SACRAMENTO (KCBS) – A new bipartisan report has urged California to take a leadership role in reducing oil dependence.
The panel of national security leaders and CEOs included former Secretary of State George Schultz, who is also a fellow at Stanford University’s Hoover Institution.
KCBS’ Mike Colgan Reports:
“The price of oil goes up and we struggle around for alternatives. It goes down and everything stops,” Schultz said. “That roller coaster ride has been going on now since the early 1970’s and I hope that this time, it’s different.”
The report has a number of recommendations and was authored by CalSTEP, the California Secure Transportation Energy Partnership.
“Among the recommendations is that we stay the course on our climate change policy,” said CalSTEP CEO John Boesel. “Particularly the ones related to vehicle standards and the low carbon fuel standard. Those are very helpful in reducing our dependence on oil and we should continue to support those policies.”
The report cited skyrocketing state oil imports, price shocks and federal inaction and found that recent developments in the Middle East support the need for its recommendations.
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