Barack Obama

we meet at a moment when thi countri is face a set of challeng greater than ani we seen in gener __PUNCT__

right now __PUNCT__ our brave men and women in uniform ar fight two differ war while terrorist plot their next attack __PUNCT__

our chang climat is place our planet in peril __PUNCT__

our economi is in turmoil and our famili ar struggl with rise_cost and fall incom __PUNCT__ with lost job and lost home and lost faith in the american_dream __PUNCT__

and for too long __PUNCT__ our leader in washington have been unwil or unabl to do anyth about it __PUNCT__

that is why thi elect could be the most import of our lifetim __PUNCT__

when it come to our economi __PUNCT__ our secur __PUNCT__ and the veri futur of our planet __PUNCT__ the choic we make in __DATE__ and over the next few year will shape the next decad __PUNCT__ if not the centuri __PUNCT__

and central to all of these major challeng is the question of what we will do about our addict to foreign_oil __PUNCT__

without a doubt __PUNCT__ thi addict is on of the most danger and urgent threat thi nation ha ever face __PUNCT__ from the ga_price that ar wipe out your paycheck and strain busi to the job that ar disappear from thi state __PUNCT__ from the instabl and terror bred in the middl_east to the rise ocean and record drought and spread famin that could engulf our planet __PUNCT__

it also a threat that goe to the veri heart of who we ar as a nation __PUNCT__ and who we will be __PUNCT__

will we be the gener that leav our children a planet in declin __PUNCT__ or a world that is clean __PUNCT__ and safe __PUNCT__ and thrive __PUNCT__ will we allow ourselv to be held hostag to the whim of tyrant and dictat who control the world_oil well __PUNCT__ or will we control our own energi and our own destini __PUNCT__ will america watch as the clean_energi job and industri of the futur flourish in countri like spain __PUNCT__ japan __PUNCT__ or germani __PUNCT__ or will we creat them here __PUNCT__ in the greatest countri on earth __PUNCT__ with the most talent __PUNCT__ product_worker in the world __PUNCT__

as american __PUNCT__ we know the answer to these question __PUNCT__

we know that we cannot sustain a futur power by a fuel that is rapidli disappear __PUNCT__

not when we purchas __MONEY___million worth of oil everi singl_dai from some the world most unstabl and hostil nation __PUNCT__ middl_eastern regim that will control nearli all of the world_oil by __NUM__ __PUNCT__

not when the rapid_growth of countri like china and india mean that we consum more of thi dwindl resourc faster than we ever imagin __PUNCT__

we know that we can't sustain thi kind of futur __PUNCT__

but we also know that we been talk about thi issu for decad __PUNCT__

we heard promis about energi_independ from everi singl presid sinc richard_nixon __PUNCT__

we heard talk about curb the us of fossil_fuel in state of the union_address sinc the oil embargo of __NUM__ __PUNCT__

back then __PUNCT__ we import about a third of our oil __PUNCT__

now __PUNCT__ we import more than half __PUNCT__

back then __PUNCT__ global_warm wa the theori of a few scientist __PUNCT__

now __PUNCT__ it is a fact that is melt our glacier and set off danger weather pattern as we speak __PUNCT__

then __PUNCT__ the technolog and innov to creat new sourc of clean __PUNCT__ afford __PUNCT__ renew_energi wa a gener awai __PUNCT__

todai __PUNCT__ you can find it in the research lab of thi univers and in the design center of thi state legendari auto_industri __PUNCT__

it in the chemistri lab that ar lai the build block for cheaper __PUNCT__ more effici solar_panel __PUNCT__ and it in the re __PUNCT__ born factori that ar churn out more wind_turbin everi dai all across thi countri __PUNCT__

despit all thi __PUNCT__ here we ar __PUNCT__ in anoth elect __PUNCT__ still talk about our oil addict __PUNCT__ still more depend than ever __PUNCT__

why __PUNCT__

you won't hear me sai thi too often __PUNCT__ but i couldn't agre more with the explan that senat_mccain offer a few week_ago __PUNCT__

he said __PUNCT__ our danger depend on foreign_oil ha been thirti_year in the make __PUNCT__ and wa caus by the failur of politician in washington to think long __PUNCT__ term about the futur of the countri __PUNCT__

