Bush to Offer Bold Energy Plan

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President Bush will lay out a bold plan in his State of the Union tonight for Americans to cut their consumption of all gasoline by 20 percent over the next 10 years, ABC News has learned.

Such a dramatic reduction in gasoline consumption would require new standards of the Corporate Average Fuel Economy system, known as CAFE, and an increased availability in the U.S. auto market of vehicles that run on alternative fuels.

Deputy White House Chief of Staff Joel Kaplan said in an exclusive interview with ABC News:

“On the demand side, it means we need to have more fuel-efficient vehicles, and the president is going to propose that Congress give him the authority to reform and modernize the passenger-car fleet, just as we’ve done for the light-truck fleet.”

And on the supply side, “The president is going to propose a new, much more aggressive mandatory fuel standard for renewable and alternative fuels”

via::ABCNews

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