Jeb Bush Energy Plan Emphasizes US Jobs, Lower Prices


WASHINGTON, Sept 29 (Reuters) - Republican U.S. presidential candidate Jeb Bush will lay out energy policy proposals on Tuesday that seek to spur job growth and take aim at President Barack Obama's plan to limit carbon emissions from power plants.

In a speech at Rice Energy Inc., in Canonsburg, Pennsylvania, Bush will give yet another detailed policy speech on what he would try to accomplish if elected president in November 2016.

It is part of an extended campaign approach by the former Florida governor to present himself as a conservative policy heavyweight as he attempts to make up ground to Donald Trump, who has been leading in opinion polls ahead of the Republican presidential nomination.

In details of his plan released by his campaign, Bush will call for lifting a U.S. ban on crude oil exports and lift restrictions on natural gas exports that have made it harder to export energy to countries like Japan, China and the European Union.

Lifting the ban, Bush said in a Medium post published on Tuesday, would create "hundreds of thousands of additional jobs and significantly lower net energy costs within two years."

Bush will vow to fight Obama's plan, released last month, that would force U.S. power plants to reduce carbon emissions as part of an effort to attack climate change.

The White House plan would order power plants to cut carbon emissions 32 percent from 2005 levels by 2030. The aim is to encourage an aggressive shift toward renewable energy and away from coal-fired electricity, pushing utilities to invest even more heavily in wind and solar energy.

Industry groups and some lawmakers from states that have relied on coal-based energy have vowed to challenge the new requirements in the courts and through Congress.

Bush said in his post that the Obama plan "needs to be stopped in its tracks" and that any federal rules that would suppress domestic energy production and raise energy prices should be addressed by the next president.

Bush will also vow to approve the Keystone Xl pipeline, the Canada-to-Texas pipeline that the Obama administration has been reviewing for years without approving it. Democrat Hillary Clinton, who is seeking her party's nomination for president, has said she opposes the pipeline.

Bush has vowed to pursue policies that would lead to 4 percent annual economic growth, and his energy plan is part of that platform.

(Reporting By Steve Holland; Editing by Ken Wills)

Copyright 2017 Thomson Reuters. Click for Restrictions.


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Jenene | Sep. 30, 2015
We need domestic energy, we need the pipeline, we need oil prices to go up, we need to get the Saudis to back down and find a way to blindside them rather than try to beat them head-on at the game they hold the high ground in. We need these things to put America back to work. Instead of closing military bases, we should have shut down the left-wing, liberal hand-out system. With military bases, and industrial businesses booming, people dont need hand-outs, they would have jobs. They would be broadening the tax base. We need a strong navy - the world has too much money invested off-shore to permit piracy to gain footholds. If the current status quo continues, America will be a desolate, empty, wasteland. Can anyone hear that loon in the background? Finally, get rid of the IRS and go to a sales tax. When you have money, buy your brains out. When youre short of cash, wait 6 months to order that hand built Maserati.

chas holman | Sep. 29, 2015
When his brother was running for President, he was asked on 60 minutes what would you do if oil prices get out of line.. And he reared back and arrogantly said look, I am an oil man, I know how to talk to oilmen, we wont have that kind of problem if I am President.. It was a funny line then, and a SCARY line now in hindsight when you remember where gas and energy prices went towards the end of his administration when we were near economic collapse as his administration policies caused and oversaw the greatest recession of our lifetimes. His brothers administration DEMANDED Iraq war would pay for its self in THEIR oil (and that we would be greeted as liberators with flowers and chocolate, Rumsfeld said the war would take no longer than 6 months). ANYONE who believes ANYTHING Jeb Bush says about what he could do with the economy or our energy or our national security, is a real glutton for punishment who refuses to accept the HORRIFYING damage his family, as Presidents, have caused this nation. ....


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