Alternative fuels industry?

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Today in California Barack Obama proposed the introduction of an “alternative fuels industry”. He proposed that this would lead to the creation of new jobs.

“2006 – U.S. Senator Barack Obama (D-IL) introduced legislation that would require oil companies making in excess of $1 billion in profits during the first quarter of 2006 to invest no less than 1% of those profits into installing E85 or other alternative fuel pumps at gas stations across the U.S. It is estimated that Obama’s bill would create more than 7,000 new E85 pumps in the country.” http://www.renewableenergyaccess.com/rea/news/story?id=45046>>

Related: 

Alternative Fuels institute. A non-profit organization educating the public about E85.

Related, alternative fuels press release from Obama’s website >>

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