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Comparing McCain, Obama energy plans
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Obama:
_Proposes a 50 percent tax on "windfall" profits of five largest U.S. oil companies and using the money to provide a "rebate" to the public to help pay for high energy costs.
McCain:"
_Opposes new taxes on oil companies, saying such taxes would hinder investment in exploration and new production.
GLOBAL WARMING
Obama:
_Mandatory reductions of carbon dioxide and other greenhouse gases by 80 percent from 1990 levels by 2050, using a market-based cap-and-trade system.
McCain:
_Mandatory reductions of carbon dioxide and other greenhouse gases by 66 percent from 1990 levels by 2050, using market-based cap-and-trade.
CARS
Obama:
_Increase federal fuel economy requirements beyond 35 mpg.