what senat_mccain neglect to mention wa that dure those thirti_year __PUNCT__ he wa in washington for twenti __PUNCT__ six of them __PUNCT__

and in all that time __PUNCT__ he did littl to reduc our depend on foreign_oil __PUNCT__

he vote against increas fuel_effici standard and oppos legisl that includ tax_credit for more effici car __PUNCT__

he vote against renew_sourc of energi __PUNCT__

against clean biofuel __PUNCT__

against solar_power __PUNCT__

against wind_power __PUNCT__

against an energi_bill that __PUNCT__ while far from perfect __PUNCT__ repres the largest invest in renew_sourc of energi in the histori of thi countri __PUNCT__

so when senat_mccain talk about the failur of politician in washington to do anyth about our energi_crisi __PUNCT__ it import to rememb that he been a part of that failur __PUNCT__

now __PUNCT__ after year of inact __PUNCT__ and in the face of public frustrat over rise ga_price __PUNCT__ the onli energi propos he realli promot is more offshor_drill __PUNCT__ a posit he recent adopt that ha becom the centerpiec of hi plan __PUNCT__ and on that will not make a real dent in current ga_price or meet the long __PUNCT__ term challeng of energi_independ __PUNCT__

georg_bush own energi depart ha said that if we open up new area to drill todai __PUNCT__ we wouldn't see a singl drop of oil for seven year __PUNCT__

seven year __PUNCT__

and senat_mccain know that __PUNCT__ which is why he admit that hi plan would onli provid __PUNCT__ psycholog __PUNCT__ relief to consum __PUNCT__

he also know that if we open up and drill on everi singl squar inch of our land and our shore __PUNCT__ we would still find onli three percent of the world_oil oil_reserv __PUNCT__

three percent for a countri that us __NUM__ __PUNCT__ of the world_oil __PUNCT__

even texa oilman boon picken __PUNCT__ who call for major new invest in altern_energi __PUNCT__ ha said __PUNCT__ thi is on emerg we can't drill our wai out of __PUNCT__

now __PUNCT__ increas domest oil explor certainli ha it place as we make our economi more fuel __PUNCT__ effici and transit to other __PUNCT__ renew __PUNCT__ american __PUNCT__ made sourc of energi __PUNCT__

but it is not the solut __PUNCT__

it is a polit answer of the sort washington ha given us for three decad __PUNCT__

there ar genuin wai in which we can provid some short __PUNCT__ term relief from high ga_price __PUNCT__ relief to the mother who cut down on groceri becaus of ga price __PUNCT__ or the man i met in pennsylvania who lost hi job and can't even afford to drive around and look for a new on __PUNCT__

i believ we should immedi give everi work_famili in america a __MONEY__ energi rebat __PUNCT__ and we should pai for it with part of the record profit that the oil_compani ar make right now __PUNCT__

i also believ that in the short __PUNCT__ term __PUNCT__ as we transit to renew_energi __PUNCT__ we can and should increas our domest_product of oil and natur_ga __PUNCT__

but we should start by tell the oil_compani to drill on the __NUM___million million_acr thei current have access to but haven't touch __PUNCT__

and if thei don't __PUNCT__ we should requir them to give up their leas to someon who will __PUNCT__

we should invest in the technolog that can help us recov more from exist oil_field __PUNCT__ and speed up the process of recov oil and ga resourc in shale format in montana and north_dakota __PUNCT__ texa and arkansa and in part of the west and central gulf of mexico __PUNCT__

we should sell __NUM___million million_barrel of oil from our strateg petroleum reserv for less expens crude __PUNCT__ which in the past ha lower ga_price within two week __PUNCT__

over the next five year __PUNCT__ we should also leas more of the nation petroleum reserv in alaska for oil and ga product __PUNCT__

and we should also tap more of our substanti natur_ga reserv and work with the canadian govern to final build the alaska natur ga pipelin __PUNCT__ deliv clean natur ga and creat good_job in the process __PUNCT__

but the truth is __PUNCT__ none of these step will come close to serious reduc our energi depend in the long __PUNCT__ term __PUNCT__

we simpli cannot pretend __PUNCT__ as senat_mccain doe __PUNCT__ that we can drill our wai out of thi problem __PUNCT__

we need a much bolder and much bigger set of solut __PUNCT__

we have to make a seriou __PUNCT__ nationwid commit to develop new sourc of energi and we have to do it right awai __PUNCT__

