Lieberman wants less foreign oil dependency

May 8, 2003
Presidential candidate and U.S. Senator Joe Lieberman (D-CT) said yesterday that his administration would work to reduce foreign oil dependence by two-thirds in 10 years and put the nation on a path to eliminate it completely within two decades. The Associated Press reported that Lieberman says he can reach his 10-year benchmark with a $25-billion investment and without the drilling in Alaska's Arctic
Presidential candidate and U.S. Senator Joe Lieberman (D-CT) said yesterday that his administration would work to reduce foreign oil dependence by two-thirds in 10 years and put the nation on a path to eliminate it completely within two decades.

The Associated Press reported that Lieberman says he can reach his 10-year benchmark with a $25-billion investment and without the drilling in Alaska's Arctic National Wildlife Refuge that President George W. Bush wants. Lieberman's plan relies heavily on lowering the amount of fuel used by vehicles and an emerging process for turning coal into pollution-free hydrogen.

Lieberman said that the United States is sitting on a 200-year supply of coal and the industry is developing more environmentally friendly methods to turn it into power.

Lieberman's other chief environmental proposal would require automakers to build vehicles that save 2 million barrels of oil by 2015, which is about 15% less than what is used by automobiles on U.S. roads today.

Lieberman sees his plan as a solution to the current fight over federal fuel economy standards, and he said it would allow companies that exceed standards to receive credits they could sell to their competitors.

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!

Sponsored Recommendations

Report: The 2024 State of Heavy-Duty Repair

From capitalizing on the latest revenue trends to implementing strategic financial planning—this report serves as a roadmap for navigating the challenges and opportunities of ...

Fleet Industry Benchmarks: How does your fleet stack up?

Discover how your fleet compares to industry benchmarks and gain insights from a 2024 Benchmarking Report on maintenance spend, turnaround time, and more. Join us to identify ...

Build a Tolling Program to Manage Toll Fees and Risks

Fleets looking to effectively manage their operational costs should consider their tolling costs. Download the PrePass whitepaper, “Build a Tolling Program to Manage Toll Fees...

Reducing CSA Violations & Increasing Safety With Advanced Trailer Telematics

Keep the roads safer with advanced trailer telematics. In this whitepaper, see how you can gain insights that lead to increased safety and reduced roadside incidents—keeping drivers...