Obama talks new energy technologies
March 7th, 2012
04:56 PM ET

Obama talks new energy technologies

Mt. Holly, NC (CNN) – President Obama visited the politically important state of North Carolina to release the latest initiative in his strategy to lessen America’s dependence on foreign oil.
In a visit to a Daimler Trucks manufacturing plant in Mt. Holly, North Carolina, he used in clean energy vehicles. The program, the National Community Deployment Challenge, is similar to the administration’s efforts in education called “Race to the Top.”

The initiative is aimed at increasing alternatives to oil and improving fuel efficiency in vehicles. It includes accelerating production of alternative-fuel vehicles and offering a $10,000 discount in the form of a tax credit for purchasers of cars with clean and advanced technology.

“We’ve got to develop every source of American energy - not just oil and gas, but wind power and solar power, nuclear power, biofuels,” he explained. “We need to invest in the technology that will help us use less oil in our cars and our trucks, in our buildings, in our factories. That’s the only solution to the challenge.”

North Carolina, which Mr. Obama narrowly won in his 2008 bid for the presidency, is a key battleground state. It faces an unemployment rate of 10.4%, higher than the national average of 8.3%.

The president talked about how gas prices are affecting Americans.

“Most of you have probably filled up your gas tank a time or two in the last week, and you've seen how quickly the price of gas is going up. A lot of you may have to drive a distance to work. Higher gas prices are like a tax straight out of your paycheck,” the president said.

But he said that large corporations are hit even harder.

“For companies that operate a whole fleet of trucks, the higher costs can make a big difference in terms of the profitability of the company,” President Obama said.

Although the trip to the Tar Heel state was an official visit and not a campaign event, it comes on the heels of visits by First Lady Michelle Obama and Vice President Joe Biden.

Before the end of his remarks the president took a swipe at his critics, although he didn’t call out any of his opponents by name.

“The next time you hear some politician trotting out some three point plan for two dollar gas, you let him know we know better,” he said referring to Newt Gingrich’s plan. “Tell them we are tired of hearing phony election year promises that never come about.”

Topics: Energy • North Carolina • President Obama • The News

soundoff (37 Responses)
  1. Joey

    Too bad we can't run vehicles off of hot air, Obama has an endless supply.

    March 7, 2012 at 5:35 pm |
    • Brett

      hahahaha that's funny and so true

      March 7, 2012 at 6:04 pm |
    • jean2009

      Little late for the patent their Joey....Hot Air=Steam!


      March 7, 2012 at 6:33 pm |
      • jean2009

        sorry "there"

        March 7, 2012 at 6:45 pm |
  2. Steve- Illinois

    Only Obama gets to make phony election year promises!

    Maybe we can run them there big trucks on algae!!

    It would be quite funny, if it weren't so sad!

    March 7, 2012 at 5:42 pm |
    • jean2009

      This from Reuter's two days ago.
      Aqualia eyes large-scale algae biofuel production

      March 7, 2012 at 6:39 pm |
      • jerry

        ten to twenty years down stream...is the truth...it has to fly economically...another obama fluff and BS election speech...

        March 7, 2012 at 7:11 pm |
      • GetReal

        Jerry- The technology is here, today. Algae can thrive off of the pollution from our coal power stations, while emitting oxygen. The algae is the bi-product, which can be easily converted to biodiesel.
        The biggest obstacle is convincing gas guzzling, polluting naysayers. Know what I mean?

        March 7, 2012 at 9:03 pm |
      • John

        GetReal – get real. What do you drive? It runs on algie?

        March 8, 2012 at 6:56 am |
  3. turdforbrains

    Sure... Lets print and spend billions more chasing this pipe dream while middle Americans suffers from high gas prices.
    Makes sence to me..

    March 7, 2012 at 6:19 pm |
  4. just say no!

    yes.. lets go to a manufacturing plant owned by ................ a foreign company to tout American jobs....

    How about a US company... oh forgot there isn't any.... you pushed them all overseas

    March 7, 2012 at 6:38 pm |
    • jean2009

      Aviation fuel from Ohio algae tested by air force at Wright Patterson air base.

      March 7, 2012 at 6:44 pm |
      • jerry

        yes...for $16.00 per gallon in lieu of about $2.00...big frigging deal! We tax payers took this on the chin as usual when obummer gets involoved in something.

        March 7, 2012 at 7:10 pm |
      • jean2009

        @jerry I would suggest you get a mule, since $2 a gallon gas is not going to happen again in your lifetime....that is some misguided pipe dream. The world demand is too great, and China is willing to pay more than $2 a gallon on any day of the week; which means the seller will sell it to the highest bidder...which is not you.

        March 7, 2012 at 8:03 pm |
      • GetReal

        jerry – Since Obama took office, nearly everyone's taxes have gone down. That's a fact, Jack.

        March 7, 2012 at 9:07 pm |
      • Bill in STL

        No get real ... mine have not. If you are talking about the payroll tax well all that is is the payments you make to the social security..... you are messing over the current seniors and short circuting your own retirement. Additionally the tax vurden is being shifter to bussiness...and that means you are paying those taxes anyway ... the only difference is who is collecting it. No coorporation is in bussiness to go broke payin taxes.

        If you think this has not happened before ... Look up the tax rate in the UK before and after Margaret Thatcher. All she did was shift the burden to business .. and the price was paid anyway by the consumer... not bussiness.

        Thats a fact Jack!

