McCain Unveils Energy Plan ‘The Lexington Project’

By Jennifer Parker

Jun 25, 2008 5:27pm

ABC News’ Bret Hovell Reports: Sen. John McCain put a name on the strategic energy plan he has been piecing together for the last several days, likening it to President Kennedy calling for a mission to the moon in the 1960s and declaring that the United States “will break the power of OPEC over the United States.”

“In recent days I have set before the American people an energy plan, the Lexington, the Lexington Project. The Lexington project, remember that name,” McCain said during a speech Wednesday in Las Vegas, “Named for the town where Americans asserted their independence once before.”

McCain’s plan, which he has laid out over the past two weeks, is designed to get America off foreign sources of oil. It includes investing in new technologies, such as wind, solar, as well as more controversial measures such as off-shore drilling along the continental shelf, investing in nuclear technology, and utilization of so-called “clean coal” technology.

“In a world of hostile and unstable suppliers of oil, this nation will achieve strategic independence by 2025,” McCain declared.

His campaign clarified “strategic independence” of oil means that the U.S. would no longer require oil as a primary fuel.

McCain alluded to the 1960s space race when talking about the timing of his goal for independence.

“Some will say this goal is unattainable within that relatively short span of years, it’s too hard and we need more time,” McCain said. “Let me remind them that in the space of half that time, about eight years, this nation conceived and carried out a plan to take Americans to the Moon and bring them safely home.”

McCain directly addressed the oil cartel OPEC – which controls much of the world’s oil supply.

“Never again will we leave our vital interests at the mercy of any foreign power,” he said.

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