Energy, Conservation And Alternative Fuels

Energy, Conservation And Alternative Fuels

I will focus on lowering energy costs.

* I will push Congress and the Administration to make major investments in developing other fuels as alternatives to continuing dependence on imported oil. We understand the need every time we buy gasoline and pay our air-conditioning bill but Congress and the Administration refuse to confront the big oil and gas companies and consider alternatives such as ethanol, solar, the wind, and hybrid cars.
* I propose imposing an excess profits tax on oil and gas companies (Exxon Mobil made more profits last year than any other company in history). Those funds should be invested in developing alternative fuels.
* I will propose removal of recent tax breaks given to big oil and gas companies.
* I will push Congress to set higher MPG standards for new cars.
* I oppose selling Memphis down the river by selling MLGW or any part of it to a big private sector energy company, trading a short- term wind fall for long-term higher prices. I sponsored such legislation in the present session of the General Assembly fighting for the ratepayer.
* I propose reinstating tax deductions or tax credits for winterizing home insulation.

http://www.cohenforcongress.com/issues-energy.html