last week __PUNCT__ washington final made some progress on thi __PUNCT__

a group of democrat and republican_senat sat down and came up with a compromis on energi that includ mani of the propos i work on as a senat and mani of the step i been call for on thi campaign __PUNCT__

it a plan that would invest in renew fuel and batteri for fuel __PUNCT__ effici car __PUNCT__ help automak re __PUNCT__ tool __PUNCT__ and make a real invest in renew_sourc of energi __PUNCT__

like all compromis __PUNCT__ thi on ha it drawback __PUNCT__

it includ a limit amount of new offshor_drill __PUNCT__ and while i still don't believ that a particularli meaning short __PUNCT__ term or long __PUNCT__ term solut __PUNCT__ i am will to consid it if it necessari to actual pass a comprehens plan __PUNCT__

i am not interest in make the perfect the enemi of the good __PUNCT__ particularli sinc there is so much good in thi compromis that would actual reduc our depend on foreign_oil __PUNCT__

and yet __PUNCT__ while the compromis is a good first step and a good_faith effort __PUNCT__ i believ that we must go even further __PUNCT__ and here why __PUNCT__ break our oil addict is on of the greatest_challeng our gener will ever face __PUNCT__

it will take noth less than a complet transform of our economi __PUNCT__

thi transform will be costli __PUNCT__ and given the fiscal disast we will inherit from the last administr __PUNCT__ it will like requir us to defer some other prioriti __PUNCT__

it is also a transform that will requir more than just a few govern_program __PUNCT__

energi_independ will requir an all __PUNCT__ hand __PUNCT__ on __PUNCT__ deck effort from america __PUNCT__ effort from our scientist and entrepreneur __PUNCT__ from busi and from everi american_citizen __PUNCT__

factori will have to re __PUNCT__ tool and re __PUNCT__ design __PUNCT__

busi will need to find wai to emit less carbon_dioxid __PUNCT__

all of us will need to bui more of the fuel __PUNCT__ effici car built by thi state __PUNCT__ and find new wai to improv effici and save energi in our own home and busi __PUNCT__

thi will not be easi __PUNCT__

and it will not happen overnight __PUNCT__

and if anyon tri to tell you otherwis __PUNCT__ thei ar either fool themselv or try to fool you __PUNCT__

but i know we can do thi __PUNCT__

we can do thi becaus we ar american __PUNCT__

we do the improb __PUNCT__

we beat great odd __PUNCT__

we ralli togeth to meet whatev challeng stand in our wai __PUNCT__

that what we alwai done __PUNCT__ and it what we must do now __PUNCT__

for the sake of our economi __PUNCT__ our secur __PUNCT__ and the futur of our planet __PUNCT__ we must end the ag of oil in our time __PUNCT__

creat a new energi_economi isn't just a challeng to meet __PUNCT__ it an opportun to seiz __PUNCT__ an opportun that will creat new busi __PUNCT__ new industri __PUNCT__ and million of new job __PUNCT__

job that pai well __PUNCT__

job that can't be outsourc __PUNCT__

good __PUNCT__ union job __PUNCT__

for a state that ha lost so mani and struggl so much in recent_year __PUNCT__ thi is an opportun to rebuild and reviv your economi __PUNCT__

as your wonder governor ha said __PUNCT__ ani time you pick up a newspap and see the term __PUNCT__ climat chang __PUNCT__ or __PUNCT__ global_warm __PUNCT__ just think __PUNCT__ job for michigan __PUNCT__

you ar see the potenti alreadi __PUNCT__

alreadi __PUNCT__ there ar __NUM___job in your clean_energi sector and __NUM___compani __PUNCT__

but now is the time to acceler that growth __PUNCT__ both here and across the nation __PUNCT__

if i am presid __PUNCT__ i will immedi direct the full resourc of the feder_govern and the full energi of the privat_sector to a singl __PUNCT__ overarch goal __PUNCT__ in ten_year __PUNCT__ we will elimin the need for oil from the entir middl_east and venezuela __PUNCT__

to do thi __PUNCT__ we will invest __MONEY___billion over the next ten_year and leverag billion more in privat_capit to build a new energi_economi that har american_energi and creat five million new american_job __PUNCT__

