Hi All. Despite Horaces right wing leanings, he has a secret lefty side and has been consulting with the John Kerry Campaign over their energy policy. Consider point one.
http://www.johnkerry.com/pdf/pr_2004_1011b.pdf (1) Create an Energy Security Trust Fund. John Kerry and John Edwards will move us to a new energy future by creating an "Energy Security Conservation Trust Fund" that will leverage funds to develop new clean fuels and foster innovation. The Fund will provide incentives to automakers to develop and consumers to purchase more fuel-efficient cars. It will also enable us to increase our use of renewable fuels (including ethanol and biodiesel) and to develop clean and efficient hydrogen fuel. By 2020, we 20% of our fuel sources will be domestically-produced alternative fuels. The fund will be capitalized with over $20 billion from existing federal oil and gas royalty revenues. It looks like he didn't quite get his way with how the money is to be used, but he got the trust fund idea taken up. Congrats Horace! K.
