innovation, and will encourage an even-handed system of tax credits for renewable energy sources like wind, solar, and biomass.

However, unlike Barack Obama, John McCain believes that as we move to the energy of tomorrow, we must also develop more existing energies here at home through resources like offshore drilling, nuclear power and clean coal technology. Experts agree that we must do both. Barack Obama's belief that we can achieve energy independence without these resources is simply not realistic and reflects either inexperience on the issue, or a desire to give people what they want to hear, rather than giving them the facts.

While distorting John McCain's vision for energy independence, Barack Obama is also misleading the American people when he says John McCain supported the Bush-Cheney energy policy. Let there be no mistake: the only candidate who voted to give tax breaks to Big Oil is Barack Obama when he supported the 2005 Bush-Cheney energy bill that gave $2.8 billion in subsidies to the oil companies. John McCain voted against this bill for the very reason that he opposed these tax breaks to oil companies and as president he will ensure their repeal. While he may decry them on the campaign trail, Barack Obama had no problem standing side-by-side with the oil companies while in the United States Senate.

Both these distortions distract from the real choice on energy: While both candidates support aggressive expansion of alternative energy sources, Barack Obama says there are some energy sources such as drilling and nuclear power that should not be developed. John McCain believes that we must tap all our energy resources to become energy independent, including alternative energy, nuclear and offshore drilling. This is the very clear choice that will confront the American people at the voting booth in November.

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3 Comments

THERE IS AN UPSIDE TO THE OIL SHOCK.

http://pacificgatepost.blogspot.com/2008/08/oil-speculators-and-cartels-our.html

Oil prices have done all of us a big favor.

McCain is not a maverick. He is not the same man who ran in 2000. This year, he will say and do anything to win including tell lies. There is no other word which describes the things he has been saying about Obama of late. He is also willing to make ridiculous ads featuring Paris Hilton and Britney Spears-this coming from a presidential candidate?

He wants to build 45 more nuclear plants but does not want any of the nuclear waste stored in his state of Arizona. He promoted a ridiculous summer gas tax holiday which all economists thought was a bad idea, in order to win votes.

He describes himself as the more experienced one in foreign policy, but he cannot keep the difference between Shia and Sunni straight. He believed that Iran (Shiite) was training Al Qaeda (Sunni). It would be funny if not so frightning that he is running for president and does not truly understand what is going on.

McCain who was bottom of his class in the Naval Academy only made it through because he came from a well known and well off family. He is the one who should be labeled elitist, whose wife is a heiress, who lives in multiple mansions, whose advisor told struggling Americans that they should stop whining, whose campaign is run by dozens of rich lobbyists, (and not only are these lobbyists rich, they have lobbyed on behalf of some of the most corrupt leaders in the world), who is now fully supporting tax cuts for the 1% most wealthy in the US.

John McCain has sold his honor to the Republican Karl Rovian handlers. If he will say and do anything to become president of the US, what will he do as president? We already have a president who was and is willing to deceive the American people, with disasterous and deadly consequences. We must not make the same mistake. Say no to John McCain. Vote for Barack Obama.

TELL ME WHAT YOUR CANDIDATE IS FOR, NOT WHAT YOU
DISLIKE ABOUT OBAMA'S CANDIDACY!
AFTER YOU GUYS LOSE, YOU WILL FINALLY COME TO
YOUR SENSES THAT YOU DIDN'T HAVE A PLATFORM TO
BE PRESIDENT OF THE UNITED STATES!
TRYING TO ACT LIKE KARL ROVE WON'T WORK, YOUR
CANDIDATE IS WISHY-WASHY ON VARIOUS IDEAS THAT
AMERICAN'S WANT SOME ANSWERS ABOUT, WE ARE TIRED
OF HEARING ABOUT WHAT YOU DON'T LIKE ABOUT, TRY
TO RUN A MORE POSITIVE CAMPAIGN, JUST TRY!

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Lynn Sweet

Lynn Sweet is a columnist and the Washington Bureau Chief for the Chicago Sun-Times.

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This page contains a single entry by Lynn Sweet published on August 6, 2008 1:08 PM.

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