New York Senator Hillary Clinton has revealed her plans to make ethanol use widespread by 2015. Is it a coincidence that Iowa, site of the first presidential caucus, is a leading producer of the fuel?
"Democratic Sen. Hillary Rodham Clinton on Tuesday called for cutting U.S. dependence on foreign oil in half by nearly 8 million barrels a day by the year 2025 -- a goal she said can be met with more ethanol-based fuel and a $50 billion research fund.
The New York lawmaker, who is up for re-election this year and also is considered the leading Democrat in a crowded field of potential 2008 presidential candidates, outlined her energy goals in a nearly hour-long address at the National Press Club."
"Clinton called for the creation of a $50 billion 'Strategic Energy Fund' paid for by increased profits of the big oil companies. She had urged the creation of such a fund last fall when hurricane damage in the Gulf Coast sent the price of gas soaring."
Thanks to Ralph Borrmann
FULL STORY: Sen. Clinton Pitches Ethanol Energy Plan
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