Ties to Corn Industry
Senator Obama says that corn –derived ethanol can be an alternate energy source. He also says that it will benefit the industry. This corn issue diverges John McCain. Obama says that eliminating the corn money will imperil our country's drive toward energy independence.
I think that this will definitely make help our country drive towards energy independence. By eliminating the corn money ,we will spend less on corn and more on our country's energy independence.
Amanda M.
Barack Obama has been trying to close a loophole that exempts from U.S. regulation energy speculators who make trades electronically. The loophole, according to Obama was put in the 2000 energy policy bill. I think that he will not be able to because to many people don't think that the loophole is a big enough deal, and McCain is completely opposing this plan.
Chris K.
McCain Proposes Car Battery Tax
I think that it is a good idea for John McCain to offer $300 million dollars for someone who can make a car battery that far passes the current technology. I think this is good because gas prices are rising really quickly and there never going to go down. We need a car that has really good gas mileage. This will not only preserve gas and oil but it will save people lots of money. Oil is not an unlimited source so we can't just keep on using so much when we don't have to. Also I like that is he is making stiffer fines who don't meet the fuel efficiency standards. This will encourage the companies to make more efficient cars.
Philip M.
Obama vs. McCain: The Corn Industry
Presidential candidates Barack Obama and John McCain apparently have differing views about the corn industry. Throughout his campaign, Obama has supported the idea of using corn-derived ethanol. He says that this will benefit our nation's economy, and that getting rid of the corn money will "imperil our country's drive toward energy independence. However, McCain wants to end the use of corn as ethanol, and opposes a tariff on superior ethanol from Brazil. I think that eliminating the corn money is an excellent idea, because we will be able to focus less on corn and more on our country's energy independence.
Serena T.
Soaring Prices May Mean Cutting Farmer Prices
The Congress allowed parts of our corn to be made into ethanol and that means higher food prices means not a lot of people are going to buy it. The Congress is also cutting billions they give to the farmers for making ethanol. A reporter said ethanol hasn't been touched or used in decades. The corn being turned into ethanol has raised prices and citizens are blaming this idea for why prices are going very high.
Jonathan C.
Car Tax Credit
Senator John McCain says that he will give tax benefits to the car makers that make ethanol, or electric, vehicles, in response to last week's critism. The senator says that he will give a 5,000 tax credit to anybody that buys a zero emissions car. He also says that he'll give 300 million dollars in tax money to any car maker that produces a zero emission car.
Barack Obama says he would make a limit on how much gas companies charge for a gallon of gas.
Alex C.
Ties to Corn Industry Shape Obama's Policy
Obama and McCain are debating on if they should use ethanol as an alternative energy. The United States want different energy and if the fees to export something are high, then Brazil won't ship anything to the United States. Obama thinks that the United States should lower the tariffs then there will be more ethanol. I agree with Obama because eventually there won't be any oil and if we don't change our ways of using energy then the economy will fall down really fast. There will probably be another depression if we don't change our ways quickly.
Eric C.
