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Securing America: Solving Oil Dependence Through Innovation

Securing America: Solving Oil Dependence Through Innovation. Daniel Lashof, Ph.D. Natural Resources Defense Council March 17, 2005. We Need to Change Direction. We can’t drill our way to energy security Energy bill has no impact on oil markets

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Securing America: Solving Oil Dependence Through Innovation

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  1. Securing America:Solving Oil Dependence Through Innovation Daniel Lashof, Ph.D. Natural Resources Defense Council March 17, 2005

  2. We Need to Change Direction • We can’t drill our way to energy security • Energy bill has no impact on oil markets • 1992 Energy Policy Act had lofty goals, no teeth

  3. A National Commitment to Save Oil • 2015: Save 2.5 million barrels/day • 2025: Save 10 million barrels/day • Flexible, but enforceable • Savings from any sector • Savings from any technology • Total savings must reach target • Incentives and standards • R&D and deployment incentives • Efficiency and renewable fuel standards

  4. A National Commitment to Save Oil

  5. Make Efficient Vehicles in America • Extend consumer purchase tax incentives • Provide auto manufacturer and supplier investment tax credits • Raise fuel efficiency standards for light duty vehicles • Include light trucks up to 10,000 lbs • Revise test procedure • Let dual-fuel loophole expire

  6. Adopt Fuel-Efficient Tires and Engine Oil • Fuel-efficiency standards and labeling for tires and oil • Make replacement tires at least as fuel-efficient as OE tires • Differentiate more-efficient tires and oil • Consumer education and purchase incentives • List of fuel-efficient, low rolling resistance tires available today in Green Seal report (www.greenseal.org/recommendations.htm#product) Get oil savings from on-road stock!

  7. Establish Fuel Economy Standards for Heavy Trucks • Create fuel economy standards for long-haul tractor-trailers • Provide tax incentives for the production of hybrid drive trains for small and medium trucks • Provide purchase incentives for anti-idling equipment

  8. Grow Renewable Fuels in America • Invest in R&D and pilot projects to produce fuels from crop wastes and energy crops • Adopt a renewable fuels standard (RFS) • Mandate % of fuel to come from renewable sources • Prevent air quality backsliding • Require increasing “renewability index” • Promote use in high-percentage blends • Require FFV production • Incentives for E85 infrastructure

  9. Conclusion • Our national oil addiction is a threat to our security, jobs and environment • We need a national commitment to oil savings • 2.5 million barrels per day (mbd) in 2015 and 10 mbd in 2025 – we can do it! • Flexible, but enforceable We have the technology--we need the political will.

  10. More information… www.nrdc.org/breakthechain

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