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MindMover

(5,016 posts)
Mon Jul 16, 2012, 04:50 PM Jul 2012

Mitt Romney Supports An End To Wind Tax Credit, Which Could ‘Mean The Loss Of Several Thousand Jobs’

Staffers for Mitt Romney’s presidential campaign say the candidate wants to end the wind production tax credit.

That federal credit has allowed the wind industry to compete with heavily-subsidized fossil fuels that do considerable harm to the environment and public health — impacts that are not reflected in their price.

The production tax credit provides wind developers with a tax benefit of 2.2 cents for every kilowatt-hour of wind electricity produced — far below the air pollution damages caused by coal plants. Without Congressional action, the incentive will expire at the end of this year, potentially resulting in the loss of tens of thousands of manufacturing and construction jobs supported by the sector.

Romney has hinted that he wants to end federal tax support for clean energy, but he has not yet made a definitive statement on the production tax credit. However, the Des Moines Register is now reporting that Romney has taken a more concrete stance on the issue:

http://thinkprogress.org/climate/2012/07/16/520211/mitt-romney-supports-an-end-to-wind-tax-credit-which-could-mean-the-loss-of-several-thousand-jobs/

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Mitt Romney Supports An End To Wind Tax Credit, Which Could ‘Mean The Loss Of Several Thousand Jobs’ (Original Post) MindMover Jul 2012 OP
Romney says "If you want gas prices to go down, use less gas" louis-t Jul 2012 #1
All other energy subsidies should end too riverbendviewgal Jul 2012 #2
Clean energy should Politicalboi Jul 2012 #3

louis-t

(23,295 posts)
1. Romney says "If you want gas prices to go down, use less gas"
Mon Jul 16, 2012, 04:51 PM
Jul 2012

Then repugs vote against anything that would make that possible.

 

Politicalboi

(15,189 posts)
3. Clean energy should
Mon Jul 16, 2012, 04:57 PM
Jul 2012

Always be subsidized. Wind and solar only. Fracking is going to be the death of this planet.

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