OBAMA.................
WHAT TYPES OF REGULATIONS AND GUIDELINES DO YOU PLAN ON IMPLEMENTING OR PROMOTING IN ORDER TO DEAL WITH CLIMATE CHANGE AND TO MAKE OUR COUNTRY LESS OIL DEPENDENT?
Global warming is not just the greatest environmental challenge facing our planet -- it is one of our greatest challenges of any kind. Combating global warming will be a top priority of my presidency, and I will attend to it personally. Putting a price on carbon is the most important step we can take to reduce emissions. I will enact an economy-wide market-based cap-and-trade system to reduce U.S. carbon emissions by 80 percent by 2050. I will devote significant resources from a permit auction toward accelerating the development and deployment of low carbon technologies and addressing the economic challenges imposed on key industrial sectors. Another top priority for my energy and global warming agenda will be changing the cars we drive and the fossil fuels we burn. I will increase fuel efficiency standards by 4% per year, lift the 60,000-per-manufacturer cap on buyer tax credits to encourage more Americans to buy ultra-efficient vehicles, and encourage automakers to make fuel efficient hybrid vehicles. Domestic automakers will get either assistance shouldering their health care legacy costs in exchange for investing 50 percent of the savings into technology to produce more fuel-efficient vehicles or generous tax incentives for retooling assembly plants. I proposed a National Low Carbon Fuel Standard to reduce the lifecycle greenhouse gas emissions of passenger vehicle fuels sold in the U.S. by 10 percent in 2020 and require additional reductions of 1% annually thereafter.
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