ENERGY POLICY ACT OF 2005
Mr. KOHL. Mr. President, I support the Cantwell energy security amendment, which would set a national goal of reducing projected imports of foreign oil by 40 percent by 2025 in the United States.
I strongly believe we must be more proactive in reducing our dependence on foreign oil, and Senator CANTWELL's amendment is a great start to accomplishing that goal. The current path we are on is detrimental to numerous facets of our economy, environment and national security. This is due to the ongoing instability in the Middle East, which is where the vast majority of our oil comes from, and coupled with the environmental problems associated with the use of fossil fuels. At present, petroleum imports account for fully one-half of our national oil use and one-third of our trade deficit. In addition, the use of oil and other fossil fuels contributes to global climate change, air pollution, and acid rain.
In order to achieve this ambitious plan we will have to implement many comprehensive energy saving policies. Many people believe this amendment down the road could raise fuel efficiency standards on automobiles. There are many energy policies we need to pursue to achieve this ambitious goal. In the past I have not supported raising CAFE standards and I do not believe this amendment would require such a change. In order to make this plan successful we need to support the development of alternative energy, such as ethanol, hybrid vehicle technology and others.
I have long believed that our Nation must implement a sensible national energy policy which emphasizes greater energy conservation and efficiency, as well as the development of renewable resources. Simply put, we cannot continue to rely on imported oil to meet such a large part of our Nation's energy needs and that is why I support Senator CANTWELL's amendment to the energy bill.