there ar three major step i will take to achiev thi goal __PUNCT__ step that will yield real result by the end of my first term in offic __PUNCT__

first __PUNCT__ we will help state like michigan build the fuel __PUNCT__ effici car we need __PUNCT__ and we will get on million __NUM___mile __PUNCT__ per __PUNCT__ gallon plug __PUNCT__ in hybrid on our road within six year __PUNCT__

i know how much the auto_industri and the auto_worker of thi state have struggl over the last decad or so __PUNCT__

but i also know where i want the fuel __PUNCT__ effici car of tomorrow to be built __PUNCT__ not in japan __PUNCT__ not in china __PUNCT__ but right here in the unit_state of america __PUNCT__

right here in the state of michigan __PUNCT__

we can do thi __PUNCT__

when i arriv in washington __PUNCT__ i reach across the aisl to come up with a plan to rais the mileag standard in our car for the first time in thirti_year __PUNCT__ a plan that won support from democrat and republican who had never support rais fuel standard befor __PUNCT__

i also led the bipartisan effort to invest in the technolog necessari to build plug __PUNCT__ in hybrid car __PUNCT__

as presid __PUNCT__ i will acceler those effort to meet our urgent need __PUNCT__

with technolog we have on the shelf todai __PUNCT__ we will rais our fuel mileag standard four percent everi year __PUNCT__

we invest more in the research and develop of those plug __PUNCT__ in hybrid __PUNCT__ specif focus on the batteri technolog __PUNCT__

we leverag privat_sector fund to bring these car directli to american_consum __PUNCT__ and we give consum a __MONEY__ tax_credit to bui these vehicl __PUNCT__

but most importantli __PUNCT__ i provid __MONEY___billion in loan and tax_credit to american auto plant and manufactur so that thei can re __PUNCT__ tool their factori and build these car __PUNCT__

that how we not onli protect our auto_industri and our auto_worker __PUNCT__ but help them thrive in a __NUM___centuri economi __PUNCT__

what more __PUNCT__ these effort will lead to an explos of innov here in michigan __PUNCT__

at the turn of the __NUM__ centuri __PUNCT__ there were liter hundr of car_compani offer a wide choic of steam vehicl and ga engin __PUNCT__

i believ we ar enter a similar era of expand consum_choic __PUNCT__ from higher mileag car __PUNCT__ to new electr entrant like gm volt __PUNCT__ to flex fuel car and truck power by biofuel and driven by michigan innov __PUNCT__

the second step i take is to requir that __NUM__ __PUNCT__ of our energi come from renew_sourc by the end of my first term __PUNCT__ more than doubl what we have now __PUNCT__

to meet these goal __PUNCT__ we will invest more in the clean technolog research and develop that occur in lab and research facil all across the countri and right here at msu __PUNCT__ where you work with farm owner to develop thi state wind potenti and develop nanotechnolog that will make solar_cell cheaper __PUNCT__

i also extend the product tax_credit for five year to encourag the product of renew_energi like wind_power __PUNCT__ solar_power __PUNCT__ and geotherm energi __PUNCT__

it wa becaus of thi credit that wind_power grew __NUM__ __PUNCT__ last year __PUNCT__ the largest growth in histori __PUNCT__

expert have said that michigan ha the second best potenti for wind gener and product in the entir countri __PUNCT__

and as the world_largest produc of the materi that make solar_panel work __PUNCT__ thi tax_credit would also help state like michigan grow solar industri that ar alreadi creat hundr of new job __PUNCT__

we also invest feder resourc __PUNCT__ includ tax_incent and govern_contract __PUNCT__ into develop next gener biofuel __PUNCT__

by __NUM__ i will make it a goal to have __NUM___billion gallon of our fuel come from sustain __PUNCT__ afford biofuel and we make sure that we have the infrastructur to deliv that fuel in place __PUNCT__

here in michigan __PUNCT__ you actual a step ahead of the game with your first __PUNCT__ ever commerci cellulos ethanol plant __PUNCT__ which will lead the wai by turn wood into clean __PUNCT__ burn fuel __PUNCT__

it estim that each new advanc biofuel plant can add up to __NUM___job __PUNCT__ expand a local town tax_base by __MONEY___million per year __PUNCT__ and boost local household_incom by __MONEY___million annual __PUNCT__

