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| Bennett Unveils Eł Security Plan |
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Economy. Energy. Environment.
¦ Read the Full Report ¦
“It’s called E³ - the central premise is that our solution to the economy, energy, or the environment should be a solution to all,” said Bennett. “New revenue streams from a cap-and-trade program and redirecting Big Oil subsidies will provide the funds for research and development as well as tax incentives for manufactures, businesses, and people that invest in renewable energy technologies. With E³, we will be able to create new high paying green jobs and help people fill their gas tanks and keep the heat on in the winter.”
E³ uses green energy to grow our economy. E³ investments will help put over 2 million people to work. In Northampton and Lehigh County, 129 firms have the potential to create 3,100 more jobs in the wind, solar, geothermal, and biomass industry. Green investments generate significant numbers of well-paying green jobs with benefits, as well as a relatively high proportion of entry-level jobs that offer career growth opportunities for low-income workers.
Bennett’s Republican opponent Charles W. Dent has a record of putting the big oil agenda of the past ahead of the renewable energy of the future. He takes $75,000 from Big Oil and votes to give them $13.5 billion in tax breaks. When it comes to renewable energy standards for electric companies and funding for efficiency and conservation, Dent votes NO. Most recently, when it came to a bipartisan Comprehensive American Energy Security bill, which included renewable energy and offshore drilling, Republican Congressman Dent voted NO. This is what Democrat Sam Bennett is working to change.
E³ provides short and long-term solutions to America’s energy crisis. The plan calls for immediate tax relief for working families, drilling in already leased areas, and temporarily opening our strategic oil reserves. In addition, the plan calls for a major crackdown on oil speculators and increased renewable energy standards for utility companies. In the long term, the plan calls for major investment in renewable energy, tax incentives and loan guarantees to those that develop, manufacture, and use renewable energy, and a cap-and-trade program to reverse the effects of global climate change.
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