LAS VEGAS (CNN) – John McCain pledged Wednesday that “in a world of hostile and unstable suppliers of oil,” the United States will achieve “strategic independence” from foreign oil by the year 2025.
For the first time, McCain labeled his energy plan "The Lexington Project."
Watch: McCain promotes 'The Lexington Project'
“Remember that name,” he told an audience at the University of Nevada-Las Vegas. “Named for the town where Americans asserted their independence once before.”
National security, he said, makes it imperative to wean the nation off its foreign energy needs.
“Energy security is a vital question because it concerns America's most fundamental interests, and above all the safety of our citizens from the violence of the world,” he said.
“All the tact of diplomacy cannot conceal a blunt reality. When we buy foreign oil, we are enriching some of our worst enemies. And in the Middle East, Venezuela, and elsewhere, these regimes know how to use the power of that wealth.”
McCain’s speech was an amalgam of the energy policy prescriptions that he has outlined in recent days on the campaign trail. He called for developing green technologies, building 45 new nuclear reactors, expanding clean coal research, and upgrading existing infrastructure.
He proposed incentives for creating new fuel-efficient vehicles and once again offered a prize of $300 million to the creator of a car battery that would far exceed current energy standards.
McCain, who has been admonished by Democrats and environmentalists for his call to lift the federal ban on offshore drilling, struck back at his critics in the speech.
“Opponents of domestic production cling to their position even as the price of foreign oil has doubled and doubled again,” McCain said. “They were against it when a gallon of gas cost two dollars. They are still against it when a gallon of gas cost well above four dollars.”
“As a matter of fairness, we must deal with the here and now, and assure affordable fuel for America by producing more of it ourselves,” he said.
Watch: McCain discuss partisan gridlock on energy policy.
well, look like you Obama 08 clowns are out in full force today. As i post every day I have more experience managing people than Obama. Won't you all be disappointed if he is elected....Change can be a bad thing and usually is..... At least McCain has some kind of a plan...or should he pull an Obama....and just keep repeating the same word. I agree with Ralph, Obama is as racist as they come.
McCain labeled his energy plan "The Lexington Project"...as he put the finishing touch on it by dipping his quill into the jar of india ink and signing his name to it . Then he stamped it with sealing wax to authenticate it and preserve it for posterity.
McSame, McPast, McNowhere but the lost and found of new ideas and innovation. First step includes Johnny needing to learn to use a computer then we'll talk about progress of the dinosaur age.
I think the plan makes realistic short and long term sense. While Green Technologies are the future, they need time to be developed. Short term relief demands that we open up off-shore drilling, and invest with renewed effort in Nuclear, Solar and Wind Energy.
John McCain is talking market sense with holistic long term environmenatal and economic security. To all my other honorable commentators..don't be scornful or plain "zzzzzzz"..shows lack of conviction. Just Debate!! Else, you'll end up just like your candidate..talk, talk, talk..TALKOBAMA- HOT AIR!!
THE INDEPENDENT BUT NOW GOP-LEANING
At least he offers a plan unlike Obama who has no plan other than trying to steal money from the rich and beg for money like a panhandler for Hillary Clintons debt.
I so can't wait for him not to get elected. I guess the "Old Man" beat the "Naive Fool" to a good idea and now all the sheep are whining.
Obama can not vote "Present" while if he wants to be president. He is actually going to have to come up with some plan other than tax working Americans. Too bad he has none.
Mr McCain everyday ........you show me something dfferent....300 Mil CAR deal ,Lexington energy plan...........NOW I want you to come with something new for these DEPENDS that you and I wear .......THANK YOU SIR !
He might be, planning on 100 years of drilling in IRAQ, they have a lot of OIL, maybe he'll bring some home with the SOLDIERS in 2108
Subsidies for Coal and Nuclear is not PORK
because Mr McCain supports them!
Computers wouldn't exist today if not for the government spending.
I wonder where we would be if that Trillion dollars going into Iraq War
was instead invested in our own country!!!
Oh that would be PORK!!!
Has anyone else noticed the more he explains his energy policy, the more ridiculous it sounds? That underlying message of fear was there also. McCain and his cronies have figured out a way to tie $4 gallon of gas to national security. Since that is his only percieved advantage, I have been expecting this. Actually he tried this in his interview with Fortune magazine. HOPE HAS REPLACED FEAR!!!!
Here goes the ZIG ZAG DISTRESS on energy again. Let's give him another few hour or a few day before he get confused again and change his mind,
At least he has a plan for energy independence. Where's Obama's?
I thought so.
When the other candidates are spewing hatred and giving speeches on broad generalizations, McCain is behaving like a President.
God help us if the country doesn't wake up and realize what a disaster Obama would be as president.
it too old idea for USA , like him
OMG – a man with a PLAN...
A good catchphrase, but Obama wins on this issue.
Obama is not for
1.) Offshore drilling
2.) Encouraging energy innovation with a $300 million prize
3.) Providing a federal gas tax holiday
4.) Relying more on nuclear power.
He is not for many things. Nuclear power are issue that the USA can do to be less addicted to Oil. Why he he not for that? Do not come with the Nuclear is bad Eco-Sheep mess without facts about the tech that we have now to use nuclear power.
CNN, you really should do something about the trolling flamers around here.
The Lexington Project is a fitting, clever name for what is a huge, comprehensive undertaking. Give McCain credit for looking at the short term, the medium term and the ultimate solution to our energy problem, tax holidays, more drilling and nuclear plants, and green technology, respectively. You have to address the whole problem and realize that different solutions are viable and different times, to serve different needs.
to the previous 5 posts....at least McCain has a plan. BHO simply spews a lot of empty talk then takes a bow for grand speech.
It seems t me that the only thing BHO supporters want in a candidate is a "rock star". The country needs a problem solver folks!
If all BHO can deliver is words then he is useless to the country!
Mccain is an idiot...Obama 08!
All this from a guy who said that we were in Iraq for oil!
This plan can and should work if it wasn't for the disunity in the senate and the House between Republicans and Democrats. I hope that Obama can unite them better than he comes up with policies of his own.
Mccain don't believe his plan himself!! LOL.
I think McCain is right in that we aren't getting off oil anytime soon, and so need to increase our domestic production. But, I for one cannot wait for the day when I can choose to fill my car up with gas, ethanol (from cellulose or bio-waste), hydrogen, compressed air, or simply plug it in.
...yes, a plan befitting the year 1775......
I think the $300 million dollar prize could be better spent on fixing other issues in America. You shouldn't have to reward someone with a prize for inventing this battery. They will make a fortune off it anyway if it ever happens. Fixing what's wrong in the US isn't a contest to be rewarded.
If you mandate that cars have to reach a certain level of fuel efficiency by a certain time and fine them if they don't, you can bet the car companies will get moving on it. I wouldn't be the least bit surprised if there is technology out there already but all the Republican oil buddies are holding out on us until they can figure out a way to make as much money on it as they do on oil.