in addit __PUNCT__ we find safer wai to us nuclear_power and store nuclear_wast __PUNCT__

and we invest in the technolog that will allow us to us more coal __PUNCT__ america most abund energi_sourc __PUNCT__ with the goal of creat five __PUNCT__ first __PUNCT__ of __PUNCT__ a __PUNCT__ kind __PUNCT__ coal __PUNCT__ fire demonstr plant with carbon_captur and sequestr __PUNCT__

of cours __PUNCT__ too often __PUNCT__ the problem is that all of thi new energi_technolog never make it out of the lab and onto the market becaus there too much risk and too much cost involv in start commerci __PUNCT__ scale clean_energi busi __PUNCT__

so we will remov some of thi cost and thi risk by direct billion in loan and capit to entrepreneur who ar will to creat clean energi busi and clean energi job right here in america __PUNCT__

as we develop new sourc of energi and electr __PUNCT__ we will also need to modern our nation util grid so that it accommod to new sourc of power __PUNCT__ more effici __PUNCT__ and more reliabl __PUNCT__

that an invest that will also creat hundr of thousand of job __PUNCT__ and on that i will make as presid __PUNCT__

final __PUNCT__ the third step i will take is to call on busi __PUNCT__ govern __PUNCT__ and the american_peopl to meet the goal of reduc our demand for electr __NUM__ __PUNCT__ by the end of the next decad __PUNCT__

thi is by far the fastest __PUNCT__ easiest __PUNCT__ and cheapest wai to reduc our energi_consumpt __PUNCT__ and it will save us __MONEY___billion on our energi_bill __PUNCT__

sinc dupont implement an energi_effici program in __NUM__ the compani ha significantli reduc it pollut and cut it energi_bill by __MONEY___billion __PUNCT__

the state of california ha implement such a success effici strategi that while electr consumpt grew __NUM__ __PUNCT__ in thi countri over the last three decad __PUNCT__ it didn't grow at all in california __PUNCT__

there is no reason america can't do the same_thing __PUNCT__

we will set a goal of make our new build __NUM__ __PUNCT__ more effici over the next four year __PUNCT__

and we follow the lead of california and chang the wai util make_monei so that their profit aren't ti to how much energi we us __PUNCT__ but how much energi we save __PUNCT__

in just ten_year __PUNCT__ these step will produc enough renew_energi to replac all the oil we import from the middl_east __PUNCT__

along with the cap __PUNCT__ and __PUNCT__ trade program i propos __PUNCT__ we will reduc our danger carbon_emiss __NUM__ __PUNCT__ by __NUM__ and slow the warm of our planet __PUNCT__

and we will creat five million new job in the process __PUNCT__

if these sound like far __PUNCT__ off goal __PUNCT__ just think about what we can do in the next few year __PUNCT__

on million plug __PUNCT__ in hybrid car on the road __PUNCT__

doubl our energi from clean __PUNCT__ renew_sourc like wind_power or solar_power and __NUM___billion gallon of afford biofuel __PUNCT__

new build that __NUM__ __PUNCT__ more energi_effici __PUNCT__

so there is a real choic in thi elect __PUNCT__ a choic about what kind of futur we want for thi countri and thi planet __PUNCT__

senat_mccain would not take the step or achiev the goal that i outlin todai __PUNCT__

hi plan invest veri littl in renew_sourc of energi and he oppos help the auto_industri re __PUNCT__ tool __PUNCT__

like georg_bush and dick_chenei befor him __PUNCT__ he see more drill as the answer to all of our energi problem __PUNCT__ and like them __PUNCT__ he found a recept audienc in the veri same oil_compani that have block our progress for so long __PUNCT__

in fact __PUNCT__ he rais more than on million_dollar from big_oil just last month __PUNCT__ most of which came after he announc hi plan for offshor_drill in a room full of cheer oil execut __PUNCT__

hi initi reaction to the bipartisan energi compromis wa to reject it becaus it took awai tax_break for oil_compani __PUNCT__

and even though he doesn't want to spend much on renew_energi __PUNCT__ he actual propos give __MONEY___billion more in tax_break to the biggest oil_compani in america __PUNCT__ includ __MONEY___billion to exxon __PUNCT__ mobil __PUNCT__

thi is a corpor that just record the largest profit in the histori of the unit_state __PUNCT__