        March 7, 2012 at 11:33 pm |
  5. Tyler Stone

    Reblogged this on My Senior Honors Thesis and commented:
    Could I write 30 pages on the future of energy dependence in America? Hmm...

    March 7, 2012 at 6:54 pm |
  6. stuball

    "“The next time you hear some politician trotting out some three point plan for two dollar gas, you let him know we know better,” he said referring to Newt Gingrich’s plan. “Tell them we are tired of hearing phony election year promises that never come about.”"

    You claim no short-term solution to the oil situation. Well, thanks for waiting for your 4th year of office before giving it thought! Ohh, it's campaign time again...

    March 7, 2012 at 6:55 pm |
  7. jerry

    Great...green fuel but when? We need to take care of ourselves NOW. And obama...get out of the way and quit your grandstanding, you have spend billions of our tax dollars in your failed green jobs mess. This is America and we were well on our way to deveooping green tech long before you were elected to anything...you moron.

    March 7, 2012 at 7:08 pm |
    • raj

      You are Moron body. Nobody is investing on green energy seriously before Obama. One got to have invest and initiation to start. It does'n't come itself. Understand Moron.

      March 7, 2012 at 7:42 pm |
      • jean2009

        Wrong.... Actually the Republicans were all for alternative energy research before...but now that it looks like alternatives just might work and in so doing jeopardize them being the ones who make it work, they are mocking all attempts. While Republicans are bashing it... Bill Gates is proposing more development.

        "Algae Biofuel Proposal, Now Mocked By Republicans, Used To Have Their Support "

        March 7, 2012 at 7:51 pm |
      • Bill in STL

        sorry for saying this ... Raj you very good at name calling ... jeam amd I dom't agree on much, but we do agree on this one.. you are wrong. Republicans still believe in alternative energy ... they would do it more slowly so that the needed infrastructure would be there to support it ... and not rush into it so that potential problems could be avoided.

        WhatI am surprised about is that liberals are not screaming about the nuclear part of this speach.

        March 7, 2012 at 11:08 pm |
    • GetReal

      Before Obama, the oil and automotive companies actively bought and killed alternative energy patents, rather than make responsible investments, which would have been in the country's long term interests.

      March 7, 2012 at 9:12 pm |
      • Bill in STL

        What you are saying just does not make sense. If you think about it... Oil companies are in the business of making money. If there are patents that were pruchased and they were any good they would have been developed. If you have a vaible alternative that can make you money ... even if you provided oil why would you not set yourself/company for the future?

        March 7, 2012 at 11:27 pm |
  8. oilmann

    Mores Lies from the Dictator.

    March 7, 2012 at 7:34 pm |
  9. Bob

    "We need to invest in the technology "–President Barack "Algae will run your car " Obama
    Translation: we need to pay off Obama campaign contributors with tax dollars, for failed "green technology"...

    March 7, 2012 at 8:18 pm |
  10. Pditty

    Did he talk about all the great work solyndra is doing? geeeee I hope so.

    March 7, 2012 at 10:09 pm |
  11. Bill in STL

    Oil Consumption is projected to be at a 15 year low for 2012. So whiy is the price at the pump going up? President Obama also made reference in his speach that when demand goes down so do consumer prices... So why arent tthey going down ... our demand is at a 15 year low ... the dirty little secret is that additional taxes on oil is funding the reseach in the alternative energy field ... like Solyndra.

    March 7, 2012 at 10:27 pm |
  12. Isn't it ironic...

    ...that 47% of congress are millionaires
    ....and of that 47% democrats in the house and senate hold the majority numbers
    Whose money is they want to tax more? I betcha whatever tax legislation they might get against the evil rich won't apply to them.

    March 7, 2012 at 10:47 pm |
  13. Bill in STL

    Race to the Top = Race to the top cost for consumers

    March 7, 2012 at 11:36 pm |
  14. Howard's Daddy

    So the man is advocating less dependence on oil when the rest of the world is raising theirs? Sounds like common sense to me.

    Just saw a clip of how the great FOX News pundits were saying rising gas prices during the Bush years were not his fault. I'm LMAO.

    March 7, 2012 at 11:53 pm |
  15. Aristocles

    We need less talk about new energy and more action on it.

    March 8, 2012 at 2:58 am |
  16. Lefty

    Obama "Oil is the fuel of the past". – Then why did I have to fill up today and why will I have to refill later this week?

    March 8, 2012 at 7:59 am |
  17. Howard's Daddy

    Because you are stuck in the past and do not consider the future.

    March 8, 2012 at 12:04 pm |
  18. Steveo

    The truth is algae is not ready, The Volt was not ready, Solyndra wasn't ready! The point is renewables will come but rushing them to market will only result in more setbacks. Hybrid technology is not new so why is the Volt having so many issues? I have not yet heard once anything about the Nissan Leaf, which is 100% electric, having these many issues! Yet the Volt is getting taxpayer money and the Leaf did not, could that be the problem?

    March 8, 2012 at 12:10 pm |
  19. Jared

    Solar energy systems, photovoltaics, help solidify the necessary infrastructure for the growing trend of electric vehicles. Accelerate Solar (http://accelerate-solar.com) in Charlotte, NC provides free information about these types of residential and commercial solar power projects.

    March 8, 2012 at 8:38 pm |
  20. Ivan

    All Obama does is keep talking..

    Just a lot of talk. and Government funding for ridiculous ideas that cost the taxpayers money.

    March 12, 2012 at 2:02 pm |