Romney & Ryan’s Fossil Fuel Favoritism: Starve Clean Energy, but Feed Oil with Taxpayer Money
Mitt Romney announced last week he would not extend an incentive for wind and solar power if he were elected president. Clean energy is often cast as a Democratic issue, but the incentive has broad Republican support. More than 80 percent of installed wind power comes from Republican-majority states.
Romney, however, persists in deriding the success of renewable energy. In an op ed this spring, he said wind and solar power were part of President Obama’s “imaginary world.”
Yet any American who has taken a road trip this summer knows clean energy is very real. Wind turbines have sprouted on ridgelines across the country, employing steelworkers, producing income for farmers, and generating clean energy that doesn’t endanger our health.
Roughly 35 percent of new power built in the United States in the last four years has come from wind, and more than 100,000 Americans now have jobs in the solar industry.
Clean energy has become one of the brightest spots in our economy and helped retain our competitive advantage in the global market. But Romney can’t see where the future is headed. He wants to end renewable incentives, yet continue underwriting oil and gas companies with billions of taxpayer dollars every year. He wants to turn his back on the innovative edge of the energy market in order to prolong the same coal, oil, and gas habits we have used for the past century.
His new running mate, Congressman Paul Ryan, shares Romney’s fossil fuel favoritism. The Ryan budget passed by the House would dish out $40 billion in subsidies to oil companies over the next ten years, but would slash clean energy investments by 90 percent by 2014—down to just $1 billion.
Romney and Ryan’s failure to support clean energy is a failure of imagination. They are so eager to appeal to the far-right side of their party and placate their deep-pocketed donors from the fossil fuel industry that they can’t see what any American driving through Indiana, Kansas, Utah, Ohio, Michigan and countless other states can see: clean energy is already taking root in our communities, already putting people to work, and already making our air safer to breathe. We should nurture this growth and prosperity, not thwart it.