FOR IMMEDIATE RELEASE
October 22, 2008
Elizabeth Ray (703) 683-5004 Ext. 130
IER Analyzes the Obama and McCain Energy Plans
Washington, D.C. – The Institute for Energy Research (IER) today issued a comprehensive analysis of the energy proposals outlined by presidential candidates Barack Obama and John McCain. Drawn from information from the candidates themselves, IER’s analysis is both objective and fact-based. Thomas Pyle, president of the Institute for Energy Research (IER), issued the following statement today:
“We know that energy is the lifeblood of the American economy, and yet the policies emanating from Washington have simply not kept pace with the need for abundant, affordable and reliable domestic energy from all commercially available sources. Looking closely at the energy plans from each of the presidential candidates, a common theme has emerged – both Barack Obama and John McCain lack substance and specificity in addressing one of the biggest challenges facing the United States. However, the positions they do take tell an important story about the priorities we could expect from an Obama or McCain administration on this important subject.
Do either Barack Obama or John McCain chart a new course for a bold national energy strategy or will our domestic energy resources remain under lock and key through new regulations, taxes, subsidies and mandates? IER puts those questions to the test.”
The IER analysis of the candidates’ energy platforms covers sources such as coal, oil, alternative energy, natural gas and nuclear power, as well as regulations, taxes, and restrictions to taxpayer-owned resources.
To view IER’s analysis, click here.
The Institute for Energy Research (IER) is a not-for-profit organization that conducts intensive research and analysis on the functions, operations, and government regulation of global energy markets. IER maintains that freely-functioning energy markets provide the most efficient and effective solutions to today’s global energy and environmental challenges and, as such, are critical to the well-being of individuals and society.