__PUNCT__

thi is the compani that __PUNCT__ last quarter __PUNCT__ made___MONEY__ everi second __PUNCT__

that more than __MONEY__ in the time it take you to fill up a tank with ga that cost you more than __MONEY__

and senat_mccain not onli want them to keep everi dime of that monei __PUNCT__ he want to give them more __PUNCT__

so make no mistak __PUNCT__ the oil_compani have place their bet on senat_mccain __PUNCT__ and if he win __PUNCT__ thei will continu to cash in while our famili and our economi suffer and our futur is put in jeopardi __PUNCT__

well that not the futur i see for america __PUNCT__

i will not pretend the goal i laid out todai aren't ambiti __PUNCT__

thei ar __PUNCT__

i will not pretend we can achiev them without cost __PUNCT__ or without sacrific __PUNCT__ or without the contribut of almost everi american_citizen __PUNCT__

but i will sai that these goal ar possibl __PUNCT__

and i will sai that achiev them is absolut necessari if we want to keep america safe and prosper in the __NUM___centuri __PUNCT__

i want you all to think for a minut about the next four year __PUNCT__ and even the next ten_year __PUNCT__

we can continu down the path we been travel __PUNCT__

we can keep make small __PUNCT__ piec __PUNCT__ meal invest in renew_energi and keep send billion of our hard __PUNCT__ earn dollar to oil_compani execut and middl_eastern dictat __PUNCT__

we can watch helplessli as the price of ga rise and fall becaus of some foreign crisi we have no control over __PUNCT__ and uncov everi singl barrel of oil buri beneath thi countri onli to realiz that we don't have enough for a few year __PUNCT__ let alon a centuri __PUNCT__

we can watch other countri creat the industri and the job that will fuel our futur __PUNCT__ and leav our children a planet that grow more danger and unliv by the dai __PUNCT__

or we can choos anoth futur __PUNCT__

we can decid that we will face the realiti of the __NUM___centuri by build a __NUM__ centuri economi __PUNCT__

in just a few year __PUNCT__ we can watch car that run on a plug __PUNCT__ in batteri come off the same assembl_line that onc produc the first ford and the first chrysler __PUNCT__

we can see shutter factori open their door to manufactur that sell wind_turbin and solar_panel that will power our home and our busi __PUNCT__

we can watch as million of new job with good pai and good benefit ar creat for american_worker __PUNCT__ and we can take pride as the technolog __PUNCT__ and discoveri __PUNCT__ and industri of the futur flourish in the unit_state of america __PUNCT__

we can lead the world __PUNCT__ secur our nation __PUNCT__ and meet our moral_oblig to futur_gener __PUNCT__

thi is the choic that we face in the month ahead __PUNCT__

thi is the challeng we must meet __PUNCT__

thi is the opportun we must seiz __PUNCT__ and thi mai be our last chanc to seiz it __PUNCT__

and if it seem too difficult or improb __PUNCT__ i ask you to think about the struggl and the challeng that past_gener have overcom __PUNCT__

think about how world_war_ii forc us to transform a peacetim economi still climb out of depress into an arsen of democraci that could wage_war across three contin __PUNCT__

and when presid_roosevelt advisor inform him that hi goal for wartim product were imposs to meet __PUNCT__ he wave them off and said __PUNCT__ believ me __PUNCT__ the product peopl can do it if thei realli try __PUNCT__

and thei did __PUNCT__

think about when the scientist and engin told john f __PUNCT__ kennedi that thei had no idea how to put a man on the moon __PUNCT__ he told them thei would find a wai __PUNCT__

and we found on __PUNCT__

rememb how we train a gener for a new __PUNCT__ industri_economi by build a nationwid system of public high_school __PUNCT__ how we laid down railroad track and highwai across an entir contin __PUNCT__ how we push the boundari of scienc and technolog to unlock the veri build block of human_life __PUNCT__

i ask you to draw hope from the improb progress thi nation ha made and look to the futur with confid that we too can meet the great test of our time __PUNCT__

i ask you to join me __PUNCT__ in __DATE__ and in the year to come __PUNCT__ to ensur that we will not onli control our own energi __PUNCT__ but onc again control our own destini __PUNCT__ and forg a new and better futur for the countri that we love __PUNCT__

thank you __PUNCT__