The race to the Oval Office is on and now that they're in the final stretch presidential hopefuls John McCain and Barack Obama are becoming more vocal on where they stand on election hot topics related to energy policy.

Energy security
Both candidates acknowledge the need for the US to lessen its dependence on foreign oil. McCain last week proposed allowing oil companies to drill in US coastal waters. Obama opposes lifting the more than two-decade old ban.

Ethanol
Obama supports subsidies for corn-based ethanol, and would mandate that all new vehicles be able to run on ethanol blends.
McCain favours eliminating the subsidies.

Nuclear energy
McCain last week called for the construction of 45 new nuclear power plants by 2030.
Obama is open to expanded nuclear energy, but said producers must address concerns over transparency, security of nuclear fuel and waste, and waste storage.

Electric and hybrid vehicles
McCain today called for big federal government tax incentives and a research prize to encourage development of "zero-emissions" automobiles.
Obama also proposes federal aid, including consumer tax incentives to encourage development and proliferation of low-emissions autos.

McCain's $300 million incentive for the manufacturer that successfully develops a powerful battery for hybrid and electric vehicles is the most significant promise made so far in terms of the candidates' environmental platforms, but with five months still to go until the election, this has just barely scratched the surface. Stay tuned...

» Guardian