Register Staff Writer
Ames, Ia. - Presidential candidate John McCain told biofuel proponents here Monday night that he opposes government subsidies on ethanol the same way he opposes subsidies on other products, including oil.
Ames, Ia. - Presidential candidate John McCain told biofuel proponents here Monday night that he opposes government subsidies on ethanol the same way he opposes subsidies on other products, including oil.
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McCain said that he believes American farmers can compete with anyone in the world and that they do not need the subsidies and regulations that come with big federal programs. "I trust Americans. I trust the markets. And I oppose subsidies," McCain said.He said America needs to cut its dependence on foreign oil and its contributions to global warming. He favors a plan in which power plants could get credits for reducing pollution. They could sell those credits to others. That system would provide big incentives for use of alternative energies, including ethanol and nuclear power, he said.
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Sen. Chris Dodd said the fight against global warming should provide opportunities for Iowa. He favors a corporate carbon tax, which, he said, would make it more costly to burn fossil fuels and encourage sales of biofuels. "We tax cigarettes, why not tax carbon?" Dodd said. The $50 billion the tax would raise could be invested in alternative energy resources, he added.
Dodd, a Connecticut Democrat, said he is open to discussing the possible increased role of nuclear power. He added that he understands the safety concerns, but that he hopes they could be lessened with improved technology.
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America's dependence on foreign oil winds up supporting tyrants in oil-rich nations, Biden said. "It ties our foreign policy in knots," he said.
Biden said he would require carmakers produce many more vehicles that use biodiesel or 85 percent ethanol. Doing so would cost only $100 per vehicle, he said. Biden said he also would require gas stations to carry 85 percent ethanol, which few now do.
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A fifth candidate, Democrat John Edwards, a former senator from North Carolina, canceled his appearance, saying he had fallen behind on his schedule while campaigning elsewhere in Iowa.
Reporter Tony Leys can be reached at (515) 284-8449 or tleys@dmreg.com
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