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Senator Clinton pushes ethanol, calls for creation of "Strategic Energy Fund"

In an address to the National Press Club Tuesday, Senator Hillary Rodham Clinton (D-NY) jumped on the ethanol bandwagon, calling for a massive expansion of the U.S. ethanol distribution infrastructure to reach half of the nation's gas stations by 2015, aided by a 50-percent tax credit for station owners installing ethanol pumps. Sen. Clinton called for an overarching energy goal of cutting U.S. imports of foreign oil in half by 2025 - a reduction of almost 8 million barrels a day. In addition to widespread adoption of ethanol fuel, Sen. Clinton ... Read more →

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