Tuesday, December 27, 2005

What George could do to save himself from thetrash-heap of history

Here's the George's trip to China.

In his State of Union message next month he announces the following deal:

Congress will approve drilling for oil and gas in the Alaska Wildlife Refuge. But, the legislation authorizing oil company exploitation of this precious and irreplaceable national asset comes with conditions: :

Terms and Condition's

1) 70% of profits (as determined by independent audits) that oil companies make off ANWR oil must be reinvested into a ten years of research and development of renewable energy products to replace their oil fuel products.

2) The federal government will match every dollar in oil profits oil companies reinvest in this ten year transition, including but not limited to their ANWR oil profits. Oil companies will be required to use this federal money to help finance the restructing of their existing energy delivery and distribution infrastructure to accommodate new energy products, such as hydrogen refueling service stations for autos and trucks and grid-interconnected solar for residential and industrial electric generation, storage and delivery.

3) During this ten year program oil companies will not be allowed to sell a drop of Wildlife Refuge oil or its refined elements outside the the continental United States, or to use ANWR oil to replace domestic oil sold aboard. This will ease oil and gas prices for US consumers during this ten year transition to renewable energy products that will replace oil.

That's the deal. Ten years to cleaner energy and energy independence in return for access to ANWRs oil. A proposal from, of all people on earth, Texas oil man, George W. Bush -- the same man who has not only refused to sign the Kyoto Treaty stemming greenhouse gas emissions, but refuses to even acknowledge there's a real problem. In one sweep of his Presidential pen such a deal would relegate Nixon's trip to China to distant second place in the annals of Presidential boldness.
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