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John McCain: Town Hall 07/18/08

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Uploaded on Aug 11, 2008

John McCain
Town Hall Meeting
Warren, MI 07/18/08

TRANSCRIPTION
QUESTIONER: [...] I'm not sure what you think the impact to our environment is based on [offshore drilling].

JOHN MCCAIN: [...] I have—I'm aware that off the coast of Louisiana and Texas there are oil rigs as we well know and those rigs have survived very successfully, the impacts of hurricanes (Hurricane Katrina as far as Louisiana is concerned). There are methods of drilling now, which are on a slant, which also can reach into existing or undiscovered oil assets and other places.

There is dramatically improved technology in this area and I'm not saying that there will never be another oil spill. California: they still remember the Santa Barbara experience and, of course, all of us remember Exxon-Valdez, but I think the technology and the safety is there today that would give us great confidence that we would be able to exploit these offshore resources and still maintain environmental safety [...], but I also think, my friends that, if you send $700 billion overseas every year and some of that money ends up in the hands of a terrorist organization, you are also running a risk.

You're also running a risk of one of these terrorist organizations doing—committing a terrorist act in the United States of America and some of our vulnerable areas obviously are energy supplies so I think we have to kind of balance all of these priorities as well. [...]

QUESTIONER: I would just like to see more emphasis on our renewable resources that we have out there. [...]

MCCCAIN: [...] I'm supportive of and the government is doing some pure research and development on a lot of this technology, wind, tide, solar, and others, but I also—and this is where Mr. [T. Boone] Pickens and I disagree a little bit—I don't think we can rely on those to be as much of the solution as some people think.

We all love solar. Is there anybody that doesn't love solar power? But when we look at the actual contributions, compared with the increased demand for energy that's gonna be part of American in the next 20 years, it does not meet those demands, much less the existing requirements that we have. [...]

CLIP LABEL: JM MI 07-18 (JR#63) AKG - ClipI

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